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Best Bankruptcy Attorneys in Elgin, IL

Our Recommended Top 4

We did the research for you!

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

43Reviewed

27Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

63 Douglas Avenue, Elgin, IL 60120

Expertise.com Rating

Review Sources

Avvo
5.0 (14)
Google
4.5 (6)
Yelp
5.0 (1)

Why choose this provider?

The Law Office of Timothy Brown is a local firm dedicated to helping Elgin and the surrounding communities. The team of bankruptcy attorneys offers solutions to help clients obtain debt relief and a new financial start. The company's practice areas include chapters 7 and 13 bankruptcy options, debt collection, foreclosure defense, and bankruptcy litigation. Founding attorney Timothy Brown was recognized in 2016 as one of the "Top 100 Lawyers" by the National Trial Lawyers.

  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement

Attorney Information

Attorney NameBar StatusExperience
Timothy Brown - PrincipalActive20 yrs

1122 Brigham Way, Geneva, IL 60134

Expertise.com Rating

Why choose this provider?

The Law Offices of Jay L. Dahl Ltd. has been providing legal services to the Elgin community and nearby areas since 1979. The law firm focuses on helping individuals resolve their financial challenges through chapter 7 and chapter 13 bankruptcy filings. The company also assists clients in foreclosure litigations and in seeking solutions for IRS and other tax-related problems. Lawyers at the firm are experienced in real estate litigation as well. Dahl has been practicing law for over 43 years.

  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement

Attorney Information

Attorney NameBar StatusExperience
Jay Dahl - PrincipalActive45 yrs

1885 North Farnsworth Avenue, Aurora, IL 60505

Expertise.com Rating

Review Sources

Avvo
4.9 (1570)
Google
4.9 (150)
Facebook
5.0 (33)

Why choose this provider?

Geraci Law LLC has been catering to the legal needs of Elgin residents and nearby areas since 1977. Founder and consumer bankruptcy attorney Peter Francis Geraci assists individuals, families, and small business owners eliminate all or a large portion of their unsecured debt through chapter 7 bankruptcy liquidation. Geraci also guides debtors in debt consolidation through chapter 13 bankruptcy filing. Geraci also represents injured individuals in pursuing medical claims and settlements. Legal services rating provider Avvo bestowed a Superb 10.0 rating to Geraci, naming him a Top Attorney for Bankruptcy.

  • Debt Settlement

Attorney Information

Attorney NameBar StatusExperience
Peter Geraci - PrincipalActive50 yrs

600 Spring Hill Ring Road, West Dundee, IL 60118

Expertise.com Rating

Review Sources

Yelp
5.0 (1)

Why choose this provider?

Costello Law is a bankruptcy law firm in Elgin that has been providing legal services since the early 1960s. Lawyers at the firm handle chapter 7 and chapter 13 bankruptcy filings for individual debtors. They also provide legal representation for businesses in chapter 7 and chapter 11 cases. Additionally, the law firm represents both individual and business debtors in complex bankruptcy lawsuits. Founding lawyer Stephen J. Costello is a former chairman of the Kane County Bar Association's Bankruptcy and Debtor/Creditor committees.

  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Attorney Information

Attorney NameBar StatusExperience
Stephen Costello - PrincipalActive3 yrs

Compare our Top Bankruptcy Attorneys

NameExpertise RatingAddressPromotionsLearn more
Law Office of Timothy Brown
63 Douglas Avenue, Elgin, IL 60120
The Law Offices of Jay L Dahl Ltd.
1122 Brigham Way, Geneva, IL 60134
Geraci Law L.L.C
1885 North Farnsworth Avenue, Aurora, IL 60505
Costello Law
600 Spring Hill Ring Road, West Dundee, IL 60118

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 Elgin, Illinois?

    You can file your Elgin bankruptcy petition at the Illinois Northern Bankruptcy Court, which is located at Everett McKinley Dirksen United States Courthouse, 219 South Dearborn Street, Chicago, IL 60604.

  • Where can I get bankruptcy forms in Elgin, Illinois?

    You may refer to this link (https://www.ilnb.uscourts.gov/forms) of the official website of the bankruptcy court in the Northern District of Illinois. In this website, you can obtain the bankruptcy forms you need to proceed with your petition in Elgin.

  • What is the purpose of an automatic stay in a bankruptcy case filed in Elgin?

    One of the main benefits of bankruptcy cases in Elgin is an automatic stay, which prevents creditors from contacting you. Once you file for bankruptcy, it takes effect immediately. As a result, lawsuits against you will be stopped, and it will also halt foreclosure proceedings.

  • What are examples of current property exemptions in Elgin?

    In an Elgin bankruptcy case, your property can be protected in bankruptcy using a system of exemptions. These exemptions include veteran's benefits, unemployment compensation, ERISA-eligible retirement accounts, and up to $1,200 worth of motor vehicle equity. A personal injury litigation judgment of up to $7,500 owed to you is another exception, as are your personal belongings like clothing and family photographs.

  • What factors make Chapter 13 bankruptcy a viable option to consider in Elgin?

    Chapter 13 bankruptcy in Elgin may be an option if you want to keep assets you might otherwise lose if you filed for Chapter 7 bankruptcy. This plan also helps you stop foreclosure and catch up on missed payments over five years. Additionally, Chapter 13 enables you to change the interest rate and repayment period or eliminate your second mortgage.

  • What steps can you take to enhance the chances of a successful Chapter 13 bankruptcy in Elgin?

    You can ensure the success of a Chapter 13 bankruptcy in Elgin by preparing to begin plan payments to the trustee 30 days after filing. In addition, you must make your mortgage payments on time even if the mortgage company does not provide a payment book or coupon. Moreover, retain copies of every payment you make, as they can be used as evidence in case of disputes in the future.

  • What advantages does an emergency bankruptcy in Elgin offer you to address your financial circumstances?

    In Elgin, an emergency bankruptcy can stop various forms of financial distress, including asset repossession, wage garnishment, home foreclosure, and creditor harassment. You should seek the advice of a local bankruptcy attorney if you find yourself in such a situation. They have the knowledge to guide you through the bankruptcy filing procedure and ensure that you get the best result for your financial stability.

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