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Downers Grove Bankruptcy Attorneys | Bankruptcy Lawyers, Downers Grove IL

Despite our affordable rates, O'Flaherty Law is not a bankruptcy mill. Our friendly Downers Grove bankruptcy attorneys provide individualized service to each of our bankruptcy clients, taking the time to explain all of your options and promptly answer any questions you may have along the way. Because we have experienced attorneys in other areas of law on staff, our Downers Grove bankruptcy attorneys are able to explore all of your options, and give you holistic, comprehensive service. Our deep involvement in the community has provided us with a wide network of professionals and resources who will take a team-based approach to helping you make the most of your fresh start!
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Smiling womanAttorney Kevin O'Flaherty

"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"

How can our Downers Grove Bankruptcy Attorneys help you?

We believe your attorney should not speak in legalese

Finding an attorney who is a “real person” can be difficult. Many attorneys surround themselves almost exclusively with other attorneys and are accustomed to speaking in ivory tower legalese.  You should be able to connect with your attorney on a personal level, and he or she should speak to you in plain language that you can understand.  You will be working very closely with this person on issues that are very important to you. It is important that he or she be down-to-earth and someone that you connect with.

We believe your attorney should be accessible

The most common complaint that clients have of their attorneys is that the attorney is unreachable, does not communicate with them regularly, or does not promptly return your calls.  Your attorney should reach out to you about your case regularly and respond within 24 hours to calls and e-mails.  An open line of communication between you and your attorney is essential to building trust.

Learn how we service your area through our Remote Location Approach.

We believe your attorney should be realistic with you about costs and outcomes

Your attorney’s goal should not be to win at all costs.  Rather, it should be to achieve a favorable outcome for you as efficiently as possible.  It is important that your attorney set realistic expectations at the outset as to the costs you should expect, the concerns that the attorney has about the outcome of your case, and the length of time that you should expect your case to take.

Regardless of the nature of your case, we have an experienced attorney who will focus on your individual needs. Our team of attorneys works closely together, bringing each of their different fields of experience to bear in order to optimize our client care.

Client Testimonials

Christi M.

Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.

Marvin

"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."

Rachel B.

"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"

About Downers Grove Bankruptcy Attorneys:

  • We Give You Counsel, Not Info-Tapes!  
  • Many Downers Grove bankruptcy attorneys meet their clients for the first time on the day of the initial meeting of creditors (basically the end of the case).  From the outset of your case, you receive the attention, advice, and support of our excellent attorneys. 
  • We Are Not a Bankruptcy Mill!  
  • Rather than plugging you into cookie-cutter software run by assistants, we explore the alternatives to bankruptcy and go over all of your options before moving forward.  Often negotiation with your creditors will be more advantageous than filing bankruptcy.  Because we practice nearly all areas of law--not just Bankruptcy--we can discuss these alternatives and find the right solution for YOUR situation.  
  • We Are Affordable!  
  • The last thing you need when your back is against the wall is an expensive legal bill.  We understand that you don't have money to blow on expensive legal fees.  If you find a more cost-effective solution, we would like to hear about it. 
  • We Have a Wide Network of Resources to Help Get You Back on Your Feet!  
  • Our client care does not end with legal work.  Due to our deep involvement in the community, we have an extensive network of professionals and other resources that can give you non-legal guidance and provide the services necessary to help get you back on your feet.  
Expertise Best Child Support Lawyers in Chicago 201710 Best 2016 Client Satisfaction American Institute of Family Law AttorneysAvvo Clients' Choice 2016 DivorceRising Stars Kevin P. O'Flaherty SuperLawyers.com10 Best Law Firms 2018 Client Satisfaction American Institute of Family Legal Counsel Attorneys Estate Planning Law40 under forty

What to Expect From a Legal Consultation

The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.

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Location

Office Address

4949 Forest Ave., Ste. 1B

Downers Grove, IL 60515

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Hours of Operation

Monday
9:00am - 6:00pm
Tuesday
9:00am - 6:00pm
Wednesday
9:00am - 6:00pm
Thursday
9:00am - 6:00pm
Friday
9:00am - 6:00pm
Saturday
Closed
Sunday
Closed

Attorneys

Meet the Owner

I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team.  Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys.  Many of our clients are going through difficult times in their lives when they reach out to us.  They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates.  We are here to help!

- Attorney Kevin O'Flaherty, Owner

Check Out Articles and Videos from our Downers Grove Bankruptcy Attorneys

Is Bankruptcy Right For Me?

Whether you are an individual or a business, our Downers Grove bankruptcy lawyers can provide legal advice guide you through the bankruptcy process, as well as its alternatives, to give you a fresh start.

Oftentimes bankruptcy is the last in a long line of options that an individual or a business may wish to pursue to relieve its debt. At O’Flaherty Law, our experienced bankruptcy attorneys will sit down with you for an initial consultation to help determine what the right course of action is for you.  If bankruptcy is your best option, we will help you file for bankruptcy relief under the Bankruptcy Code.

Our Downers Grove Bankruptcy team can help you or your business to renegotiate debt with your creditors or put an end to creditor harassment by discharging your debt and providing you with a clean slate. 

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Chapter 13 vs. Chapter 7 Bankruptcy in Downers Grove

When filing for bankruptcy, it's important to know the key differences between the two so you can determine which one would be best for you to file. In this article, our Downers Grove Chapter 7 bankruptcy lawyers explain when it makes sense to file a Chapter 13 instead of a Chapter 7 bankruptcy. Our attorneys discuss common questions about Chapter 7 and Chapter 13 bankruptcies, including:

(1) What is the difference between a Chapter 13 Bankruptcy and a Chapter 7 bankruptcy?
(2) When does it make sense to file a Chapter 13 bankruptcy rather than a Chapter 7 bankruptcy?
(3) What are the eligibility requirements for a Chapter 13 bankruptcy?

Find out more about the differences and what each process involves in this article by our Downers Grove Bankruptcy attorneys.

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If I File for Bankruptcy Can I Keep My House and Cars?

Should you decide bankruptcy is the best option for you, it is likely that you will be able to keep your home and vehicles while wiping out your debt.  Certain property is exempt from collection by the bankruptcy trustee such as:

  • $15,000.00 of equity in your residence ($30,000.00 total for a married couple);
  • $2,400.00 of equity in your vehicles ($4,800.00 total for a married couple);
  • $4,000.00 exemption that can be applied to any type of property, including cash;
  • There are several other exemptions that we will help you take advantage of.  

The bottom line is that if you have less equity in your home or vehicles than these exemption amounts, you will be able to keep them in the bankruptcy should you so choose.  If you have slightly more equity than your exemption amounts, you will still likely be permitted to keep the property, because the trustee will typically not collect property if the trustees fees and other costs associated with collecting and liquidating the property would consume most of the proceeds of the sale and not leave a significant amount for creditors.  

Learn more from our Downers Grove bankruptcy lawyers about keeping your property in bankruptcy.

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