Top Chicago, IL Bankruptcy Lawyers Near You
10075 W. Lincoln Hwy, Floor 1, Frankfort, IL 60423
Other Nearby Offices
Those seeking legal help with Bankruptcy can reach out to Frankfort Law Group, a local practice representing people in Chicago, Illinois.
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77 West Washington Street, Suite 1204, Chicago, IL 60602
Otubusin & Otubusin can help you find legal solutions for your Bankruptcy issue. The practice serves the Chicago, Illinois area.
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2400 Big Timber Road, Suite 108, Elgin, IL 60123
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Cohen, Donahue & Morales, a reputable Bankruptcy firm in Illinois, serves the Chicago area.
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300 S. County Farm Road, Suite G, Wheaton, IL 60187
Get experienced Bankruptcy help from Springer Larsen, LLC, a reputable law firm in Chicago, Illinois.
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534 W. Roosevelt Road, Wheaton, IL 60187
For legal issues concerning Bankruptcy, let Beck & Houlihan, P.C., a local practice in Chicago, Illinois, help you find a solution.
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150 S. Wacker Drive, Suite 2400, Chicago, IL 60606
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JMH Legal Group has experience helping clients with their Bankruptcy needs in Chicago, Illinois.
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53 W Jackson Blvd, Suite 1522, Chicago, IL 60604
4 East Terra Cotta Avenue, Crystal Lake, IL 60014
311 South Wacker Drive, Suite 4300, Chicago, IL 60606
33 N Dearborn St, Suite 1140, Chicago, IL 60602
70 West Madison Street, Suite 5200, Chicago, IL 60602
2155 W. Roscoe St., Chicago, IL 60618
150 S. Wacker Drive, Suite 2400, Chicago, IL 60606
55 West Monroe Street, Suite 1200, Chicago, IL 60603
211 W. Wacker Dr, 5th Floor, Chicago, IL 60606
3478 S Archer Ave, Chicago, IL 60608
111 East Wacker Drive, Suite 2600, Chicago, IL 60601
320 S Canal St, Suite 3025, Chicago, IL 60606
321 N Clark St, Suite 500, Chicago, IL 60654
200 South Michigan Avenue, Suite 1100, Chicago, IL 60604
110 N Wacker Drive, Suite 3800, Chicago, IL 60606
903 Commerce Drive, Suite 210, Oak Brook, IL 60523
53 W. Jackson Blvd, Suite 628, Chicago, IL 60604
227 W Monroe St, Suite 3950, Chicago, IL 60606
600 S. County Line Rd., Suite 2N, Bensenville, IL 60106
Chicago Bankruptcy Information
Lead Counsel independently verifies Bankruptcy attorneys in Chicago and checks their standing with Illinois bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy Law?
The bankruptcy process allows people to either eliminate debts or create a plan to repay them over time. It offers you a fresh start if you are struggling financially while ensuring your creditors are treated fairly. Bankruptcy law governs the bankruptcy process. There are different types of bankruptcy, like Chapter 7 and Chapter 13, each with its own rules and processes. Bankruptcy lawyers guide you through these complex procedures to protect your rights and get the best possible outcome.
What Are Some Examples of Situations Where I Might Need a Bankruptcy Lawyer?
You might need a bankruptcy lawyer if:
- You’re feeling overwhelmed by debt and unable to keep up with payments
- Creditors are constantly harassing you
- You are facing foreclosure on your home or repossession of your car
- Your wages are being garnished, or you have received a notice of a lawsuit from a creditor
- Your small business is struggling financially, and you need to restructure or liquidate
How Can a Lawyer Help Me With Bankruptcy?
An experienced bankruptcy lawyer can give you the knowledge and backing you need to navigate the legal system and find the best possible results for you. Because laws regarding bankruptcy exemptions and the property you can keep vary from state to state, speaking with a lawyer near you with knowledge of Illinois’s laws is critical in understanding your situation and making the best decisions. A bankruptcy lawyer can help with:
- Legal advice and counsel
- Negotiating with creditors
- Filing legal motions and taking care of administrative duties
- Improving your chances of keeping your assets and getting everything settled favorably
What Could Happen if I Don’t Hire a Bankruptcy Lawyer?
Not hiring a bankruptcy lawyer can lead to costly errors and prolonged financial stress. If you don’t hire a bankruptcy lawyer, you might make mistakes in the bankruptcy process. These mistakes could lead to your case being dismissed. Without a lawyer’s guidance, you could miss out on important protections, such as stopping creditor harassment or preventing foreclosure. You might also choose the wrong type of bankruptcy, resulting in more financial trouble. Handling bankruptcy alone increases the risk of losing assets you could have kept and wanted to keep. Additionally, you may struggle to negotiate with creditors without a lawyer. This makes it harder to achieve a manageable debt repayment plan or discharge.
What Questions Should I Ask When Trying To Find a Bankruptcy Lawyer in Chicago?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your case well. Many lawyers offer free consultations that allow you to understand your options and get specific legal advice before hiring them. Top questions include:
- What is your experience in handling bankruptcy cases? Have you managed cases like mine? What was the outcome of these cases?
- Do you have experience resolving issues like this in Illinois?
- What is your approach to handling bankruptcy cases?
- What is your record in negotiating favorable debt repayment plans?
- How do you communicate with clients about the progress of their cases?
- How much input will I have about the case strategy?
- What are your fees and billing structure?
Tips for Hiring a Lawyer
Finding a lawyer who is right for you and will represent your best interests is an important first step in protecting your rights. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts
Court Locations in Chicago, IL
Circuit Court of Cook County - County Division
50 West Washington St.Chicago, IL. 60602
Phone: (312) 603-6194
Court Website
Circuit Court of Cook County - Criminal Division
2600 South California Ave.Chicago, IL. 60608
Phone: (773) 674-3160
Court Website
Circuit Court of Cook County - First Municipal District
50 West Washington St.Chicago, IL. 60602
Phone: (312) 603-6132
Court Website