Chicago Bankruptcy Lawyer

Chicago Bankruptcy Lawyer

LEEDERS LAW

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We Are Moving!

December 11, 2012UncategorizedTerrance Leeders

We are moving!!<span style="background-color: white; color: #333333; font-family:...

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M is for Marriage in bankruptcy

September 4, 2012UncategorizedTerrance Leeders

If you are married, you are not required to file a joint bankruptcy.   In many cases you should though.

a.  If you live in a community property state it is usually wise to file a joint case.  Debts incurred by either spouse during a marriage...

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K is for Keep

July 13, 2012UncategorizedTerrance Leeders

You can keep a lot of personal belongings when you file bankruptcy, provided that you have an exemption available to protect them.  In Chicago, Illinois, an individual debtor can keep up to $4000 of cash and personal belongings.  Good news!...

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Update to B is for Baseball and F is for Fraud…

June 27, 2012UncategorizedTerrance Leeders

As a followup to B is for Baseball Bankruptcy and F is for Fraud, Lenny Dykstra, a former baseball star has entered a plea agreement with the...

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Want to run for judge?

January 5, 2012UncategorizedTerrance Leeders

<h1 style="background-color: white; color: #730e14; font-family: georgia, 'Times New Roman', serif; font-size: 24px; font: normal normal normal 100%/1.2 georgia, 'Times New Roman', serif; margin-bottom: 0.7em; margin-left: 0px;...

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Discharging educational debt in bankruptcy – Chicago Bankruptcy Lawyer

December 8, 2011UncategorizedTerrance Leeders

http://www.bankruptcylawnetwork.com/student-loan-debt-will-not-be-repaid/

Here is a link regarding student loan debts.   Congress has made it increasingly more difficult to discharge educational debts in bankruptcy, having changed...

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Chicago Cubs, Now the Dallas Stars file bankruptcy

November 21, 2011UncategorizedTerrance Leeders

Economy hit you hard?   Cities are filing for bankruptcy protection, big league sports teams file bankruptcy too.The Dallas Stars have filed for chapter 11 bankruptcy protection in September, 2011. - in US Bankruptcy Court in Delaware,...

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Leeders & Associates -Chicago, IL Facebook page

November 10, 2011UncategorizedTerrance Leeders

I invite you to visit our Facebook page for Leeders and Associates.Please follow the firm for useful tips, and insight into bankruptcy cases in Chicago.Thanks for stopping by.   Here is a link to the facebook page....

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Largest Municipal Bankruptcy Filing

November 10, 2011UncategorizedTerrance Leeders

In the case is In re Jefferson County,<span style="background-color: white; font-family: Verdana, Arial, Helvetica,...

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Bankruptcy Filings are down

November 2, 2011UncategorizedTerrance Leeders

OCTOBER CONSUMER BANKRUPTCY FILINGS ARE DOWN NEARLY 20 PERCENT OVER LAST YEAR

Consumer bankruptcy filings totaled 106,255 nationwide last month, down almost 20 percent over...

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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

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Leeders Law

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