Chicago Bankruptcy Lawyer

Chicago Bankruptcy Lawyer

LEEDERS LAW

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Bankruptcy Blog

You will not get your car back by filing chapter 13 bankruptcy if the City seized your vehicle for unpaid tickets

March 21, 2017Automatic Stay, chapter 13, city of chicagoTerrance Leeders

Bad news for debtors. A recent ruling by Judge...

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Golfsmith Files for Chapter 11 protection due to golf’s popularity on the downslide

September 15, 2016Chapter 11, golfsmith, Tiger WoodsTerrance Leeders

Was it because the masses don't want to emulate the fallen star Tiger Woods?  He was often injured and his star tarnished with his off the course...

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

September 14, 2016522, Chapter 11 bankruptcy, Jack Johnson, NHLTerrance 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...

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Burr Ridge Bankruptcy lawyer new office location – free consultation for chapter 7 and chapter 13 bankruptcy

September 7, 2016Bankruptcy, Burr Ridge office location, chapter 13, chapter 7, free bankruptcy consultationsTerrance Leeders

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...

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Orland Park Bankruptcy lawyer – new office, free consultations

September 7, 2016bankruptcy lawyer, chapter 13, chapter 7, free consutlation, Orland park, Orland Park office locationTerrance Leeders

I am now scheduling appointments for people looking to file bankruptcy at our newest location in Orland Park, serving the South and Southwestern suburbs and South part of Chicago.

Orland Park15255 S 94th Avenue, 5th FloorOrland Park, IL...

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New Hyde Park bankrutpcy office for free bankruptcy consultations with a Chicago bankruptcy lawyer

September 7, 2016bankruptcy lawyer, free bankruptcy consultations, Hyde Park, office locations1 CommentTerrance Leeders

I am now scheduling appointments for chapter 7 and chapter 13 bankruptcy filers at our newest Chicago location.

Hyde Park, Chicago5113 S Harper, Suite 2C, Chicago, IL 60615

Located on Chicago's South Side, Hyde Park is...

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Get your car back if it was repossessed, or booted or towed for tickets

August 31, 2016chapter 13, ticketsTerrance Leeders

Did you know?

In Chicago, I can get a car back by filing a chapter 13 bankruptcy case.  If it was taken by your lender or if the city took it for too many unpaid parking tickets, I can help.

Chapter 13 is a repayment plan....

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Gov. Rauner: Bankruptcy for CPS Might Be ‘Best Option’

June 21, 2016UncategorizedTerrance Leeders

Is Bankruptcy right for the Chicago Public Schools?   Governor Rauner thinks it could, despite what the experts and history say.

Gov. Rauner: Bankruptcy for CPS Might Be ‘Best Option’: Gov. Bruce Rauner renews talk of possible...

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It’s OK to run up debt on credit cards………

May 27, 2016UncategorizedTerrance Leeders

Goes against common thought, but...

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February 4, 2016amnesty program, Bankruptcy, CPL, libraryTerrance Leeders

Do you have overdue books to go along with that overdue credit card bill? Well avoid the penalties this...

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Leeders Law

3 weeks ago

Leeders Law
Can Bankruptcy Actually HELP Your Credit Score?It sounds backwards, but yes, it can happen.If your credit is already being damaged by missed payments, collections, charged-off accounts, and overwhelming debt, your credit score may already be suffering significantly.Bankruptcy doesn't magically create good credit. But once eligible debts are discharged, you may have an opportunity to stop the cycle of negative activity and start rebuilding.Think about it:❌ Constant late payments❌ Maxed-out credit cards❌ Collection accounts❌ Growing balances and interestcan make it extremely difficult to move forward.After bankruptcy, the focus can shift from managing yesterday's debt to building tomorrow's credit.With responsible credit use, keeping new accounts current, and giving your credit history time to recover, your score can improve.The surprising part? For some people, their credit score may actually begin recovering relatively soon after bankruptcy—because the financial situation that was dragging their score down has changed.But bankruptcy isn't right for everyone.If you're drowning in debt and wondering:“Would bankruptcy hurt my credit—or could it actually help me get back on track?”That's a question worth having a conversation about.Leeders Law can help you understand your options, what bankruptcy could mean for your credit, and what rebuilding afterward may look like.📞 Don't guess about your financial future. Start with a conversation.#leederslaw #Bankruptcy #CreditScore #debtrelief #creditrepair #illinoislawyer #FinancialFreshStart ...

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Leeders Law

4 weeks ago

Leeders Law
Huge decision just handed down by Judge Slade. Bankruptcy Caption: In re Rose ThomasBankruptcy No: 25-01000www.ilnb.uscourts.gov/sites/ilnb/files/opinions/OpinionThomasSanctioningCityofHarveyforDischargeV...City of Harvey shut of a chapter 7 bankruptcy debtor's water, despite a bankruptcy filing, and plenty of notice. They continued to bill her despite numerous notifications of the bankruptcy discharge. They willfully ignored the advice of counsel. Debtor was without water for 273 days. They even didn't turn it back on when the Court issued a Rule to Show cause. Awarded compensatory damages for out of pocket expenses and emotional stress $41,450, punitive damages of $41,450 plus attorneys fees and costs. If you are struggling to pay utilities, bankruptcy can be a solution. Reach out to me for a free consultation about your rights. ...

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Leeders Law

4 weeks ago

Leeders Law

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