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Bankruptcy Law/Expert Profile


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Expertise

Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"

Experience in the area

I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.

Organizations

Chicago Bar Association Illinois Bar Association

Publications

author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners

Education/Credentials

University of Illinois Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website

What do you still hope to achieve/learn in this field?

I have developed a list of lenders who are willing to help bankruptcy clients re-establish credit once their bankruptcy cases are complete. Fresh Start Partners

Something interesting about this subject that others may not know:

Chicago Bankruptcy Blog Fresh Start Partners


This expert accepts donations:      

Average Ratings

Recent Reviews from Users

Read More Comments

    K = Knowledgeability    C = Clarity of Response    P = Politeness
UserDateKCPComments
jared01/23/12101010Thank you Terry, your help is greatly .....
scott01/20/12101010 
James Hanna12/06/11101010Thank you for a very clear answer .....
Wilfrerd12/06/111010 
Greg White10/05/11101010Thanks for you help

Recent Answers from Terry Leeders

2012-01-22 Ch. 7 Bankruptcy:

Send them a copy of the discharge and a copy of schedule F show them a copy of schedule F.  That should be the end of it.  If they contact you again, you can sue them for violating the discharge.  Send

2012-01-12 Bankruptcy ch 7:

Unfortunately, you will owe this.    Redemptions (buying out the balance of the note for fair market value) are good, if the case is a joint filing, or if the car was only owned by the debtor and not cosigned

2011-12-04 Right of ownership regarding Chapter 7:

CAR:   With a chapter 7 you have several options for financed vehicles.  1. Surrender the car, debt is eliminated with the discharge.  2. Keep car, continue making regular payments, sign a reaffirmation

2011-11-06 City BK:

Are you owed taxes?   Or do you owe taxes?    Debts owed to a city are still collectible, businesses file under the municipality bankruptcy code and these would be assets owed to the city, that obligation

2011-10-26 Ch 7 disclosures:

Yes. The means test requires disclosure of all household income.  You would list her income for the 6 months leading up to your case. You can deduct a portion for her marital adjustment (to cover personal

 

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