• Skip to primary navigation
  • Skip to main content
McKenna Storer

McKenna Storer

AV Rated Chicago Law Firm

  • Home
  • Insurance
    • Insurance Defense
    • Toxic Tort and Mass Tort Litigation
    • Construction Law
    • Commercial Transportation Law
    • Insurance Coverage
    • Malpractice Defense
    • Medical Malpractice
    • Legal Malpractice
    • Appellate Practice
  • Business
    • Corporate Law & Commercial Litigation
    • Litigation Defense
    • Bankruptcy Creditors
    • Commercial Real Estate
    • Appellate Practice
    • Health Care Law
    • Business Formation
    • Data Privacy and Cyber Liability
    • Employment Law
    • Employment Litigation
    • Workplace Harassment
  • Individual
    • Bankruptcy
    • Estate Planning
      • Estate Planning – Woodstock IL
    • Wills and Trusts
    • Real Estate
    • Mediation Services
  • Banking Law
  • COVID-19 Legal Issues
  • Our Attorneys
  • Our Firm
    • FAQ
    • Our Commitment to Diversity
  • Blog
  • Contact Us
    • Chicago Office
    • Woodstock Office
  • Show Search
Hide Search

Archives for April 2015

Debt Consolidation vs. Chapter 13

mckenna · April 28, 2015 ·

If you currently are employed but struggling to make payments on your bills, then you have two options. The first is a debt consolidation program. Debt consolidation works best for total debt that is less than $5,000 and it is important to find a reputable, nonprofit credit counseling agency for assistance. If your debt exceeds $5,000 then a Chapter 13 repayment plan may be a great option for you.

 Unlike debt consolidation programs, a Chapter 13 gives you the protection of the bankruptcy laws that requires all creditors to stop contacting you, stops any pending lawsuits, lowers interest rates on credit card debt and may even lower interest rates on car loans. The bankruptcy laws may even allow you to dispose of a second or third mortgage if your home is over financed. Debt consolidation programs cannot offer these benefits and your creditors may still contact you, and even file a lawsuit against while you are making regular payments under the program. Under a Chapter 13 bankruptcy, you will make monthly payments to a trustee who will pay your creditors for you. Consult an experienced Chapter 13 attorney to decide what options are best for you.

 This content is provided for informational purposes only and is not intended as legal advice. McKenna Storer is not liable for any actions taken on the information provided and is not liable for any errors or omissions.  

McKenna Employment Bulletin – April 2015

James DeNardo · April 2, 2015 ·

  • SUPREME COURT DECLINES TO RULE ON BREASTFEEDING IN THE WORKPLACE
  • FEMALE ALLEGED AGE AND SEX DISCRIMINATION WHERE EMPLOYER STATED HE WANTED TO REPLACE HER WITH A YOUNG MALE
  • MCDONNELL DOUGLAS BURDEN-SHIFTING APPLIES IN A PREGNANCY DISCRIMINATION ACT CASE
  • YOUR AFFIDAVITS IN SUPPORT OF A TERMINATION MUST BE FACT BASED
  • THE GENERAL CONTRACTOR WAS NOT THE INDIRECT EMPLOYER OF THE SUBCONTRACTOR’S EMPLOYEE
  • LICENSE REQUIREMENTS AND BAD REFERENCES STOP A RACE DISCRIMINATION CLAIM

[Read more…] about McKenna Employment Bulletin – April 2015

Our Commitment to Diversity

Chicago Office
McKenna, Storer
33 N. LaSalle, Suite 1400
Chicago, Illinois 60602
312.558.3900
Mo,Tu,We,Th,Fr 8:30 am – 5:00 pm
Woodstock Office
McKenna, Storer
1004 Courtaulds Dr., Suite A
Woodstock, Illinois 60098
815.334.9690
Mo,Tu,We,Th,Fr 8:30 am – 5:00 pm

  • Home
  • Insurance
  • Business
  • Individual
  • Banking Law
  • COVID-19 Legal Issues
  • Our Attorneys
  • Our Firm
  • Blog
  • Contact Us