522 Archives - Cook County Bankruptcy

Creditor Can’t Claim Piece of NHL Star’s Contract | Bloomberg BNA

September 14, 2016522, Chapter 11 bankruptcy, Jack Johnson, NHLLeave a commentTerrance Leeders

Chapter 11 Bankruptcy case. Debtor, Jack Johnson (NHL'er) had assigned some of his income payments to creditor. Court rules that it was not a valid assignment and struck down under 11 USC sec 552.Creditor Can't Claim Piece of NHL Star's...

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Happy St. Patrick's Day, Chicago! Are you feeling lucky today? If not, we can help! If you're struggling with overwhelming debt, let us assist you in getting a fresh start. Our experienced bankruptcy attorneys at LeedersLaw.com will guide you through the process and help you get back on your feet. Don't let financial stress bring you down. Contact us today and let us help you turn your l#StPatricksDay #bankruptcylawyeran#freshstarte#financialfreedomi#leederslawdom #LeedersLaw 312-346-7400 ... See MoreSee Less

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Hey everyone,If you're struggling with overwhelming debt, you might be considering filing for bankruptcy. It's a tough decision to make, but it can provide you with a fresh start financially. Here's a quick overview of the process:1. Get a credit counseling certificate: Before you file for bankruptcy, you'll need to complete credit counseling with an approved agency. You'll receive a certificate once you've completed the counseling.2. File bankruptcy paperwork: You'll need to file a bankruptcy petition, schedules of your assets and debts, and other required forms with the court.3. Attend a meeting of creditors: You'll be required to attend a meeting of creditors, where a bankruptcy trustee will ask you questions about your finances.4. Complete a debtor education course: After you file for bankruptcy, you'll need to complete a debtor education course.5. Receive a discharge: If your bankruptcy is successful, you'll receive a discharge, which releases you from personal liability for certain debts.Keep in mind that bankruptcy can have long-term consequences for your credit score and your ability to borrow money in the future. It's important to consider all of your options before filing. If you're considering bankruptcy, it's a good idea to speak with a qualified bankruptcy attorney who can help guide you through the process.I hope this information is helpful for anyone who might be considering filing for bankruptcy. If you have any questions or thoughts to share, feel free to leave a comment below. Contact us to help you with this process, free consultations by phone and zoom. ... See MoreSee Less

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Creditor Can’t Claim Piece of NHL Star’s Contract | Bloomberg BNA