Chicago Bankruptcy Lawyer
Great News everyone.
I've recently read the following article on Zillow.com's blog.http://www.zillow.com/blog/2011-04-27/the-consequences-of-walking-away/?scid=emm-052311_MayBuzzRoundup-walkawayIt does offer some useful advice, but I think a chapter 13 should be looked at first. If you are in default on the first mortgage, a chapter 13 can catch you up. If the second mortgage is wholly unsecured, we can strip off the lien and pay it at a discounted rate, often for pennies on the dollar with no...
Chapter 7 & Chapter 13 Bankruptcy - Free ConsultsTrying this as a new advertising source to bump up exposure for our bankruptcy law firm
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Leeders Law has several office locations to serve your needs throughout Chicago, the surrounding suburbs, and can handle cases throughout the state. The firm focuses on consumer and small business bankruptcy cases, filing cases under Chapter 7 and chapter 13. We also handle divorce and family law matters in Cook, Dupage, Will, and Lake County. Finally, we handle real estate closings in and around Chicago and suburbs for both buyers and...
Leeders & Associates, Ltd. has several office locations to serve your needs throughout Chicago, the surrounding suburbs, and can handle cases throughout the state. The firm focuses on consumer and small business bankruptcy cases, filing cases under Chapter 7 and chapter 13. With convenient office locations, Leeders & Associates, Ltd. strives to provide you with top notch service at affordable prices. We even offer free consultations too.Come visit us...
In Illinois, a debtor who is filing for bankruptcy, whether it is chapter 7 or chapter 13 must provide documents to the trustee right after filing. These documents include pay advices and income statements, as well as tax returns.Most people have their tax returns handy, and can forward a copy. If not, the IRS can send you copies of the tax return transcripts (actually preferred by many of the trustees!). You can call the IRS at 1-800-908-9946 to obtain copies...
Here is a recent story I read about bankruptcy fraud. Unfortunately, this happened to former big league star, Lenny Dykstra. He is being accused of selling off his personal assets that were under control of his bankruptcy estate, monitored by the trustee. This includes selling off of some sports memorabilia, and even the kitchen sink!! It's a good read, but an unfortunate story. This leads me to the moral of the story, if you are starting a business, use a lawyer....
The answer usually is yes... but this court decision begs to differ.As quoted in the recent 7th Circuit decisionStamat v. Neary, No. 09-3448 (March 24, 2011) N.D. Ill., E. Div. AffirmedThe US trustee objected to discharge of the debtor under 11 USC 724(a)(4). The debtor had several glaring omissions and errors in the schedules and statement of financial affairs. Apparently, the debtor misstated income on debtor's tax return, although defunct at the time of filing, the debtor failed to...
Hi All.
As I've discussed several times before, many clients come to me seeking help regarding their debts, after having tried every way to salvage their credit.
Among efforts they have tried:
- Debt Negotiation with creditors
- Debt Consolidation companies
- Debt Settlement Companies
- Rolling the dice and hiding from creditor letters, phone calls and lawsuits
Nearly every client who come to me, stating that they have tried any or all of the above, have told me they just don't work, and...