Expertise.com

2024

Last updated:

Best Bankruptcy Attorneys in Waterloo

Our Recommended Top 3

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Waterloo Bankruptcy Attorneys on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

26Reviewed

16Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
620 Lafayette Street, Waterloo, IA 50703
  • Chapter 7 Bankruptcy

Why choose this provider?

The law office Beecher, Field, Walker, Morris, Hoffman & Johnson, P.C. services clients in Waterloo and the nearby areas. William L. Beecher and E.H. McCoy established it in 1918. These lawyers started a legacy in trusted legal counsel and were succeeded by W. Louis Beecher, Beecher's nephew, in 1947. His career spanned 64 years. The firm's attorney, Kevin Ahrenholz, represents clients in bankruptcy law, loan workouts, home foreclosures, bank representations, and lender liability since 1999.

Attorney Information

Attorney NamesExperience
Kevin Ahrenholz - Partner30 yrs

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (31)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
415 A Avenue, Vinton, IA 52349
  • Chapter 7 Bankruptcy
  • Debt Settlement

Why choose this provider?

Led by R.J. Longmuir and James T. Peters, Peters & Longmuir, PLC is a law firm that provides bankruptcy law assistance in Waterloo. The firm helps businesses, families, and individuals determine the right solution for their specific financial situations. Its attorneys offer consultations where clients can talk about their problems and future plans. Peters has over 30 years of experience in bankruptcy and other areas, such as criminal law, estate planning, family law, and real estate.

Attorney Information

Attorney NamesExperience
James Peters - Partner41 yrs

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
205 Brasher Street, Nashua, IA 50658
  • Debt Settlement

Why choose this provider?

Cronin, Skilton & Skilton, P.L.L.C., is a bankruptcy law firm in Waterloo that was established in 1934. The firm's team of attorneys helps clients file for bankruptcy and deal with the IRS. They also provide civil litigation services for victims of car accidents, bike collisions, job injuries, or death caused by negligence. Other areas of law they practice include family law, real estate, employment law, and wills, estates, and probate.

Attorney Information

Attorney NamesExperience
David Skilton - Senior Partner41 yrs

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Disclaimer:  Consumers utilizing Expertise.com are free to communicate and contract with any lawyer they choose. Expertise.com is not involved in the confidential attorney-client relationship. Featured lawyers pay a reasonable advertising cost to market their legal services with Expertise.com and must meet similar selection criteria as other lawyers. All cases are different. Prior results do not guarantee a similar outcome.

FAQs

  • Where do I file for bankruptcy in Waterloo, Iowa?

    You can file for bankruptcy in Waterloo at the United States Bankruptcy Court for the Northern District of Iowa. The court has two electronic filing systems, the ePOC and ECF, which require documents to be in PDF format. The court has jurisdiction over Waterloo and other cities in the northern district of the state.

  • Where can I get bankruptcy forms in Waterloo, Iowa?

    You can obtain bankruptcy forms from the website of the United States Bankruptcy Court for the Northern District of Iowa at https://www.ianb.uscourts.gov/codes-rules-forms. Most of the forms are the same for filers across the country because bankruptcy is a federal process.

  • How much does it cost to file for bankruptcy in Waterloo?

    Typically, the overall expenses and fees associated with initiating the bankruptcy petition in Waterloo amount to $1,695. In the case of business bankruptcy filings, charges are invoiced based on an hourly rate, and the upfront retainer might range from $2,500 to $3,500. As for Chapter 13 cases, attorney fees and legal costs can go up to $3,995.

  • Do Waterloo debtors' tax debts get cleared through bankruptcy?

    Depending on the specific circumstances, bankruptcy has the potential to eliminate Waterloo residents’ tax debts. It is important to note that tax debts can be discharged under Chapter 7 bankruptcy but not under Chapter 13. This discharge typically applies to federal income taxes that are associated with recently filed tax returns, have been honestly incurred without any fraud or evasion, and are at least three years old.

  • How can debtors in Waterloo and the state of Iowa retain ownership of secured assets?

    By maintaining regular monthly payments to the creditor, Waterloo debtors have the opportunity to retain their secured assets. However, it is essential to note that despite filing for bankruptcy, creditors still hold the legal right to repossess or initiate foreclosure proceedings on homes and other properties owned by the debtor.

  • Have any recent federal guidelines been established regarding the forgiveness of Waterloo debtors’ student loans in bankruptcy cases?

    Yes. A Waterloo debtor’s student loans can be discharged if he lacks the ability to repay the loan. Student loans can also be discharged if the debtor’s inability to pay the loan is likely to persist in the future and if he has demonstrated good faith in previous attempts to repay the loan. Section 523(a)(8) of the Bankruptcy Code states that certain student loans cannot be discharged in bankruptcy unless the court determines that repayment would impose an undue hardship on the debtor and their dependents.

  • How bad is it for Waterloo debtors to file for bankruptcy twice?

    When Waterloo debtors file for bankruptcy multiple times, it has adverse effects on their credit report. Having a bankruptcy record makes it more challenging for debtors to secure loans, acquire a home, or purchase a vehicle. Moreover, specific time restrictions following bankruptcy cases determine when it is permissible to file again. For instance, individuals who have filed for Chapter 7 bankruptcy must wait at least eight years before filing for Chapter 7 again or four years before filing for Chapter 13.

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