Shelbyville, Illinois Bankruptcy Lawyers
Romeoville, IL 60446
University of Michigan - Ann Arbor, DePaul University and University of Michigan - Ann Arbor
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,...
Some attorneys will sugar coat the truth. Although compassion is a priority...
Jon guided the growth of this family law firm from a one-attorney law practice in Schaumburg, Illinois to an eleven-attorney law firm with Cook County offices in Schaumburg, Chicago, Northbrook, and Orland Park, Illinois and a DuPage County office in Wheaton, Illinois.
For over 25 years, Jon has achieved optimum results for his clients in divorce and other family law litigation involving issues that include family-owned businesses, pre-marital (pre-nuptial) agreements, post-marital (post-nuptial) agreements, marital property and non-marital property distribution, maintenance (alimony), custody, visitation and the removal of...
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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