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Bolingbrook Bankruptcy Attorneys | Bankruptcy Lawyers, Bolingbrook IL

Bolingbrook Bankruptcy Attorneys | Bankruptcy Lawyers, Bolingbrook IL

Our friendly Bolingbrook bankruptcy attorneys will take the time to learn about your situation and advise you regarding all of your options, including Chapter 7 bankruptcy, Chapter 13 bankruptcy, and debt negotiation.

Our friendly Bolingbrook bankruptcy attorneys will take the time to learn about your situation and advise you regarding all of your options, including Chapter 7 bankruptcy, Chapter 13 bankruptcy, and debt negotiation.

Our Experienced Bolingbrook Bankruptcy Attorneys Handle Cases Including But Not Limited To:

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Your Community Law Firm

Why O'Flaherty Law for My

Bankruptcy

Matter?

In this video, Bolingbrook bankruptcy attorney Kevin O'Flaherty describes why O'Flaherty Law is the best choice for your bankruptcy or debt resolution matter.

  • We Give You Counsel From Experience Attorneys, Not Info-Tapes!  Our Bolingbrook bankruptcy attorneys will dive you a fresh start quickly and professionally so you can make a fresh start and move forward.
  • We Are Cost-Effective!  We understand that seeking bankruptcy and debt resolution means you're in a position where you're already surrounded by debt and financially strained.  We offer affordable rates that allow our clients to have peace of mind while having their financial matters met. ​
  • We Have a Wide Network of Resources to Help!  Once we assist you in getting a fresh new start, you may need help from other professionals.  We are proud to offer a a large network of resources of bankers, loan officers, financial advisors and local professionals to creative a comprehensive solution that suits your needs.

Some of Our Accomplishments

Schedule a Free Consultation With Our

Bolingbrook Bankruptcy Attorneys

bankruptcy lawyer bolingbrook il

What to Expect From a Consultation

The purpose of a free 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. Although most consultations are complimentary, some may carry a charge depending on the type of matter and meeting location.

Please contact our friendly

Bolingbrook Bankruptcy Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Downers Grove

5002 Main Street, Ste 201
Downers Grove
,
IL
60515
Get Directions

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Hours: 9 am - 5 pm Mon - Fri

Our  Office Locations: 

Downers Grove Attorneys, Downers Grove Attorney, Downers Grove Lawyer, Downers Grove Lawyers

Downers Grove

5002 Main St, Ste. 201 Downers Grove, IL 60515

Naperville Attorney, Naperville Attorneys, Naperville Lawyers, Naperville Lawyer

Naperville

105 Jackson Avenue, Ste. 4b Naperville, IL 60540

Elmhurst Lawyer, Elmhurst Lawyers, Elmhurst Attorneys, Elmhurst Attorney

Elmhurst

​110 E. Schiller Street, Ste. 220B ​Elmhurst, IL 60126

Lake in the Hills Attorneys, Lake in the Hills Attorney, Lake in the Hills Lawyer, Lake in the Hills Lawyers

Lake in the Hills

8411 Pyott Road, Ste. 107, ​Lake in the Hills, IL 60156

Tinley Park Attorney, Tinley Park Attorneys, Tinley Park Lawyer, Tinley Park Lawyers

Tinley Park

​16557 Oak Park Avenue, Ste. B, Tinley Park, IL 60477

St. Charles Attorneys, St. Charles Lawyers, St. Charles Attorney, St. Lawyer

St. Charles

210 S Fifth St, Ste. 107B, St. Charles, IL 60174

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Meet Our Owner

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

Here's What Our Clients Have to Say:

John Paul Clancy
Says...

"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."

Kevin Sender
Says...

"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."

Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!

An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.

DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
John Paul Clancy
Says...
"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Kevin Sender
Says...
"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Mike Stehlik
Says...
"Kevin and his team are my "Go To" resource for clients that need estate planning"
Kevin Koc
Says...
Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!
Stephen Petersen
Says...
An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.
Troy Golden
Says...
Kevin is an excellent attorney. He helped me incorporate by business and provides legal counsel as need. I highly recommend him.

Click here for Videos, Podcasts, and Articles by our Bolingbrook Bankruptcy Attorneys

debt resolution lawyer bolingbrook illiinois

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

How to Collect a Debt in Illinois

If you are a small business owner dealing with past due accounts receivable, or if you are having trouble paying your monthly bills and are receiving notices from creditors, you should acquaint yourself with the collection process.  This article will provide a summary of that process.  The narrative will be from the creditor’s perspective, but it will be equally helpful to debtors.

Bear in mind that each of the following steps tends to increase the pressure on the debtor to settle his debt.  Each successive step will only be required if the debtor is non-responsive to the previous steps.  In practice, it is usually unnecessary to take a collections case all the way through Step 7.

STEP 1:  Internal collections procedures:  Before you speak to a collections attorney, you should be sure to refine your own collection procedures.  Every business is different, but the following tips may help you increase your collections on your accounts receivable:

  • In your contracts with your customers, include an attorney-fee provision providing that if either party is required to take action to enforce the contract, the other party will be required to pay attorney fees and other expenses.
  • In your contracts with your customers, include a late fee provision, informing your customers that late fees will be charged on late invoices.
  • On the face of each invoice, you should explain your collection procedures.  Let your customers know in advance that if their invoice is x days past due they will be required to pay late fees, and that if it becomes days past due, the invoice will be sent to collections.
  • Follow up on past due invoices with letters explaining the consequences of continued failure to pay.

If you believe that it will not be possible to collect an account internally, you should hand the account to your attorney to begin a collection suit.

Read More
bankruptcy lawyer will county il

If you are a small business owner dealing with past due accounts receivable, or if you are having trouble paying your monthly bills and are receiving notices from creditors, you should acquaint yourself with the collection process.  This article will provide a summary of that process.  The narrative will be from the creditor’s perspective, but it will be equally helpful to debtors.

Bear in mind that each of the following steps tends to increase the pressure on the debtor to settle his debt.  Each successive step will only be required if the debtor is non-responsive to the previous steps.  In practice, it is usually unnecessary to take a collections case all the way through Step 7.

STEP 1:  Internal collections procedures:  Before you speak to a collections attorney, you should be sure to refine your own collection procedures.  Every business is different, but the following tips may help you increase your collections on your accounts receivable:

  • In your contracts with your customers, include an attorney-fee provision providing that if either party is required to take action to enforce the contract, the other party will be required to pay attorney fees and other expenses.
  • In your contracts with your customers, include a late fee provision, informing your customers that late fees will be charged on late invoices.
  • On the face of each invoice, you should explain your collection procedures.  Let your customers know in advance that if their invoice is x days past due they will be required to pay late fees, and that if it becomes days past due, the invoice will be sent to collections.
  • Follow up on past due invoices with letters explaining the consequences of continued failure to pay.

If you believe that it will not be possible to collect an account internally, you should hand the account to your attorney to begin a collection suit.

Read More

Chapter 7 Bankruptcy vs. Chapter 13 Bankruptcy

Bolingbrook Debt Resolution Lawyers

Bolingbrook bankruptcy attorney Kevin O'Flaherty explains the difference between Chapter 7 Bankruptcy and Chapter 13 Bankruptcy.

Bolingbrook Debt Resolution Lawyers

In this article, our Bolingbrook bankruptcy lawyers explain the difference between Chapter 7 Bankruptcy and Chapter 13 bankruptcy. In a Chapter 7 bankruptcy your dischargeable debts are completely wiped out shortly after the bankruptcy petition is filed. If the debtor has a significant amount of assets, some of those assets are used to pay your creditors. In a Chapter 13 bankruptcy, your debts are discharged by paying some or all of them through a Chapter 13 payment plan over the course of three or five years.

Read the full article by our Bolingbrook bankruptcy attorneys explaining the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy.

The Chapter 7 Bankruptcy Process in DuPage County and Will County

In this article, our Bolingbrook bankruptcy attorneys explain the Chapter 7 bankruptcy process. Prior to filing your bankruptcy petition you must take an onlilne credit counseling course. Once this is complete, your bankruptcy petition may be filed.  The clerk will then notify your creditors of the opening of your bankruptcy case, and collection efforts must cease. After a brief meeting with the bankruptcy trustee to ensure that Chapter 7 bankruptcy is appropriate, your debts will be discharged and your bankruptcy case closed.

Read the full article by our Bolingbrook bankruptcy attorneys explaining the Chapter 7 bankruptcy process in DuPage and Will County.

Bolingbrook bankruptcy lawyer Kevin O'Flaherty explains the Chapter 7 bankruptcy process.

Bolingbrook Bankruptcy Lawyers

In this article, our Bolingbrook bankruptcy attorneys explain the Chapter 7 bankruptcy process. Prior to filing your bankruptcy petition you must take an onlilne credit counseling course. Once this is complete, your bankruptcy petition may be filed.  The clerk will then notify your creditors of the opening of your bankruptcy case, and collection efforts must cease. After a brief meeting with the bankruptcy trustee to ensure that Chapter 7 bankruptcy is appropriate, your debts will be discharged and your bankruptcy case closed.

Read the full article by our Bolingbrook bankruptcy attorneys explaining the Chapter 7 bankruptcy process in DuPage and Will County.

What Happens at a First Meeting of Creditors in DuPage County and Will County Bankruptcies?

Bolingbrook bankruptcy attorney Kevin O'Flaherty explains the Chapter 13 Bankruptcy Process in DuPage and Will County.

Bolingbrook Debt Resolution Lawyers
Bolingbrook Debt Resolution Attorneys

In this article, our Bolingbrook bankruptcy lawyers explain what to expect from the First Meeting of Creditors in DuPage County and Will County Chapter 7 bankruptcies. The First Meeting of Creditors is a meeting between you, your attorney and the bankruptcy trustee. The trustee is an attorney appointed by the bankruptcy court to oversee your bankruptcy case, ensure that your creditors' interests are protected and that bankruptcy is appropriate. The meeting is typically quick and painless and creditors rarely attend.

Read more about the First Meeting of Creditors from our Bolingbrook bankruptcy attorneys.

Further Reading from our

Bolingbrook Bankruptcy Attorneys