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Best Bankruptcy Attorneys in Aurora

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Bernicky Law Firm logo
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Bernicky Law Firm

1700 Park Street, Naperville, IL 60563
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement

Business Description

The Bernicky Law Firm serves Aurora and the surrounding areas. This firm has bankruptcy lawyers who are committed to providing quality legal representation to clients facing financial crises, such as debt, garnishments, lawsuits, foreclosures, and liens. They help these clients attain debt relief by filing for bankruptcy under chapters 7, 11, and 13 of the Bankruptcy Code. They strive to explore viable options and attain results that address clients' needs and goals.

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.
4.9
Google
4.9 / 5 (26)
Facebook
5.0 / 5 (8)
Yelp
5.0 / 5 (2)

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
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Derrick B. Hager, P.C. logo
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Derrick B. Hager, P.C.

245 West Roosevelt Road, West Chicago, IL 60185
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Derrick B. Hager, P.C., is a federal debt relief agency and bankruptcy law firm in Aurora. Its bankruptcy lawyer, Derrick B. Hager, provides legal representation in chapter 7 and chapter 13 consumer bankruptcy. He assists clients involved in various bankruptcy matters including foreclosures, lawsuits, garnishments, creditor harassments, and repossessions. Moreover, he provides consultation services to educate clients on the qualifications and benefits of filing for bankruptcy. Hager's practice areas also include real estate law.

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.
5.0
Google
5.0 / 5 (23)
Yelp
5.0 / 5 (3)
DLAW, PC  ATTORNEY AT LAW logo
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DLAW, PC ATTORNEY AT LAW

28 North 1st Street, Geneva, IL 60134
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

DLAW, PC, is an estate planning and bankruptcy law firm in Geneva that was founded by Deanna L. Aguinaga-Walker. Aguinaga-Walker has over 21 years of experience handling cases in different areas of bankruptcy law. She provides full-service representation in personal bankruptcy cases and estate planning, and handles real estate transactions. Her practice areas are also concentrated on chapter 7 and chapter 13 bankruptcy, debt relief, probate, trusts, and estate administration.

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.
4.7
Facebook
5.0 / 5 (2)

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
Drendel & Jansons Law Group logo
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Drendel & Jansons Law Group

111 Flinn Street, Batavia, IL 60510
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  • Debt Settlement

Business Description

The Drendel & Jansons Law Group offers a host of legal services to clients in the Batavia and Aurora areas. Its bankruptcy lawyer can help clients obtain debt relief through the different types of bankruptcy depending on their situation. It also provides debt relief defense against credit card collection and mortgage foreclosure defense. Additionally, the Drendel & Jansons Law Group works on other areas of practice, including estate planning and administration, divorce, and business and corporate law.

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.
4.8
Facebook
5.0 / 5 (20)
Yelp
3.5 / 5 (5)

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
Jackson Abdalla Law Group logo
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Jackson Abdalla Law Group

3061 Bridgeham Street, Elgin, IL 60124
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

The Jackson Abdalla Law Group is a bankruptcy law firm serving the Aurora area. It provides legal representation to individuals who are facing financial troubles and seek relief by filing for bankruptcy. The firm's bankruptcy attorneys work closely with clients to determine a solution that best suits their needs as well as their current situation. They have experience handling the filing of chapters 7 and 13 bankruptcy and strive to attain favorable results for clients regardless of the kind of bankruptcy petition.

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.
5.0
Facebook
5.0 / 5 (1)

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
L&G Law Group LLP logo
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L&G Law Group LLP

300 East 5th Avenue, Naperville, IL 60563
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  • Debt Settlement

Business Description

Founded in 1994, the L&G Law Group LLP serves individuals and businesses in Aurora and the surrounding areas. The firm has a team of 50 lawyers who practice in different areas of the law. Its bankruptcy attorneys are committed to achieving results that work in favor of their clients. They have experience working with a diverse clientele, including secured and unsecured creditors, lessors, landlords, and debt servicing organizations. The firm handles chapter 7 and chapter 11 bankruptcies.

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 (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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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Frequently Asked Questions

What does a bankruptcy attorney do?

Bankruptcy attorneys help clients understand whether they qualify for bankruptcy and what their best options are. They also prepare and file petitions, answer questions during the proceedings, and educate clients about potential best steps for a positive bankruptcy outcome. Bankruptcy attorneys might also file motions or paperwork if creditors dispute the bankruptcy, or to stop creditors from taking collections actions forbidden by the bankruptcy.

What happens when you file bankruptcy?

Bankruptcy is a formal process that individuals, married couples, or businesses can enact when they are no longer able to pay creditors. In a bankruptcy proceeding, filers are allowed to reduce debt to more manageable levels to best pay off money owed.

Once the bankruptcy process is initiated, debt collectors can no longer seek repayments outside of the arrangements detailed in the bankruptcy settlement. Some forms of bankruptcy result in the liquidation of assets to pay back debts, while others allow filers to retain most of their possessions and investments. Many types of unsecured debt can be managed with bankruptcy filings, but not all.

Can you file bankruptcy on student loans?

Under most circumstances, student loans aren't dischargeable and aren't included in bankruptcy proceedings. In rare cases, it may be possible to eliminate student loans through bankruptcy, but only if the courts determine that continuing to pay the loans would impose an undue hardship. Meeting the criteria for undue hardship is challenging, and most bankruptcy filers don't qualify.

What is bankruptcy fraud?

Bankruptcy fraud is a blanket term that refers to any kind of dishonest bankruptcy proceeding, which can include:

  • Hiding assets by transferring them to another person or entity
  • Intentionally omitting assets when reporting to the court
  • Destroying or withholding required documents
  • Knowingly making false statements to bankruptcy trustees or creditors

How long is bankruptcy on public record?

How long bankruptcy stays on public record depends on the kind of bankruptcy filing in question. Chapter 7 bankruptcy remains on the record for 10 years as there isn't necessarily a repayment component. Chapter 13 bankruptcy remains on the record for seven years as some obligations are repaid following filing based on the terms of a discharge settlement.

Does bankruptcy clear tax debt?

Bankruptcy can clear tax debt, depending on the circumstances. Taxes are dischargeable under Chapter 7 bankruptcy, not Chapter 13, and only if the tax debt is:

  • Federal income tax debt related to current properly filed tax returns
  • Honestly incurred with no fraud or evasion
  • At least three years old
  • Assessed at least 240 days before bankruptcy filings

Existing liens are not eliminated with bankruptcy.


Can they take my car in Chapter 7 bankruptcy?

In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.

How bad is it to file bankruptcy twice?

Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.

Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.

Can anyone file bankruptcy?

Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.

How will bankruptcy affect my credit score?

Bankruptcies are noted on credit reports. How much a bankruptcy might drop a person's credit score depends on how high the score was to begin with, but generally speaking, the hit can be as much as 100 to 200 points. Often scores are already dropping because people filing for bankruptcy may have already missed payments on debts. Chapter 13 bankruptcies are listed on credit reports for seven years from the filing date, while Chapter 7 bankruptcies are listed for 10 years from the filing date. This is because Chapter 13 bankruptcies require at least partial payment of debts owed.

What are the benefits of filing for bankruptcy?

Filing a bankruptcy petition causes an automatic stay. This legally stops creditors from taking further action to collect debt, including garnishing wages or foreclosing on property. Going through a bankruptcy successfully means that debts included in the bankruptcy are discharged and don't have to be paid back, except as provided in a Chapter 13 repayment plan. Bankruptcy can help someone recover from financial duress so they can make better decisions and improve financial situations in the future. Disadvantages can include temporary lower credit scores and limitations on spending and financing.

What's the difference between debt settlement and bankruptcy?

Debt settlement occurs when people negotiate with individual creditors. The creditor agrees to take a payment that's lower than what someone owes and call the debt “paid in full.” Bankruptcy is a legal process that causes debts to be dismissed after someone proves they don't currently have the means to pay their debts as owed. Typically, someone can't enter into bankruptcy and also settle some debts, because the court would see that as favoring one creditor over another.

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