Bankruptcy Law – Personal Bankruptcy

Most people are aware of the two most common forms of personal bankruptcy being chapter 7 and chapter 13. Are there any other bankruptcy options to choose from? There is a chapter 11 option which can be used by consumers; however, it is usually the choice of corporations that are looking to reorganize debts.

There is also chapter 12, but that chapter pertains to the family farmer. There are not too many family farmer cases being brought in the Northern District of Illinois. Thus, there are really only two good options when it comes to seeking bankruptcy relief. I will illustrate the basics of each chapter below.

Chapter 7 is by far the most common form of bankruptcy relief. There were over 1.4 million bankruptcy cases filed in the United States this past fiscal year and over 70% of those cases were the chapter 7 variety. Why are there so many Chapter 7 filings? The answer to that question is simple. Chapter 7 is for the honest debtor who does not have much in the way of assets yet has a lot of unsecured debt. It is known as liquidation bankruptcy although in most cases, there is nothing for the bankruptcy trustee to liquidate. The debtor typically receives a discharge and keeps all of his exempt property. For information of filing Chapter 7, seek the advice of a chapter 7 bankruptcy attorney.

Chapter 13 is the less used yet very helpful chapter under the bankruptcy code. Chapter 13 is a reorganization of either all or a portion of one’s debts over a period of three to five years. The debtor makes a monthly payment to a Chapter 13 Trustee who disburses amounts to creditors in accordance with the bankruptcy code. Creditors have an opportunity to file a proof of claim to partake in the payment plan. If creditors do not file a proof of claim, then they may not receive a payment at all. Secured creditors still have rights whether or not a claim is filed, but they should seed bankruptcy advice. They can bring a motion before the court to seek recovery of their asset should payments not be forthcoming.

In the Chicago area, there are three Chapter 13 bankruptcy trustees. Each Trustee is different in terms of office procedures and policies. It is best to get familiar with the different Trustees if you are going to practice Chapter 13 bankruptcy law. That is the best advice that I can give if you are thinking of becoming a Chicago bankruptcy lawyer. Once you are aware of how the system works, you will then be in a position to give great advice. In my opinion, it takes years to become truly versant in the bankruptcy arena. Those attorneys that file a case here and there are really at a huge disadvantage. The marketplace has seen great changes since bankruptcy reform. It is only the ones that practice diligently that can hope to handle the tough caseload.

Pest Control Services, every Home should use them

Pest control services are increasingly becoming popular in recent times due to the rapid expansion of pests in our homes, offices, and agricultural areas which can hamper our health and create huge financial losses if not controlled with the valuable services of pest control department. The pest control department is rendering invaluable service to the humankind by getting rid of these pests with their most modern techniques and innovations in the field of pest control.

Pests can have disastrous impact on the health of our family if not controlled as they can multiply very fast and cause maximum damage. Pests like cockroaches, rats, red and black ants, spiders, bed bugs, silver fish are some of the major ones which can invade our home and property. Effective pest control is the only solution to this menace of pests. Various gels and sprays are commercially available in the market which can be administered in the cracks and crevices where these pests dwell and multiply. These gels and sprays can be used without vacating the premises and it is totally trouble free and safe for the occupants. Various pest control agencies specialize in these products and services and they can render their services in quick time without any hassles.

We can also use various methods to curb the influx of pests into our homes by maintaining proper hygiene in and around our homes, offices and surroundings. All cracks and leakages should be monitored and repaired on time to prevent any pests from entering and making their presence felt in our dwellings. Various medicinal herbs and plants help in reducing the entry of pests into our homes like basil, mint, onion, neem, lemon grass, ginger, butterfly bush, red cedar etc. Chemical treatment for ants and bugs has been found to be very effective in recent times. In this method, small holes are drilled into the wall and certain chemicals are filled into it. The holes are then sealed and any insect or bug venturing around that area is immediately killed. This treatment lasts for several years and nothing is visible on the surface of the walls.

Pest control companies also specialising in giving personalized service to the individuals depending on their requirements, type of pest, damage caused, and structural condition of the home or office. They have a team of experts who can come to our place and access the situation and advise methods by which they can eradicate these pests without wasting much of our precious time and money. They also take into account the health hazards that can be caused especially to children during the course of pest control services and the means and methods by which it can be prevented by proper guidance and precautions. Most of the pest control services use natural methods and pesticides which are tested and certified and hence they don’t have any dangerous effects on the user and are also environment friendly.