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Bankruptcy Blog

Bankruptcy Filing Fee increase.

October 23, 2011UncategorizedTerrance Leeders

Effective November 1, 2011 the Bankruptcy Court Clerk has increased bankruptcy filing fees.  Chapter 7 filing fees are increasing to $306 and Chapter 13 filing fees will now be $281. For a free bankruptcy consultation in the Chicago area, feel...

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Better Business Bureau A+ Rating

August 27, 2011Better Business BureauTerrance Leeders

Great News everyone.

As you know, I always recommend consumers check out the better business bureau when investigating new companies, whether it be an chapter 7 or chapter 13 bankruptcy attorney, debt consolidation company, or...
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Strategic default on your mortgage. is a chapter 13 better?

May 24, 2011chapter 13 strip mortgage, strategic defaultTerrance Leeders

I've recently read the following article on Zillow.com's blog.http://www.zillow.com/blog/2011-04-27/the-consequences-of-walking-away/?scid=emm-052311_MayBuzzRoundup-walkaway

It does offer some useful advice, but I think a chapter 13...

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New advertising sources

May 18, 2011advertisingTerrance Leeders

Chapter 7 & Chapter 13 Bankruptcy - Free Consults

Trying this as a new advertising source to bump up exposure for our bankruptcy law firm

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Racial discrepancy in bankruptcy filers?

May 10, 2011UncategorizedTerrance Leeders

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Chicago Bankruptcy Lawyers near you

May 2, 2011office locationsTerrance Leeders

Leeders & Associates, Ltd. has several office locations to serve your needs throughout Chicago, the surrounding suburbs, and can handle cases throughout the state.   The firm focuses on consumer and...

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Chicago Bankruptcy Lawyers near you

May 2, 2011UncategorizedTerrance Leeders

Leeders & Associates, Ltd. has several office locations to serve your needs throughout Chicago, the surrounding suburbs, and can handle cases throughout the state.   The firm focuses on consumer and small business bankruptcy cases, filing...

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Documents needed for Illinois Bankruptcy filing

April 20, 2011bankruptcy filing requirements, pay advices, tax return1 CommentTerrance Leeders

In Illinois, a debtor who is filing for bankruptcy, whether it is chapter 7 or chapter 13 must provide documents to the trustee right after filing.   These documents include pay advices and income statements, as well as tax...

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Bankruptcy fraud and baseball -Lenny Dykstra

April 20, 2011bankruptcy fraudTerrance Leeders

Here is a recent story I read about bankruptcy fraud. Unfortunately, this happened to former big league star, Lenny Dykstra.  He is being accused of selling off his personal assets that were under control of his bankruptcy estate,...

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Bankruptcy – can you just amend to make the problems go away?

March 25, 2011amendments to bankruptcy petitionTerrance Leeders

The answer usually is yes... but this court decision begs to differ.As quoted in the recent 7th Circuit decision

Stamat v. Neary, No. 09-3448 (March 24, 2011) N.D. Ill., E. Div. Affirmed

The US trustee objected to discharge of...

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Leeders Law

2 weeks ago

Leeders Law
Foreclosures Rising in Chicago – Stop It Before It StartsBody:Foreclosure filings in Cook County and the Chicago area continue to climb in 2026.If you’re behind on your mortgage, facing lender pressure, or worried about losing your home in Chicago or anywhere in the suburbs — you have options.Chapter 13 bankruptcy can stop foreclosure immediately, let you catch up on missed payments over time, and keep you in your home. Chapter 7 may also help depending on your equity and situation.With the new higher Illinois exemptions in 2026, more homeowners than ever can protect their property while getting debt relief.At Leeders Law, we offer personalized, one-on-one service from our convenient office locations or phone/virtual appointments.Attorney Terry Leeders has over 28 years stopping foreclosures and helping Chicago families save their homes.Get a FREE consultation this week — in person, phone, or video. No pressure, just clear answers.Call today: (312) 346-7400Website: leederslaw.comYou don’t have to face this alone — help is local and available now.#stopforeclosure #chicagoforeclosure #Chapter13 #leederslaw #DebtHelpLearn more, Call now! ... See MoreSee Less

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Leeders Law

1 month ago

Leeders Law
Chicago's Economy & the Rise in Consumer Bankruptcy — What's Going On?If you've been feeling financial pressure lately, you're not alone. Across the Chicago metro area — and the country as a whole — more families are struggling to keep up.A few things worth knowing:📊 Consumer bankruptcy filings rose 11% nationally in 2025, and the trend is continuing into 2026. Chicago is not immune.💳 U.S. credit card debt has hit a record $1.21 trillion — a sign that many households are borrowing just to cover everyday expenses.🏛️ Chicago's pension obligations remain a long-term pressure on city finances, which can affect services, taxes, and the broader economic climate residents depend on.The causes are real — high interest rates, lingering inflation, and stagnant wages for many workers. For some, bankruptcy isn't the end of the road. It's a legal tool designed to give people a genuine fresh start.If you or someone you know is feeling overwhelmed by debt, talking to a financial counselor or bankruptcy attorney is a smart first step — not a last resort.💬 Have you noticed the financial squeeze in your neighborhood? Share your thoughts below.#chicago #personalfinance #consumerbankruptcy #chicagoeconomy #debtrelief #FinancialWellness #illinois #leederslaw #bankruptcy ... See MoreSee Less

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Leeders Law

1 month ago

Leeders Law
💡 Gas prices up. Grocery bills up. Utility bills up. Your paycheck? The same.If you're robbing Peter to pay Paul every month — using credit cards just to cover the basics — you're not alone. Millions of Americans are feeling the same squeeze right now.But here's what most people don't know: bankruptcy isn't failure. It's a federal legal tool designed for exactly this situation. It can:✅ Wipe out credit card debt✅ Stop collection calls immediately✅ Give you a real fresh startAt LeedersLaw, we offer FREE consultations with no pressure and no judgment. We'll tell you honestly whether bankruptcy makes sense for you — and if it does, we'll walk you through every step.You've been carrying this long enough. Le#BankruptcyHelp👇#CookCountya#debtrelief-#leederslawB#FreshStartlp #CookCounty #DebtRelief #LeedersLaw #FreshStart ... See MoreSee Less

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