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Is an overpayment of Food Stamps an actual Domestic Support Obligation?

November 30, 2017domestic support obligation, DSO, food stamps, Judge Thornechapter 7, discharge, Judge ThorneTerrance Leeders

An overpayment of food stamps is not a domestic support obligation (DSO).  Bankruptcy Judge Deborah L. Thorne from the Northern District of Illinois chimed in on this issue with her recent decision in Tyeane Halbert v. James T. Dimas, as...

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Z is for Zero! Our last installment in our Bankruptcy alphabet series

January 16, 2014chapter 13, chapter 7, dischargeTerrance Leeders

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 debts do...
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Y is for You Did It! You got a bankruptcy discharge!

January 13, 2014car loan, chapter 13, chapter 7, credit card, discharge, mortgageTerrance Leeders

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 Chicago

So, I figure I'll...

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D is for Discharge

June 26, 2012discharge2 CommentsTerrance Leeders

D.  Choosing which topic for D was daunting. LOL, get it, D(aunting)?  I Digress.  I could have went with Debtor, Disposable Income, Domestic Support Obligations, Debtor Education Certificates among others.  But, what do...

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When can I file Bankruptcy again?

June 3, 2008discharge, previous chapter 7Terrance Leeders

Bankruptcy Law Question:

Subject: Filed as individual 3 years ago

Question:Hi. About 3 years ago I filed chapter 7 as an individual because I wasn't married. Now i'm married and unfortunately got myself into some more debt. Can I...

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Selling home after bankruptcy

April 15, 2008dischargeTerrance Leeders

Subject: selling home Question: How long after I have been discharged can I sell my home Answer: Once you receive your discharge, you can sell at any time.If...

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Rapid Fire Q&A

July 24, 2007amendment, avoid Bankruptcy, chapter 13, chapter 7, discharge, Divorce and Real Estate, FAQ, foreclosure, garnishment, Q and A, student loansTerrance Leeders

Here are a sampling of questions I have been getting regarding bankruptcy an bankruptcy process. If you would like further bankruptcy information, please contact my law office.

Judgment...

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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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