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What’s the difference between Chapter 7 and Chapter 13 bankruptcy?

July 17, 2006UncategorizedTerrance Leeders

What is the difference between a Chapter 7 and a Chapter 13 Bankruptcy?

I get calls all day with this exact question. Although they are both bankruptcies, clients who file have different goals and rationale for filing:

Chapter 7 is a complete...

Chicago Bankruptcy Blog

July 14, 2006UncategorizedTerrance Leeders

Chicago Bankruptcy

Leeders Law are friendly, experienced Chicago bankruptcy attorneys who provide professional legal services to the Chicago area. While focusing primarily on personal bankruptcy law...

Leeders Law

6 months 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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Leeders Law

6 months 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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Leeders Law

6 months 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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