.svg){kind=small}
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.
"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."
"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"
Choosing the right law firm can change everything. At O’Flaherty Law, we pride ourselves on transparency, responsiveness, and personalized care. See how we compare to the industry standard.
Many Elmhurst bankruptcy lawyers meet their clients for the first time at the 341 meeting of creditors. From day one of your bankruptcy journey you will receive personal attention, comprehensive advice and support from our experienced team. Our experienced attorneys have successfully handled numerous bankruptcy cases, providing clients with the debt relief they need.
We don’t plug you into software managed by assistants. We explore alternatives to bankruptcy and review all your options before we proceed. Our bankruptcy lawyers are skilled in filing bankruptcy and can guide you through the process to ensure your rights are protected. Negotiating with your creditors often gets better results than bankruptcy. Our diverse practice (not just bankruptcy) allows us to discuss those alternatives and tailor the solution to YOUR situation.
The last thing you need when you’re facing financial challenges is a big legal bill. We understand your situation and know you may not have money to spare for high legal fees.
Our client care goes beyond legal services. We have a network of professionals and resources in the community that offer non-legal advice and services to help you recover.
Dealing with the bankruptcy process can be stressful. You don’t need added stress from a bankruptcy attorney that is slow to communicate and hasn’t given you a clear plan to resolve your case. Trust comes from knowing your attorney has your back and best interests in mind.
.avif)
.avif)
Learn how we service your area with our Remote Location Approach.
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.
Schedule a ConsultationLearn More About The Firm110 E. Schiller St., Ste. 200B
Elmhurst, IL 60126
.svg){kind=icon}
.svg){kind=icon}
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!
In this video, our Elmhurst bankruptcy lawyers explain the Chapter 7 bankruptcy process. Bankruptcy is an excellent tool to allow individuals and businesses to get a clean slate and a fresh start. However, it is often not the only option. Depending on the number of creditors, the type of debt, and the amount of debt, working with our Elmhurst attorneys to renegotiate your debt may be preferable to bankruptcy. Creditors are often willing to significantly reduce the amount of your debt and allow it to be paid over time, especially when they are dealing with your attorney and there is a credible threat of bankruptcy. Our experienced Elmhurst attorneys will educate you on your options and help you choose the right course of action for you, your family, or your business.
In this video, our Elmhurst bankruptcy attorney explains the differences and advantages to each type of bankruptcy a client could file and how it is possible to keep your home and vehicles in a Chapter 7 bankruptcy. All of your debts in Chapter 7 are dischargeable. If your home or car has over or above exemption amounts then the trustee can collect that to pay the creditors. Most of the time, however, clients have under the exemption amount and is able to keep their belongings with the help of our advising at O'Flaherty Law. Our Elmhurst attorney goes on to explain how Chapter 7 usually makes the most sense for wiping out your debt. You future income is used to pay your debt in Chapter 13 instead of liquidation. It usually takes 3-5 years to pay off this debt. Unless there is certain situations, Chapter 7 is more beneficial unless you are ineligible. Ineligibility can be due to things Such as if you have a high income, or have already filed for Chapter 7 in the past ten years, instead Chapter 13 may be right for you. Chapter 13 may be suitable for people who have a lot of equity in their home or car as well to avoid them being taken in a Chapter 7 case.
Our Elmhurst Bankruptcy attorney Kevin O'Flaherty sits down to explain the process of Chapter 13 bankruptcy. Once our experienced attorneys decide Chapter 13 is the right plan for you and your financial needs we then have our clients take a credit counseling course with certification of completion before filing. From there attorneys will be able to collect your financial information and scheduling that includes: assets, liabilities, income, and expenses. These will then be submitted to the court who will notify any creditors you owe money to of the bankruptcy. Collections from these creditors will be put on pause while our Elmhurst attorneys help you come up with a payment plan that satisfies your needs and income. A Trustee or court appointed attorney will be apart of the process as well collecting the payments for creditors. Be assured that for every part of the process, and for every meeting, our Elmhurst attorneys will be their to help you file your Chapter 13 bankruptcy case.
.avif)
%20(1).avif)