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August 16, 2013bankruptcy attorney, chapter 7 and chapter 13, chicago suburbs, IL, WarrenvilleLeave a commentTerrance Leeders

Leeders & Associates has bankruptcy law offices that serve Chicago and the surrounding suburbs.

Our office at 27475 Ferry Rd Warrenville, IL 60555 serves our South and Southwestern suburban clients. This is located in the Americenters Office Suites just steps away from I-88 at the Winfield Rd....

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July 20, 2012bankruptcy attorney, chapter 13, chapter 7, LeedersTerrance Leeders

Ah, a bit of self promoting here!. My name is Terry Leeders, a consumer bankruptcy attorney who practices law in Chicago and the surrounding suburbs.

I've been in practice since 1998, and have focused on bankruptcy law from the start. I grew up in and around Chicago, and live here with my wife and newborn son. I went to Thomas M. Cooley Law School and the University of Illinois Champaign-Urbana for undergraduate...

Leeders Law

3 months ago

Thinking about bankruptcy in Illinois? If you and your spouse own your home as tenants by the entirety, it could offer significant protection. This type of ownership generally shields your home from creditors if only one spouse files for bankruptcy. However, there are exceptions and complexities. Don't leave your home's fate to chance! Consult with a qualified bankruptcy attorney to understand your#bankruptcyb#realestater#tenancybytheentiretyh#Illinois #HomeProtectionP#bankruptcyb#Exemptionse#leederslawleederslaw ... See MoreSee Less

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Leeders Law

3 months ago

Can you discharge income tax debt in bankruptcy? The answer isn't always simple. Some income taxes may be dischargeable, while others are not. Factors like the age of the tax debt and whether returns were filed play a role. Want to learn more about how bankruptcy could impact your tax obligations? Contact a bankruptcy attorney for a consultat#bankruptcyu#taxest#incometaxm#DebtReliefel#askalawyera#bankruptcydischargeh#leederslawrslaw ... See MoreSee Less

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Leeders Law

3 months ago

Stop using credit cards if you are trying to get out of debt. Compounding interest is a powerful force that can work in your favor or against you. When it comes to credit card debt, compounding interest can be a major problem.Here's how it works:The Basics: When you make a purchase with a credit card, you're essentially borrowing money from the credit card company. The interest rate on your credit card is the cost of borrowing that money.Compounding: If you don't pay off your entire balance each month, the interest on your debt will start to compound. This means that you'll be charged interest on not only your original balance, but also on the interest that you've already accrued.The Spiral: The longer you carry a balance on your credit card, the more interest you'll pay. This can quickly lead to a situation where you're paying more in interest than you are in actual purchases.Here are some of the dangers of compounding interest on credit card debt:It can make it difficult to pay off your debt. The more interest you pay, the less money you have available to pay down your principal balance. This can make it seem like you're never going to get out of debt.It can damage your credit score. A high credit card balance can negatively impact your credit score, making it more difficult to get approved for loans in the future.It can lead to financial stress. Dealing with credit card debt can be a major source of stress and anxiety.If you're struggling with credit card debt, there are a few things you can do:Make a budget. This will help you track your spending and identify areas where you can cut back.Create a debt repayment plan. This could involve consolidating your debt into a lower-interest loan or using the debt snowball method.Talk to a financial advisor. A financial advisor can help you develop a plan to get out of debt and improve your financial situation.File a bankruptcy to get a fres#bankruptcya#creditcarddebto#interest-#chapter7a#leederslawreditcarddebt #interest #chapter7 #leederslaw ... See MoreSee Less

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W is for Warrenville Illinois bankruptcy attorney office

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