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Elmhurst Bankruptcy Attorneys | Bankruptcy Lawyers, Elmhurst

Often, bankruptcy is one of many options available to individuals with large amounts of debt. Because we have a team of attorneys with collective experience in many different areas of law, our Elmhurst Bankruptcy attorneys have the ability to work with you to come up with a comprehensive strategy to get you a fresh start, with bankruptcy being just one of several options. If bankruptcy turns out to be the best option for you, we offer affordable flat fees that will help you get your new life started with minimal expense. Despite our low rates, we are not a bankruptcy mill. Our attorneys will work with you personally to educate you and advise you on the bankruptcy process and work to ensure that the process goes smoothly and quickly. We are accessible to our clients in a way that most bankruptcy firms aren't. ​
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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!"

How can our Elmhurst Bankruptcy Attorneys help you?

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 Elmhurst Bankruptcy Attorneys:

How can our Elmhurst IL Bankruptcy Attorneys help you?

We Give You Counsel, Not Info-Tapes!

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 Are Not a Bankruptcy Mill!

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.

We Are Affordable!

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.

We Have a Network of Resources to Get You Back on Your Feet!

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.

Relationships Built on Trust and Communication 

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. 

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

​110 E. Schiller St., Ste. 200B

​Elmhurst, IL 60126

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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!

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- Attorney Kevin O'Flaherty, Owner

Check Out Articles and Videos from our Elmhurst Bankruptcy Attorneys

Which is Right for Me: Bankruptcy or Debt Negotiation?

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.  

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If I File for Bankruptcy, Can I Keep My House and Cars?

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.

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Chapter 13 Bankruptcy Process

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.

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