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Continuing bankruptcy education this Fall at the American Bankruptcy Institute Chicago Consumer Conference

July 18, 2014ARDC, bankruptcy conference, bankruptcy judge, trusteeLeave a commentTerrance Leeders

This fall, local bankruptcy attorney Terry Leeders will be attending this years American Bankruptcy Institute's 7th Annual Chicago Consumer Bankruptcy Conference.Sessions will include discussion on the proposed National Chapter 13 plan, the best...

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N is for a no asset report in bankruptcy

September 21, 2012bankruptcy discharge, chapter 7, exemptions, No asset report, trusteeTerrance Leeders

This is the holy grail in bankruptcy, what every chapter seven debtor wants.

A no asset report by the standing bankruptcy trustee means there are no assets to administer in the bankruptcy case for the benefit of creditors. It's either because...

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Tax refunds in Illinois bankruptcy cases

December 30, 2010Bankruptcy, tax refund, trusteeLeave a commentTerrance Leeders

As 2010 winds to a close, we hope you are enjoying your holiday season and we wish you the best for the New Year. Tax refund time will be approaching soon, so this post includes a few tips to help your bankruptcy case go smoothly in the new...

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Bankruptcy Audit’s suspended

February 7, 2008audits, chapter 13, chapter 7, trustee, united states trusteeLeave a commentTerrance Leeders

This is a bit of interesting news about the random audits performed by the Department of Justice. Previously 1 in 200 cases was audited for accuracy. These audits consisted of independent review of paystubs, tax...

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More Bankruptcy Q&A

February 7, 2008avoid Bankruptcy, chapter 13, chapter 7, tax refund, trusteeLeave a commentTerrance Leeders

Here is another rapid fire list of Q & A from bankruptcy questions I have received recently.If you have a specific question, feel free to contact me and I'll be happy to review your situation with you. ThanksSubject: What does reach...

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Bankruptcy Questions and answers

February 5, 2008Bankruptcy, bankruptcy court, chapter 13, chapter 7, trusteeLeave a commentTerrance Leeders

Here is an updated bankruptcy question and answer session. As you can see there are many bankruptcy issues that can sway a case one way or another. Hold tight, here we go.Chapter 7 and Lump sum SSDI payment...

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Tax refunds and bankruptcy

December 20, 2007chapter 7, tax refund, trusteeLeave a commentTerrance Leeders

I have received several emails from clients filing for Chapter 7 that are concerned about their tax refunds, and whether the chapter 7 bankruptcy trustee will want to take it or not.While the tax refund is an asset, you should schedule the...

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Are food prices breaking the bank? Here's some shopping tips to help you plan and save $$ ... See MoreSee Less

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Is your debt soaring due to inflation? Chapter 7 bankruptcy can help eliminate your debt. LeedersLaw.com 312-346-7400 ... See MoreSee Less

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Felt great to help a client who was in jeopardy of losing her home to a tax sale with an expiring redemption period. We stopped the county from issuing a tax deed a mere 3 1/2 hours before her home would no longer be hers. If you are having trouble with property taxes and need help catching up, call me to review options. ... See MoreSee Less

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