Legal Question in Bankruptcy in Illinois

Re: Disposal of assets.

The bk court will be interested in any transfers of property within the 1 year prior to filing. The trustee sho examines your case will ask about property transfers for up to 3 years. If you transfer the property for market value and not to an insider and can account for the proceeds you usually do not have much to worry about. The BK court is happy to help debtors but they want you to treat the creditors fairly. So they have a problem with transfer that smell fishy.

I charge $1500 for chapter 7 for an individual. This includes all costs. I would need $1250 to start and the balance in 30 days.

Please call me for a free consultation.

Re: Disposal of assets.

It depends on the nature of the asset. Why don't you call my office and have a free consultation about this? You can't find it cheaper than free. Then, if you wish to retain me to represent you, we can discuss that later.