Do You Need a Bankruptcy Attorney in Tinley Park IL?

The Chicago suburb of Tinley Park has some of the area’s best schools and recreational facilities and is a flourishing community. From the award-winning Tony Bettenhausen Recreation Center to the Water Canyon Water Park, this lovely neighborhood is offers residents many amenities. Unfortunately, some individuals and business-owners in this thriving community are quietly struggling with overwhelming debt and credit issues. If you are among them, you may not know where to turn.

Fortunately, you can find help close to home. The Law Offices of Thomas W. Lynch & Associates has locations in nearby Berwyn and Hickory Hills. Our staff is comprised of bankruptcy lawyers who have years of experience helping area residents manage their debt problems. We want to help you attain relief from the stress of collection calls and upaid bills.

You can get more information by completing our online request form or calling our offices at (708) 598-5999. A member of our staff will be happy to schedule you a free, confidential consultation with one of our bankruptcy attorneys. Do not delay. The sooner you tackle your debt problems, the sooner you can be on the road to financial recovery.

Is Filing for Bankruptcy the Right Decision for You?

When faced with constant creditor harassment, lawsuits, foreclosures, tax enforcement, or other debt-related issues, declaring yourself bankrupt can be a viable and relatively painless way to safeguard yourself, your family, your property and/or your business.

Here at the Law Office of Thomas W. Lynch & Associates, we understand that bankruptcy is a difficult thing to consider and know that it should be used only as a last-resort. Our bankruptcy lawyers can review your unique situation and can advise you about an appropriate course of action.

If your debt is spiraling out of control and only becoming worse with each passing month, this drastic step may be your only option. It can enable you to eliminate your debt problems and start over with a clean slate.

For anybody to need to consider becoming bankrupt to help ease their debt problems the thought must appear just like a nightmare – but oftentimes it’s frequently the only real option, and it is sometimes your best option for this can result in people with serious debt to begin again with a clean slate.

Whatever your debt problems may be, attorneys at The Law Offices of Thomas W. Lynch & Associates are here to help. Allow a bankruptcy attorney in our firm to review your financial situation and provide legal advice. There is no fee for an initial consultation. Schedule a meeting now by calling us at (708) 598-5999 or by completing our convenient online form.

What Are the Different Types of Bankruptcy?

There are different types of bankruptcy filings available. Individuals may choose to file for Chapter 7 or Chapter 13 bankruptcy while companies have the option of going into Chapter 7 or Chapter 11 business bankruptcy.

The attorneys at the Law Offices of Thomas W. Lynch & Associates can offer you advice about which is right for you and will then assist you with the filing and, when necessary, with debt reduction negotiations.

  • Chapter 7 Individual Bankruptcy – Not everyone qualifies for Chapter 7 bankruptcy. This is designed for individuals who have little in the way of assets and are deeply and irrecoverably in debt. If approved for Chapter 7, you may be able to completely eliminate most types of unsecured debt. This includes credit cards, medical bills, judgments, garnishments, and some types of taxes. Debts such as student loans and child support payments cannot be eliminated and must still be paid.
  • Chapter 13 Individual Bankruptcy – With Chapter 13 bankruptcy, you will be able to retain all your assets. Your bankruptcy lawyer will work with your creditors to negotiate significant debt reductions and will work out a manageable plan for paying off your creditors. Rather than pay your creditors each month, you will send a single, affordable monthly payment to a guarantor who will then make individual payments to your creditors. This will be done until your debts are paid to your creditors’ satisfaction.
  • Chapter 7 Business Bankruptcy – This bankruptcy is the right choice for business owners who see no future in their companies. If you are approved for Chapter 7 business bankruptcy, your company will be required to liquidate all assets and the proceeds will go toward paying off as much debt as possible. Any remaining debt will be written off and your company will then be forced to close its doors for good.
  • Chapter 11 Business Bankruptcy – This bankruptcy option will enable your business to remain open. Your tax attorney will negotiate significant debt reductions with your creditors and your business will be required to pay manageable monthly installments to a guarantor who will distribute the funds to your creditors until your debts are satisfied. This will enable you to save thousands of dollars will still being able keep your business running smoothly.

Why Tinley Park Residents Should Contact Our Firm

The lawyers at Thomas W. Lynch & Associates are fully-insured and have years of experience dealing with bankruptcy issues in the southwestern Chicago suburbs. The professionals on our staff with treat your case with compassion and professionalism and will work hard to get you the debt relief you need and deserve.

In addition to our regular office hours, we offer convenient evening and weekend hours so that you can meet with our attorneys at times that work best for you. We also provide our services at reasonable rates and will help you set up a payment schedule that is manageable and affordable. Our services will save you far more money than you will spend for your legal representation.

Our qualified and experienced bankruptcy attorneys are ready to discuss your case with you. Contact our offices now using our online request form or by calling us at (708) 598-5999. There is no obligation to retain our services after your initial, complimentary consultation.

Other Services Offered by Thomas W. Lynch & Associates

Our practice is not limited to debt relief services. You can also turn to us for:

  • Tax Debt Law
  • Tax Relief Claims
  • Real Estate Issues
  • Criminal & DUI Attorney Representation
  • Medical malpractice claims

Call our offices today to learn more about how the local attorneys at Thomas W. Lynch & Associates can help you. Join the thousands of Chicagoland residents we have helped since our inception. We provide service to residents in the 60477 ZIP code and surrounding areas. Call us now at (708) 598-5999 or use our online form to request a consultation.