Daniel J Winter Atty
Law Firm in Waukegan, IL
The Law Offices of Daniel J. Winter supplies complete service legal counsel for businesses and individuals. Services offered: debt relief for businesses and individuals. Bankruptcy knowledge in Chapters 7, 13, and 11. Knowledge in bankruptcy and litigation. We currently have offices in the Chicago Loop, Oak Lawn, Waukegan and Skokie to serve you. We can analyze your financial situation to determine the correct course of action. We can review all options with the owners or principals. We can assist you determine whether the company is viable or whether it should be shut down, and the proper procedures to follow. experienced in out-of court workouts, settlements, assignments for the benefit of creditors, and negotiations with creditors to avoid bankruptcy.
read moreTake a look at my video from a Continuing Legal Education Course I taught for the Illinois State Bar Association, as they described it: Part of the Quick Takes for Your Practice video series. With the economy struggling and many people out of work it is no surprise that the number of people seeking foreclosure and bankruptcy help in the Chicago area is increasing. Every bankruptcy lawyer at Bankruptcy Law Chicago understands that every family's situation is different and strives to provide the most caring and compassionate legal services for those considering filing for bankruptcy or who need foreclosure help in Oak Lawn, Skokie, Waukegan, Gurnee, the Chicago area, and Southeast Wisconsin.
read moreFor example, if you file in 2020, you must provide copies of your Federal (U.S.) income tax returns for 2016, 2017, 2018, and 2019. If you have not filed your returns, you need to file them, preferably before you file a bankruptcy case. If you do not file your returns, your Bankruptcy case will be dismissed (thrown out by the court). For example, if you file your case on January 15th, you need to provide copies of your pay stubs or printouts from your payroll department from July, through December of the previous year.
Chapter 13 Bankruptcy
read moreIf you have debts that are causing you immense stress, and you can not seem to pay them down no matter how hard you try, you may want to consider bankruptcy. There are different types of bankruptcy for consumers, businesses and business owners. While Chapter 7 bankruptcy aims to wipe out all your debts, Chapter 13 bankruptcy offers a debt consolidation approach. If you make too much to qualify for Chapter 7 or want to keep your possessions, Chapter 13 is likely a good option. It stretches out your payments and allows you to pay secured debts, which include anything that has collateral attached to it, such as mortgages and car payments.
Chapter 7 Bankruptcy
read moreChapter 7 bankruptcy can help with that. This type of bankruptcy discharges (eliminates!) all of your unsecured debts (credit card, medical). You will not have to pay them back. You get a clean slate. And, by consulting with an experienced attorney, you will find out what you can protect in your situation. That is because Chapter 7 Bankruptcy allows a court appointed trustee to review your assets, and see if you own more assets than what you can protect. In most cases, people keep their house and car, and other possessions.
read moreChapter 7 Bankruptcy allows you to eliminate "unsecured" debts such as credit card and medical bills, and utility bills, while allowing you to keep certain property. In most cases, people may keep their personal belongings, and their home, and car. Chapter 13 Bankruptcy is a court-ordered payment plan which allows you to keep property by catching up in any payments that you are behind, and by paying the rest of your bills in a percentage, over 3 to 5 years, depending on what your family can afford.
Stop Home Foreclosure
read moreThe Law Offices of Daniel J. Winter ARE the premier Homeowner's Rights Attorneys in Northern Illinois and Southern Wisconsin. Many turn to a bankruptcy attorney for foreclosure help falsely believing that filing for bankruptcy is the only option they have left. By making an appointment with a qualified bankruptcy attorney at Bankruptcy Law Chicago, families facing a financial crisis can discuss their particular needs and learn ways to avoid losing their home. If a bankruptcy is determined to be the best solution, a bankruptcy attorney will explain the process and be available to their clients throughout the entire process.
Student Loan Law
read moreWith the cost of College skyrocketing over the last 20 years, more and more students, and their families had to get loans to pay for tuition, books and living expenses. Over the years of helping clients of all ages with their finances and debt issues, I have seen plenty of families struggling with student loan debt, and, while trying to pay on student loans for themselves, their children, or grandchildren, they in turn fall into more debt, as the payments get larger and larger. Now $1.2 trillion in student loan debt is outstanding, it is the 2nd largest amount of debt outstanding after home mortgages.