BANKRUPTCY LAW

Solving your debt problems
and maintaining your dignity

Does a severe financial crisis have you wondering if you should file for bankruptcy? Whether your debts relate to a struggling business, or to you individually, our bankruptcy attorneys can determine the appropriate Chapter filing. Deciding if you should file for bankruptcy requires an experienced bankruptcy attorney who knows how to properly apply bankruptcy laws. If necessary, we can evaluate your circumstances to determine where and when to file for bankruptcy. Furthermore, you may be able to salvage your business with a reorganization under the bankruptcy laws. At Lavelle Law, our bankruptcy attorneys believe that in times of financial difficulty our clients have a right to high-quality legal advice, affordable fees, and of equal importance, respect and understanding. A bankruptcy can provide a fresh start for you and your family.

Our Services

  • Bankruptcy Petitions
  • Chapter 7
  • Subchapter V
  • Chapter 11
  • Chapter 13
  • Corporate Bankruptcy Filings
  • Corporate Dissolution
  • Creditor Protection
  • Creditors Meetings
  • Financial Analysis
  • Non-bankruptcy Options
  • Qualification

OUR BANKRUPTCY LAW TEAM

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Bankruptcy Law Posts

Lavelle Law News and Events

New law provides expanded protection for Illinois residents, increasing key debtor exemptions.

Illinois Legislature Increases Key Debtor Exemptions Starting on January 1, 2026

By Timothy M. Hughes • October 15, 2025
The Illinois General Assembly enacted Public Act 1738, amending several provisions of the Illinois Code of Civil Procedure to raise debtor exemption limits effective 1.1.26. The new law provides expanded protection for residents, marking the most significant increase to the state’s exemption statutes in over a decade.
A discussion about dismissing student loan debt in bankruptcy

Dismissing Student Loan Debt in Bankruptcy

By Timothy M. Hughes • March 14, 2023
Until recently, it was very unlikely that student loan debt could be discharged in a bankruptcy proceeding. In this video podcast, Lavelle Law attorney Timothy Hughes discusses a new change to laws that provide an opportunity for some filers to have a clearer path to dismissing that debt.
Learn about dismissing student loan debt in a bankruptcy proceeding.

Can Student Loans be Discharged in Bankruptcy?

By Timothy M. Hughes • March 3, 2023
Until recently, it was very unlikely that student loan debt could be discharged in a bankruptcy proceeding. Lavelle Law attorney Timothy Hughes discusses a new change to laws that provide an opportunity for some filers to have a clearer path to dismissing that debt.
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