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Bankruptcy Attorney Palatine

Struggling with debt in Palatine? Bankruptcy might provide the relief you need. Our knowledgeable bankruptcy attorneys can guide you through the bankruptcy process, helping you regain financial stability and a 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!"

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A member of our team will be reaching out to you no later than the end of our next business day, and typically within 2 business hours. Our business hours are M - F, 9 a.m. - 6 p.m..

If your matter is urgent, or for some reason we have not contacted you within the above timeframe, please do not hesitate to call us at your convenience at 630-324-6666 during business hours, and we will be happy to help.

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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 Bankruptcy Attorney Palatine:

Understanding Bankruptcy

Bankruptcy is a legal process designed to help individuals and businesses overcome overwhelming debt and start anew. It can stop foreclosures, halt creditor harassment, and wipe out debt under the protection of the federal bankruptcy court.

Types of Bankruptcy:

  • Chapter 7 Bankruptcy: Often referred to as liquidation bankruptcy; it discharges most unsecured debts, such as credit card debt and medical bills.
  • Chapter 13 Bankruptcy: This is a reorganization bankruptcy, ideal for those with a regular income who can pay back part of their debts through a repayment plan.
  • Chapter 11 Bankruptcy: Primarily used by businesses to restructure their debts and continue operations.

The Role of a Bankruptcy Attorney

A bankruptcy attorney is crucial in navigating the complexities of bankruptcy law. They provide valuable guidance on whether bankruptcy is the best option for you and which type to file based on your specific circumstances.

Services Provided by Our Bankruptcy Law Firm:

  • Evaluation of your financial situation to determine the best course of action.
  • Guidance on the bankruptcy filing process and preparation of all necessary documentation.
  • Representation in court and dealings with creditors.
  • Assistance with post-bankruptcy recovery and financial planning.

Anecdotal Story: Navigating Through Financial Crisis

Meet John, a resident of Palatine who faced severe financial distress after an unexpected medical emergency. Burdened with high medical bills and unable to meet his mortgage payments, John was on the brink of losing his home. After struggling for months to keep up, he consulted our bankruptcy law firm for help.

Our attorneys advised John to file for Chapter 13 bankruptcy to protect his home from foreclosure and reorganize his debts. We worked with him to create a manageable repayment plan, allowing him to pay off his debts gradually while keeping his home. Through this process, John not only retained his most valuable assets but also restored his financial stability.

Why Choose Our Firm for Bankruptcy Representation

When facing financial hardship, the support of a seasoned bankruptcy attorney can make a significant difference. Here are several reasons to choose our firm:

  • Personalized Attention: We understand that every bankruptcy case is unique, and we tailor our services to meet your specific needs.
  • Comprehensive Legal Support: From the initial consultation to the conclusion of your case, we provide continuous support and guidance.
  • Proven Track Record: Our firm has a history of helping clients successfully navigate through bankruptcy and achieve a fresh financial start.

Benefits of Working with a Bankruptcy Attorney:

  • Accurate and timely filing of all required documents.
  • Protection against creditor harassment and illegal collection practices.
  • Strategic planning that leads to effective debt relief and financial recovery.

Bankruptcy may seem daunting, but with the right guidance, it can be a viable solution to financial distress. Our bankruptcy law firm in Palatine is committed to helping clients understand their options, make informed decisions, and regain control over their financial futures. Contact us today to see how we can help you achieve the debt relief you need and deserve.

How To Find Our Palatine Office:

From Schaumburg:

  1. Head north on Meacham Rd toward Higgins Rd.
  2. Turn right onto Algonquin Rd.
  3. Continue straight to stay on Algonquin Rd.
  4. Turn left onto Roselle Rd.
  5. Turn right onto Colonial Parkway and continue to the destination.

From Interstate 90 (I-90):

  1. Take the exit for IL-53 N toward the Northwest Suburbs.
  2. Follow IL-53 N and take the exit for Algonquin Rd.
  3. Turn left onto Algonquin Rd.
  4. Turn right onto Roselle Rd.
  5. Turn right onto Colonial Parkway to arrive at the destination.

From Route 53:

  1. Head north on IL-53.
  2. Take the Algonquin Rd exit and turn left.
  3. Turn right onto Roselle Rd.
  4. Turn right onto Colonial Parkway to find the destination on the right.
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

1625 Colonial Parkway Unit K, Inverness, IL 60067

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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 Bankruptcy Attorney Palatine

When to File a Chapter 13 Bankruptcy vs. a Chapter 7 Bankruptcy

A Chapter 7 bankruptcy completely wipes out all the debtor’s dischargeable debts while a Chapter 13 bankruptcy provides for the payment of some or all the debtor’s debts over the course of 3 to 5 years. If, based on the debtor’s income, the debtor will not be able to pay off the full amount of the debts during the allotted time period in a Chapter 13 payment plan, the plan may provide for payment of a portion of the debts, with the remainder of the debt being discharged at the conclusion of the payment plan.    

Read more about When to File a Chapter 13 Bankruptcy vs. a Chapter 7 Bankruptcy

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