Bankruptcy Attorneys Are Ready to Help in Hickory Hills IL

Formerly known as North Palos, the Chicago suburb of Hickory Hills is a residential community in the northeast quarter of the Palos district. This thriving Illinois community was named after the abundance of hickory threes and the lovely rolling hills that can be found throughout the area, and it is home to 14,000 residents and a number of businesses.

Regrettably, in recent years, many residents and business owners in Hickory Hills have found themselves facing unmanageable expenses and have been spiraling deeper and deeper into debt. If you are among them, you are not alone. The recent economic downturn has affected Americans from coast to coast. Fortunately, help is available through the Law Offices of Thomas W. Lynch & Associates.

Complete our online request form or call us now at (708) 598-5999 to schedule a free, confidential consultation in our Hickory Hills office. The bankruptcy lawyers at Thomas W. Lynch & Associates are fully insured and have years of experience dealing with bankruptcy law making our practice one of the leading attorney offices in the Southwest Chicagoland area.

Why Contact Our Law Office?

The Law Offices of Thomas W. Lynch & Associates is a fully-insured, dedicated debt settlement agency. We are dedicated to helping the residents of our community achieve the financial relief and legal assistance that they need. To date, we have helped more than 3,000 area residents attain debt relief through bankruptcy filing.

Because we are a small, local law firm, we can offer you personalized service at a competitive rate. Our firm, which has an office conveniently located right here in Hickory Hills, understands that our clients lead busy lives. That is why we offer evening and weekend hours so you can schedule your consultations with us around your schedule instead of ours.

Our staff of bankruptcy attorneys and legal professionals is sympathetic toward your financial struggles and will treat you with the respect you deserve. We welcome you to bring your case to us for a free consultation so that we can explain what we can do for you and how our actions will benefit you both now and in the future.

Complete our online request form for more information. Upon completion, a member of our staff will contact you to arrange a free, in-person consultation at your earliest convenience. Or, if you prefer, you can call us directly at (708) 598-5999.

Is Filing for Bankruptcy the Answer?

For most people, the decision to file for bankruptcy is a difficult one to make. However, if you are a Hickory Hills resident or business owner whose financial situation is growing worse with each passing month, it may be your only solution.

The bankruptcy lawyers at Thomas W. Lynch & Associates understand what you are going through. They can help you review your personal or business finances to advise you on your best course of action. If bankruptcy is not an ideal solution, they will let you know.

What Are the Different Types of Bankruptcy?

The bankruptcy attorneys of Thomas W. Lynch & Associates have a wealth of experience when it comes to assisting residents of Hickory Hills and surrounding areas with their overwhelming debt problems. Our legal experts and support staff are well-versed in all types of personal bankruptcy and business bankruptcy options including Chapter 7 & Chapter 13 bankruptcy filings for individuals and Chapter 7 & Chapter 11 bankruptcy filings for businesses.

• Chapter 7 Individual Bankruptcy: This type of bankruptcy is meant for those with limited assets who cannot meet their monthly expenses. You are likely to be able to retain most of your personal belongings, though you may have to give up a second car or second home, if you have one. Chapter 7 bankruptcy will wipe away all of your unsecured debt including credit cards, medical bills, judgments, garnishments, and some types of taxes. You will still be required to pay your secured debts such as student loans and child support payments.
• Chapter 13 Individual Bankruptcy: This type of bankruptcy is intended for those who have a lot in assets and want to be able to keep them. Rather than wipe the slate clean, your bankruptcy attorney will work with your creditors to negotiate reductions on the amount of you owed debts. You will then be required to make affordable monthly payments to a guarantor who will distribute the funds among your creditors until all debts are paid off.
• Chapter 7 Business Bankruptcy: If a business qualifies for Chapter 7 bankruptcy, it must close down for good. All business property and assets must be liquidated to pay off as much remaining debt as possible. Debts left unpaid following liquidation will be forgiven. Businesses that file for Chapter 7 bankruptcy may never be reopened and business owners may have difficulty getting business loans in the future.
• Chapter 11 Business Bankruptcy: This type of business bankruptcy is similar to a Chapter 13 bankruptcy for individuals. It is intended for businesses owners who want to keep their business operational. When you qualify for Chapter 11 business bankruptcy, your attorney will negotiate debt reductions with your creditors. Your business will then be required to make affordable monthly payments to a guarantor who will distribute the funds among those you owe until such time that your debts are fully repaid. During this time, you can continue to run your business as usual.

Let one of our bankruptcy lawyers review your case and help you determine which type of bankruptcy is right for you. Your initial consultation and review is free and you will not be obligated to retain our services. Call us today at (708) 598-5999 or complete our online request form for more information.

Other Services Offered by the Law Office of Thomas W. Lynch & Associates

The attorneys at our law firm are not limited to bankruptcy law. We can also help you with our legal needs in the areas of:

• Tax debt law
• Tax relief claims
• Tax appeals
• Real estate closings
• Real estate law
• Criminal defense
• DUI defense
• Medical malpractice claims

As a resident of Hickory Hills, you can take comfort in knowing that a trusted law firm is located just minutes away from your home. Contact us today for your legal needs.

We can be reached by calling (708) 598-5999 or by completing and submitting our online request form. We look forward to hearing from you.