Do You Need a Bankruptcy Attorney in Westchester, IL?
The lovely upscale community of Westchester serves as a western suburb of Chicago. It is home to nearly 5,000 families and offers the feel of a small town with the all the benefits that Chicago has to offer just a short drive away. What many do not realize as they drive up and down the tree-lined streets, however, is that many residents of Westchester have been hurt financially by the recent recession and some are struggling with overwhelming debt.
Sometimes the only way out of a financial downward spiral is to admit defeat and file for bankruptcy. If you are a Westchester resident laboring under an unmanageable debt burden, you can speak with a bankruptcy attorney at the Law Office of Thomas W. Lynch & Associates. A professional in our office can help you review your options and can offer you debt relief services and bankruptcy assistance if it is necessary.
Complete and submit our Online Request Form or call us at (708) 598-5999 NOW for a free confidential consultation. The bankruptcy lawyers of Thomas W. Lynch are fully insured and have years of experience providing service to the residents in the southwestern Chicago suburbs.
Why Turn to Thomas W. Lynch & Associates?
The professionals at Thomas W. Lynch & Associates understand that the decision to file for bankruptcy is a difficult one and one that is not made lightly. When you contact our offices, our bankruptcy attorneys can offer you a confidential, in-person consultation at no cost to you and with no obligation to employ our services.
Our fully-insured staff of lawyers is very familiar with Illinois bankruptcy laws. Whether you need to file a personal Chapter 7 bankruptcy claim or need help with a more complex Chapter 11 businesses bankruptcy, our capable attorneys can provide you with expert advice and assistance.
Our lawyers have already helped more than 3,000 clients obtain debt relief. Let us help you too. We know that you are busy, that is why we offer our clients convenient evening and weekend hours. We offer our services at reasonable rates so that you can alleviate your debt problems as quickly and painlessly as possible.
Our Attorneys Can Help with Personal Bankruptcy
Those who file for bankruptcy face years of future credit problems, but sometimes financial troubles necessitate taking this drastic step. For many people, the hardships that follow a bankruptcy claim are far less difficult than the struggle of trying to overcome an all-encompassing debt problem.
There are two types of personal bankruptcy you may file for. A bankruptcy attorney at Thomas W. Lynch & Associates can help you determine which option is the better choice for your personal situation.
- Chapter 7: This type of bankruptcy will alleviate you of all of your debt with the exception of some non-dischargeable debts such as student loans and child-support. When you file for Chapter 7, you may lose your non-exempt property such as a second home or vehicle.
- Chapter 13 bankruptcy: With this type of bankruptcy, debt reductions are negotiated with your creditors and then you make payments to a guarantor who handles repayments to these creditors. While this type of bankruptcy will affect your credit, it will not hurt you as much as a Chapter 7 bankruptcy might.
Our Attorneys Can Help with Commercial Bankruptcy
If you own a business in or around Westchester, you have likely invested a lot of your time, effort and money into setting it up and running it. Unfortunately, not all businesses succeed. If your small business is facing overwhelming expenses that it just cannot manage, filing for bankruptcy may be your only solution. Our bankruptcy attorneys can advise you about and help you file for Chapter 7 or Chapter 11 business bankruptcy.
- Chapter 7 business bankruptcy: If your business is approved for Chapter 7 bankruptcy, you will need to liquidate its assets to cover as much debt as possible. The remaining expenses will then be written off. This type of bankruptcy will require you to permanently shut down your business.
- Chapter 11 business bankruptcy: If you wish to keep your business active and running, you may prefer to file for Chapter 11 bankruptcy. This type will provide your company with financial relief while allowing it to remain in business. You will continue to pay your various creditors but your debts will be reduced and you be given manageable time tables for repayment.
Other Services Offered by Our Law Firm
The Law Office of Thomas W. Lynch & Associates are not limited to bankruptcy services. Our staff of attorneys and professionals can also assist you with:
- Tax debt law and tax relief claims
- Real estate law services
- Criminal and DUI attorney representation
If you are looking for an experienced bankruptcy lawyer near Westchester, IL, complete our online form or call us at (708) 598-5999 now to receive more information and schedule a free, in-person consultation. We provide assistance to those in the 60154 ZIP code and surrounding areas.
