Chicago Bankruptcy Lawyer

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LEEDERS LAW

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Certiorari denied regarding fraudulent transfer

Supreme Court denied bankruptcy trustee certiorari petition regarding fraudulent transfer.

October 11, 2017certiorari, fraudulent transfer, supreme courtUncategorizedTerrance Leeders

The Supreme Court did not grant certiorari from the 4th Circuit to resolve a spit of decisions, and thus declined to rule on whether a transfer into someone’s own bank account qualifies as a “transfer” on which a fraudulent transfer suit...

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Chapter 13 bankruptcy automatic stay

Bankruptcy petition preparer indicted for fraud

October 5, 2017bankruptcy fraud, Bankruptcy petition preparer, Southern District of IllinoisUncategorizedTerrance Leeders

Bankruptcy Petition Preparer indicted - Southern District of Illinois  - Bankruptcy Court

Don't overlook the importance of hiring a bankruptcy attorney to help you file bankruptcy.   The attorney knows how to file...

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pre-bankruptcy asset transfer

I found a judgment lien on my home, but I filed for bankruptcy. Help!

October 3, 2017Avoid judgment lienUncategorizedTerrance Leeders

I get calls periodically from people who had filed for bankruptcy and got their discharge.   They are trying to refinance or sell, and a title search pulls up an old judgment lien recorded against their home.   The clients are confused,...

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Gov. Rauner: Bankruptcy for CPS Might Be ‘Best Option’

June 21, 2016UncategorizedTerrance Leeders

Is Bankruptcy right for the Chicago Public Schools?   Governor Rauner thinks it could, despite what the experts and history say.

Gov. Rauner: Bankruptcy for CPS Might Be ‘Best Option’: Gov. Bruce Rauner renews talk of possible...

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It’s OK to run up debt on credit cards………

May 27, 2016UncategorizedTerrance Leeders

Goes against common thought, but...

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City of Chicago to offer ticket amnesty program for the first time in 8 years……

November 11, 2015UncategorizedTerrance Leeders
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Study: 35 percent in US facing debt collectors: Associated Press

July 29, 2014UncategorizedTerrance Leeders

Study: 35 percent in US facing debt collectors: Associated Press

I can help. Why be part of this group, when a quick chapter 7 or a chapter 13 bankruptcy repayment plan will help?

Call me today and don't be a...

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Who gets paid first, last in chapter 7 asset cases

July 17, 2014UncategorizedTerrance Leeders

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Can student loan discharge be on the radar? Yes if this medical bankruptcy bill passes as presented. Stay turned

July 11, 2014UncategorizedTerrance Leeders
Post by Leeders & Associates.

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Feds: Bankruptcy scam freed impounded vehicles

May 28, 2013UncategorizedTerrance Leeders

I saw the US Trustee's office discussing this matter on a case before Judge Cassling last week. The case was dismissed, namely because the debtor didn't file most of the required documents. It's a shame that these individuals were taking...

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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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Leeders Law

4 weeks ago

Leeders Law

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