I am now scheduling appointments for people looking to file chapter 7 or chapter 13 bankruptcy at our newest location in Burr Ridge, IL , serving the Western and Southwestern suburbs and South part of Chicago.Burr Ridge1333 Burr Ridge Parkway, Suite 200Burr Ridge, IL 60527 We are located in the Chicago suburbs with easy access from I-55, I-355, and I-294 about 20 miles from Downtown Chicago<span style="background-color: white; color: #484848; font-family: "effra w01 regular" ,...
Do you have overdue books to go along with that overdue credit card bill? Well avoid the penalties this next two weeks in Chicago!<span style="background-color: white; font-size: 14px; line-height:...
Still cannot discharge Student loans easily in bankruptcy. Supreme Court declined to hear appeal.
No progress for student loans in bankruptcy. It's up to Congress to change the laws.http://www.wsj.com/articles/supreme-court-denies-appeal-on-student-loan-erasure-1452527286?platform=hootsuite
How to Know When Bankruptcy Is Right for You
How to Know When Bankruptcy Is Right for You
Before you decide to file for personal bankruptcy you should be aware that it is not necessarily the best choice for everyone. For many people, bankruptcy should be the last-case scenario only after they have weighed all of their options and determined that they can’t remedy their financial woes.
Ultimately, the decision to file for bankruptcy should be made between you and an experienced...
Study: 1/3 of Americans don’t have anything saved for retirement
Can you believe it? 1 in 3 Americans have no savings?1 in 5 nearing retirement age have no savings either.This does not bode well, especially when they turn to the government for support.But bankruptcy can help get people back on track.There are required courses that can help educate debtors after bankruptcy, stressing the importance of saving. Contact me know and I can help you too!www.LeedersLaw.com312-346-7400Free bankruptcy advice.Let me lead you to financial freedom.Here is the...
10 year anniversary of Leeders & Associates Bankruptcy law firm
Today is the 10th anniversary of Leeders & Associates!In 2004 I started this firm to offer my clients more bang for their buck. I wanted to make sure they received the best service possible, to help them on their way. Clients are more than just an account number. They are people, like you and I. They come to me at a low point, struggling to get by. I wanted to give them a helping hand, and lead them to financial freedom. Bankruptcy was just the tool...
U is for Unsecured Debt in bankruptcy
Unsecured debt is the debt most debtors in bankruptcy are looking to discharge. This includes credit cards, medical bills, utility bills. It also covers repossessions, broken leases and foreclosure deficiencies.Tax debt and child support are also labeled as unsecured debts, but these take on different dischargability issues. Most unsecured debts are dischargeable in bankruptcy. The notable exceptions are domestic support obligations (DSO's) namely child support and...
S is for Setoff of bank accounts and bankruptcy
I see this issue frequently.
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G is for Garnishment
Many people file bankruptcy because a creditor has a garnishment.A garnishment is a court order to deduct a portion of a debtor's wages to pay a creditor who sued the debtor and obtained a judgment. Garnishments are stopped though the instant a bankruptcy case is filed, regardless if it is Chapter 7 or Chapter 13. In my Chicago bankruptcy law office, we send a fax notice to the creditor's attorney as to the payroll department or HR supervisor.Contrast this with a wage assignment....
Debt Consolidation Companies
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...