Leeders Law

03/25/2026

Foreclosures Rising in Chicago – Stop It Before It Starts
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Foreclosure filings in Cook County and the Chicago area continue to climb in 2026.

If you’re behind on your mortgage, facing lender pressure, or worried about losing your home in Chicago or anywhere in the suburbs — you have options.
Chapter 13 bankruptcy can stop foreclosure immediately, let you catch up on missed payments over time, and keep you in your home. Chapter 7 may also help depending on your equity and situation.
With the new higher Illinois exemptions in 2026, more homeowners than ever can protect their property while getting debt relief.

At Leeders Law, we offer personalized, one-on-one service from our convenient office locations or phone/virtual appointments.

Attorney Terry Leeders has over 28 years stopping foreclosures and helping Chicago families save their homes.

Get a FREE consultation this week — in person, phone, or video. No pressure, just clear answers.
Call today: (312) 346-7400
Website: https://leederslaw.com
You don’t have to face this alone — help is local and available now.

Learn more, Call now!

03/11/2026

Chicago's Economy & the Rise in Consumer Bankruptcy — What's Going On?
If you've been feeling financial pressure lately, you're not alone. Across the Chicago metro area — and the country as a whole — more families are struggling to keep up.
A few things worth knowing:
📊 Consumer bankruptcy filings rose 11% nationally in 2025, and the trend is continuing into 2026. Chicago is not immune.
💳 U.S. credit card debt has hit a record $1.21 trillion — a sign that many households are borrowing just to cover everyday expenses.
🏛️ Chicago's pension obligations remain a long-term pressure on city finances, which can affect services, taxes, and the broader economic climate residents depend on.
The causes are real — high interest rates, lingering inflation, and stagnant wages for many workers. For some, bankruptcy isn't the end of the road. It's a legal tool designed to give people a genuine fresh start.
If you or someone you know is feeling overwhelmed by debt, talking to a financial counselor or bankruptcy attorney is a smart first step — not a last resort.
💬 Have you noticed the financial squeeze in your neighborhood? Share your thoughts below.

03/09/2026

💡 Gas prices up. Grocery bills up. Utility bills up. Your paycheck? The same.

If you're robbing Peter to pay Paul every month — using credit cards just to cover the basics — you're not alone. Millions of Americans are feeling the same squeeze right now.

But here's what most people don't know: bankruptcy isn't failure. It's a federal legal tool designed for exactly this situation. It can:

✅ Wipe out credit card debt
✅ Stop collection calls immediately
✅ Give you a real fresh start

At LeedersLaw, we offer FREE consultations with no pressure and no judgment. We'll tell you honestly whether bankruptcy makes sense for you — and if it does, we'll walk you through every step.

You've been carrying this long enough. Let's talk. 👇
🔗 LeedersLaw.com
📞 312-346-7400

02/03/2026

When can you file a new Chapter 7 bankruptcy case after a bankruptcy case converted from Chapter 13 to chapter 7 previously?

The general rule is that you must have 8 years between chapter 7 bankruptcy case filings. But what if the prior case was a converted chapter 13 to 7? The rule uses the original filing date of the Chapter 13, not the date of conversion. So if your prior Chapter 13 bankruptcy was filed more than 8 years ago, you are good to go with the new Chapter 7 bankruptcy filing.

01/23/2026

Vaporize your debt and get a fresh start. Comment "Freeze" for a free bankruptcy evaluation in Illinois.

01/22/2026

New 2026 Illinois Bankruptcy Vehicle Exemption

01/20/2026

Stock market crashing today? Worried about your retirement? It will be 100% exempt in a bankruptcy filing. If you have regular investments or an inherited IRA, call your local bankruptcy attorney to review exemption options. Call today for an Illinois bankruptcy free consultation. 312-346-7400

01/16/2026

https://youtube.com/shorts/gNJt59eJPKo?feature=share

New bankruptcy exemptions in Illinois for 2026!

New for 2026, the Illinois Bankruptcy Homestead exemption has increased to $50,000 for individual filers and $100,000 for a joint bankruptcy case. Previously...

12/15/2025

Illinois Bankruptcy exemptions have increased!! Reach out for a free bankruptcy exemption review. 312-346-7400

Illinois Bankruptcy exemptions are changing effective January 1, 2026. Free bankruptcy exemption review by Leeders Law.

05/30/2025

🍔💸 Is Fast Food Eating Up Your Budget? 💸🍟

Grabbing a quick bite at your favorite fast food spot might seem harmless — but those small purchases can add up fast. $10 here, $15 there… and before you know it, you’ve spent hundreds each month without realizing it.

Over time, overspending on convenience can contribute to credit card debt, missed bills, and even bankruptcy.

At Leeders Law, we’ve seen how daily financial habits — even the little ones — can have big consequences. If you're struggling with debt and unsure where to turn, you’re not alone. We’re here to help you get back on track and regain control of your financial future. ⚖️💼

📞 Contact us today for a free consultation. Let’s talk about options like Chapter 7 or chapter 13 bankruptcy and how we can help you build a path to financial stability.