Chicago, Illinois Bankruptcy Lawyers
Chicago, IL Bankruptcy Lawyer with 45 years experience
- (888) 456-1953
- Free Consultation
Attorneys and Counselors in Chicago for 20+ years. We want to be your Lawyers.
- (630) 378-2200
- Free Consultation
Free Consultation! Aggressive & Dedicated Illinois Bankruptcy Law Attorney!
- (630) 407-1200
- Free Consultation
I am a member of the American Bankruptcy Institute, the Chicago Bar Association and the Illinois Bar Association. I have filed thousands of bankruptcy cases in Illinois and have eliminated millions of dollars in debt from credit cards, medical bills, repossessions,...
John Marshall School of Law, Chicago Illinois
LLM (Law of Masters Candidate) Real Estate Law
Argosy University, Chicago Illinois
Doctorate of Business Administration, International Business
Robert Morris University, Chicago, Illinois
Master in Business Administration, Concentration Management
Southern Illinois University, Carbondale, Illinois
Bachelor of Arts, Administration of Justice, Minor: Sociology
Northern District of Illinois
Central District Court of Illinois
Southern District Court of Illinois
United States Tax Court
I am an attorney who is passionate about my profession and clients. I believe in providing top-notch, innovative, cutting-edge strategies and advice. My clients feel as if they are my only client. ...
Chicago, IL 60602
The John Marshall Law School
Exceptional Bankruptcy Law Attorney! Helping Chicago Families Get a Fresh Start!
Peter Francis Geraci J.D. has been licensed to practice law for over 40 years. Mr. Geraci is a member of multiple state bars and has remainied active is trial practice and consumer legal matters. A pioneer in the legal sector, Attorney Geraci combines modern software with modern legal techniques to offer excellent service to his clients.
Peter Francis Geraci is the founding member of Geraci Law...
A seasoned and successful courtroom advocate and boardroom advisor, Kurt is able to draw on his decades of experience in negotiations and court battles to his client’s advantage by helping to shape strategies and creatively think through potential resolutions in order to achieve the best results possible.
Bankruptcy Lawyers in Nearby Cities
Bankruptcy Lawyers in Nearby Counties
Chicago Bankruptcy Legal Aid & Pro Bono Services
Legal Assistance Foundation of Metropolitan Chicago
Chicago Volunteer Legal Services Foundation
Bankruptcy law allows debtors, who are unable or partially unable to pay outstanding debts, to rid themselves of these debts and obtain a fresh start. Both federal and state laws can affect a debtor seeking to file for bankruptcy, and an attorney can help you understand how state and federal bankruptcy laws apply to you.
If you are struggling with high debt, receiving calls from creditors or collection agencies, or facing foreclosure, garnishment of wages, or repossession of property, filing for bankruptcy may provide you with solutions.
Bankruptcy lawyers offer legal advice and services during a financial crisis. In total, there are six different types of bankruptcy. For persons seeking debt relief, one option is Chapter 7 bankruptcy, which provides for liquidation of the debtor's non-exempt assets. Another popular option for individuals is Chapter 13, which allows for management and reduction of debt through payment plans. Corporations and partnerships filing for bankruptcy often choose to file under Chapter 11, which provides for supervised reorganization of the business.
Experienced bankruptcy counsel can help you evaluate whether you should pursue a bankruptcy as well as the Chapter under which to file. Bankruptcy lawyers can also help end harassing phone calls from debt collectors and evaluate available legal options when facing a home foreclosure.
Automatic stay: An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed.
Unsecured claim: A debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay, rather than on a special assurance of payment.
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