Attorney Terry Leeders has extensive bankruptcy experience, having practiced bankruptcy law for over 20 years. He has filed cases for thousands of consumers and small businesses. Terry stays up to date with current case law and practice trends through continuing legal education programs. He has discharged millions of dollars of debt in both simple and complex cases for his clients.
Terry knows the ins and outs of the bankruptcy court in Chicago and the surrounding suburbs. Terry has attended thousands of §341 bankruptcy creditor meetings. He has appeared before all of the judges in the Northern district of Illinois, and has successfully argued motions before each of the judges. Terry uses the bankruptcy code and case law to get the best relief for his clients possible by law. He routinely stays up to date on the current case law and latest developments through continuing legal education courses, attending bar association meetings and seminars, and through networking with creditor and debtor attorneys. This bankruptcy experience allows Terry to save his clients thousands of dollars by discharging unsecured debts, negotiating fair terms on secured debts, and negotiating settlements for debts that would be otherwise not dischargeable in bankruptcy. Terry’s bankruptcy experience has allowed his clients to save a ton of money on interest on car payments and furniture and jewelry purchases as well. He has even removed certain second mortgages in chapter 13 by allowing his clients to pay them off at pennies on the dollar.
Terry has developed close business relationships with many of the creditor attorneys in Chicago, which helps him get the best deals for his clients. Terry’s knowledge of the bankruptcy code, paired with his experience has allowed him to negotiate down the amounts down on debts that would otherwise not have been discharged in his clients’ bankruptcy cases, saving his clients, hundreds, if not thousands of dollars in debt.