Newland Law Centers, LLC
Services available in
Cook and Lake County

Experienced, Quality and Caring Representation.

Our Practice Areas

Could Filing Bankruptcy Discharge Income Tax Debt?

Written by Charles Newland

bankruptcy lawyersTaxpayers who are unable to pay past due federal taxes have several options to choose from, including working with the IRS to create a payment plan or an offer in compromise to fulfill their tax obligations. However, if those options do not meet an individual taxpayer’s needs, bankruptcy might be an option to consider.
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Chicago Bankruptcy Rates Continue to Fall

Written by Charles Newland

chicago bankruptcy attorneyThe data is out for new bankruptcy filings in January of 2016, and the trend of fewer filings continues. In fact, last January’s numbers were the lowest since 2008, and greatly lower than the number of filings from 2010 and 2011, when the worst of the recession was upon the Chicago area. Statistics from the Northern Illinois District of the U.S. Bankruptcy Court show that trend towards lower bankruptcy rates should be here to stay as the economic recovery continues.
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Can I keep my home if I file for Chapter 13 bankruptcy?

Written by Charles Newland

pNiceHome_shutterstock_150435080When dealing with the prospect of bankruptcy, people are forced to make crucial decisions that will have a large impact on their lives. According to the U.S. Courts, 936,795 Americans filed for bankruptcy in 2014. Approximately 310,051 of the cases filed that year were Chapter 13, which is the second most common form of bankruptcy next to Chapter 7. A bankruptcy attorney in McHenry knows that one of the main benefits of filing for Chapter 13 bankruptcy is that people are generally able to retain their homes. Read More

Will bankruptcy ruin my credit rating?

Written by Charles Newland

illustration of cartoon drowning businessman with money chain on his leg in disaster because of greed concept

For Americans who are overwhelmed with financial debt, bankruptcy offers a way for people to gain a fresh financial start. Over one million Americans filed for bankruptcy in 2013, according to the U.S. Courts. While this option may not be ideal for every person suffering with extensive debt, it can transform the lives of others. Many people avoid filing for bankruptcy because of the negative effect that it will have on their credit score, a fact known by a bankruptcy attorney in Cook County.

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Medical debt leading cause of personal bankruptcy

Written by Charles Newland

When people think about bankruptcy filings, they commonly think about credit card debt, loans that can no longer be paid and frivolous spending habits, among other things. In some cases, these factors may contribute to people filing for bankruptcy in Illinois, and elsewhere. However, the Huffington Post reports that medical expenses are the number one reason why people file for personal bankruptcy. Read More

Free Consultation

We represent clients in Arlington Heights, Chicago, the Northwest Suburbs, and Lake County. Contact our office at (847)797-9300 to schedule a free consultation.

Cook County OFFICE

3601 W Algonquin RD, STE 990
Rolling Meadows, Illinois 60008

LAKE COUNTY OFFICE

728 Florsheim Dr
Libertyville, Illinois 60048

CONTACT US

Phone: (847) 797-9300
Fax: (847) 797-9301