reaffirmation agreement Archives - Chicago Bankruptcy Lawyer

reaffirm a debt in bankruptcy

Should I reaffirm a debt in bankruptcy? Warning!

March 22, 2023bankruptcy, bankruptcy lawyer, car loan, chapter 7, discharge, judge, mortgage, reaffirmation, rescissionAfter bankruptcy, Bankruptcy, bankruptcy attorney, bankruptcy discharge, bankruptcy judge, bankruptcy lawyer, car loan, chapter 7, Chapter 7 bankruptcy, chicago bankruptcy, reaffirmation agreement, repossession, rescission of reaffirmation, security interestTerrance Leeders

Tring to decide if you should reaffirm a debt in bankruptcy? Local Bankruptcy Lawyer weighs in with some pro’s and cons.

cosigner and vehicle payments in bankruptcy

January 28, 2009cosigner liability, reaffirmation agreementTerrance Leeders

There is often some confusion with cosigned vehicles and a bankruptcy filing.One questioner asked me : "my ex if filing for bankruptcy and he is the co signer on my car and he wants to add that in to the bankruptcy. will they repo my car or...

reaffirmations & rescissions in Chapter 7 bankruptcy

December 12, 2008reaffirmation agreement, rescission of reaffirmationTerrance Leeders

Question: During my BK, I reaffirmed an auto loan. However, I was told by my lawyer that I could change my mind and surrender the vehicle as long as it was done before the discharge took place. My question is, I filed the paperwork to...

Bankruptcy Exemptions for retirement accounts in IL, reaffirming car lease and home

May 22, 2008bankruptcy exemptions, car lease, reaffirmation agreementTerrance Leeders

Subject:	assets in bk
Question:	are both 401K's and IRA's exempt from...

Reaffirming a mortgage

April 15, 2008reaffirmation agreementTerrance Leeders

A popular question I get is regarding being on the hook for a mortgage after bankruptcy.

Here is a recent question I received:

Question: I filed Chapter 7 Bankruptcy last year and managed to hold on to my home. I checked a box...

Must I list all of my debts in bankruptcy?

March 27, 2007amendment, bankruptcy fraud, bapcpa, chapter 7, reaffirmation agreementTerrance Leeders

Recently, I received an email asking about filing a chapter 7 bankruptcy The writer asks:

"Do I choose which debts I want to include in my bankruptcy or does the trustee do this? I have a bank loan for my truck which I pay on time and...

3 days ago

🍔💸 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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6 days ago

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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2 weeks ago

📉 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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