Zero. That is how much unsecured debt remains after a chapter 7 or chapter 13 bankruptcy discharge.
You should be back on track now, debt free. There are a few exceptions. Student loans or educational...
Y is for You Did It! You got a bankruptcy discharge!
Y was a tough letter to find to post about for bankruptcy.Not many bankruptcy terms begin with the letter Y, there isn't much caselaw that starts with the letter Y.No Judge has a name that starts with a Y in ChicagoSo, I figure I'll sell the...
V is for …. Valuation of assets in bankruptcy
With chapter 7 bankruptcy, putting a value on your assets is of utmost importance.Each state gives debtors limited exemptions to protect assets, so the proper value of your belongings is crucial. Now, in general, the trustee in your chapter 7...
Get your car back with a chapter 13 bankruptcy case!
I've posted a video about how I can get your car back with a chapter 13 bankruptcy case in the Chicago, Illinois area. Check it out. Terry
Deeds and Homeowner Association Fees – Bankruptcy Home Blog
Deeds and Homeowner Association Fees - Bankruptcy Home BlogInteresting fact pattern here. The spin I see is that the debtor files bankruptcy and 'surrenders' the home.Many mistakenly believe discharging the mortgage means the house is no longer...
T is for Terrance Leeders – head bankrutpcy attorney and owner of Leeders & Associates
Hi All. I was recently interviewed for an article by BankruptcyHome.com. I have enclosed a link to their article. If anyone as has any further questions, feel free to contact me at Leederslaw.com, or call me at...
S is for Setoff of bank accounts and bankruptcy
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R is for repossession
R is for RepossessionI would estimate that over half, if not 75% of my clients have had a repossession in the past, many with 2 or even 3 of them. Chapter 7 is a great tool to wipe those debts out and get a fresh start. But, if it...
Q is for Quick Bankruptcy Filing
Bankruptcy cases are filed electronically.Our office has the capability to file cases quickly for those emergency cases, like to stop an imminent foreclosure sale, or to get a car back that was recently repossessed. This is done utilizing Chapter...
L is for Leeders
Ah, a bit of self promoting here!. My name is Terry Leeders, a consumer bankruptcy attorney who practices law in Chicago and the surrounding suburbs.
I've been in practice since 1998, and...