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Category Archives: Asset Protection and Bankruptcy

Property insurance and security concept. Protecting gesture of man and house model. Investment in real estate.

Asset Protection Trusts

By MacDonald, Lee & Senechalle, Ltd. |

You’ve worked hard to build a nest egg for retirement and to pass on a legacy to your children or other beneficiaries. The recipients did not have to earn the money they will inherit so how do you know if your children will be able to effectively manage money that essentially falls into their… Read More »

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men with financial stress at home

How Does Illinois Foreclosure Work?

By MacDonald, Lee & Senechalle, Ltd. |

You are a couple of months behind on your mortgage, and now you are facing threatening calls and emails from the bank. You are worried they will start the foreclosure process and that, soon enough, they will kick you out of your home. How much time do you have? What is the foreclosure process… Read More »

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Female tenant gives keys to male landlord

Explaining the Illinois Eviction Moratorium

By MacDonald, Lee & Senechalle, Ltd. |

The COVID-19 coronavirus pandemic has wreaked havoc on the economy and touched nearly every aspect of our daily lives. Millions of Americans have found themselves with fewer hours, cut wages, furloughed indefinitely, or out of a job entirely. Federal and state governments have provided certain measures of relief, including moratoriums on eviction for people… Read More »

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circle the wagons

Circle The Wagons: Protecting Assets During A Financial Crisis

By MacDonald, Lee & Senechalle, Ltd. |

I have seen it over and over again. Mr. and Mrs. Jones comes to me saying that they need help. They have drawn down on their retirement accounts, and liquidated their kids accounts. They have credit card debt that they have now fallen behind on, and now they are seeking out an attorney’s help…. Read More »

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