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LEEDERS LAW

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Bankruptcy

Tax refunds in Illinois bankruptcy cases

December 30, 2010Bankruptcy, tax refund, trustee1 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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Recent Bankruptcy Statistics…Bankruptcy is alive and well in the US

March 4, 2008Bankruptcy, bankruptcy filings, chapter 13, chapter 7, economyTerrance Leeders

Spurred by the down cycle in the mortgage business, a downturn in the economy (Recession? what recession? ) or else just credit providers providing more credit than should be given, we have seen a recent rise in bankruptcy filings both in...

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Reopening a chapter 7 case

February 8, 2008Bankruptcy, chapter 7, judge, reopen caseTerrance Leeders

I receive several inquiries about reopening a chapter 7 case once the case is closed.

This is possible to do, however it is subject to court approval.1. The debt must have been incurred before the date your case was originally filed....

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Bankruptcy Questions and answers

February 5, 2008Bankruptcy, bankruptcy court, chapter 13, chapter 7, trusteeTerrance 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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Blockbuster fees

December 20, 2007Bankruptcy, blockbuster, comparison shop, fees, price increaseTerrance Leeders

I received an interesting email from Blockbuster yesterday. They are increasing fees from $17.99 to $19.99. This comes on the heals of the plan modification they put thru just several months ago....eliminating the free in-store game rental...

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Substantial Abuse, Bankruptcy Planning & Chapter 7 bankruptcy

March 20, 2007Bankruptcy, bapcpa, case law, chapter 7, substantial abuseTerrance Leeders

What does one have to do, or in this case from Wisconsin, NOT DO, to create substantial abuse ?

RECENT CASES: Feb. 6. 2007

Chapter 7 Debtor who fails to aggressively seek out work before the case is subject to dismissal based on...

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Surrender Vehicle in Chapter 13 – Creditor allowed an unsecured deficiency balance

March 19, 2007Bankruptcy, chapter 13, chapter 13 plan, Judge Schmetterer, Judge Squires, surrendered vehicleTerrance Leeders

Northern District of Illinois - Eastern Division Chicago Bankruptcy Judge Squires recently ruled in the chapter 13 case of Linda J. Blanco, 06B 13223, where debtor tried to surrender a vehicle in full satisfaction of the claim owed. Judge...

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Giveaway of the Day

March 8, 2007Bankruptcy, freebie, giveawaysTerrance Leeders

Although this is a bankruptcy forum, my clients and visitors can all use a 'freebie' now and then. We'll, I have been using this site for a while now...and they offer some cool things! Check it out!
Terry

Giveaway of the Day

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Chapter 13

February 17, 2007adjustable rate mortgage, ARM, Bankruptcy, chapter 13, chapter 7, consolidation, credit cards, foreclosure, interest rate, medical bills, mortgage, mortgage default1 CommentTerrance Leeders
Chapter 13 Stop mortgage foreclosure
Keywords: chapter 13, bankruptcy, foreclosure, consolidation, chapter 7, mortgage, mortgage default, credit cards, medical bills, interest rate, ARM,...
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Foreclosure and bankruptcy

February 2, 2007Bankruptcy, chapter 13, foreclosureTerrance Leeders

My clients often call and ask me how long does a foreclosure take?How much time do I have in my house?Or how much time do I have to file Chapter 13 to stop the foreclosure?

Excellent questions. The generic answer is anywhere from 6-9...

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Leeders Law

5 months ago

Leeders Law
🍔💸 Is Fast Food Eating Up Your Budget? 💸🍟Grabbing a quick bite at your favorite fast food spot might seem harmless — but those small purchases can add up fast. $10 here, $15 there… and before you know it, you’ve spent hundreds each month without realizing it.Over time, overspending on convenience can contribute to credit card debt, missed bills, and even bankruptcy.At Leeders Law, we’ve seen how daily financial habits — even the little ones — can have big consequences. If you're struggling with debt and unsure where to turn, you’re not alone. We’re here to help you get back on track and regain control of your financial future. ⚖️💼📞 Contact us today for a free consultation. Let’s talk about options like Chapter 7 or chapter 13 bankruptcy and how we can help you build a path to financial stability.#leederslaw #bankruptcyhelp #ChicagoLawyer #FinancialWellness #debtrelief #chapter13 #Chapter7 #moneytips ... See MoreSee Less

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Leeders Law

5 months ago

Leeders Law
Student loan payments are back, and for many, it feels like there’s no way out. If you're juggling credit cards, rent, medical bills and student debt—it's overwhelming.At Leeders Law, we help people just like you explore real options for debt relief through bankruptcy.Here’s what you need to know:✅ While most student loans can’t be wiped out in bankruptcy, other debts can—like credit cards, personal loans, and medical bills.✅ By clearing those debts through Chapter 7 or Chapter 13 bankruptcy, you may finally have the breathing room to manage student loans and rebuild.✅ We're not here to judge—we’re here to help.Whether you're fresh out of school or still trying to catch up, it’s time to take control of your future.📞 Free Consultation – No pressure, just honest answers💻 LeedersLaw.com📬 Send us a message anytimeLeeders Law – Guiding you from overwhelmed to empowered.#StudentDebtRelief #BankruptcyHelp #LeedersLaw #Chapter7 #Chapter13 #FreshStart #DebtFreeJourney #StudentLoans #YoungAndInDebt ... See MoreSee Less

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Leeders Law

5 months ago

Leeders Law
📉 Feeling overwhelmed by debt? You're not alone. Every year, thousands of people file for bankruptcy to regain financial control. Here are the Top 5 Reasons People File for Bankruptcy:💊 Medical Bills – Unexpected health issues can lead to crushing debt—even with insurance.💳 Credit Card Debt – High interest rates and minimum payments can quickly spiral out of control.💼 Job Loss or Reduced Income – A layoff or pay cut can make it impossible to keep up with bills.💔 Divorce or Separation – Legal fees, splitting assets, and new expenses add up fast.🏡 Foreclosure or Repossession – Bankruptcy can help stop these processes and protect your assets.At Leeders Law, we’ve helped thousands of people across Chicagoland find relief through Chapter 7 and Chapter 13 bankruptcy. You don’t have to face this alone.📞 Call now for a FREE consultation 312-346-7400💻 LeedersLaw.com🏠 Proudly serving Chicago, IL & surrounding areas✨ It’s not about failure—it’s about a fresh start. Let us help you take that first step.#bankruptcyhelp #chicagobankruptcylawyer #leederslaw #Chapter7Bankruptcy #Chapter13Bankruptcy #debtrelief #financialfreedom #illinoisbankruptcyattorney ... See MoreSee Less

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