Our experience as an Hoffman Estates bankruptcy lawyer helps you
If you're thinking about filing for bankruptcy but don't know if it is the right step for you, ask yourself these questions:
Filing for bankruptcy immediately ends the harassment and stress caused by accumulating debts. Pursuant to the automatic stay, creditors and tax collectors must stop calling you. In addition, filing for bankruptcy stops foreclosure on your house and business.
Attorney Redfield offers bankruptcy assistance to both individuals and businesses. His services include corporate dissolutions and assignments for the benefit of creditors and all chapters of bankruptcy.
Chapter 7 Bankruptcy: This form of bankruptcy is for individuals or corporations in need of serious debt relief. You can get a fresh start without the sale of assets.
Chapter 13 Bankruptcy: Often called a regular income plan, a Chapter 13 case establishes a repayment plan to prevent the loss of your house and property. It also can be used to repay tax debt.
Chapter 11 Bankruptcy: A Chapter 11 case is filed by corporations or individuals that typically have too much accumulated debt. It requires a disclosure statement and a plan of reorganization and results in the restructuring of your business and debt. It may also be used by individuals who have exceeded the debt limits for a chapter 13 case.
Contact the law firm of John H. Redfield & Associates and discover the freedom of debt relief.
Economic development was being driven by the requirements of the small community known as Hoffman Estates during the 1970's, as large developable acreage in the community became available from vacant or reasonably priced farms. Around this time, it was determined that rather than simply having a savings and loan, a real bank was needed. The First National Bank of Hoffman Estates was established in 1979.
These days, that bank is known as the Charter National Bank and Trust. Although, the area wasn't being developed, land was available. A group of involved business owners established the HEBA (Hoffman Estates Business Association), which started the first efforts by the community at retaining business and developing the local economy.
During the 1980's, new interest was brought to central Hoffman Estates by the interchange at Barrington Road. The first office park, known as Governor's Square, and the Tollway Center was established in the first industrial section of Hoffman Estates, again as the result of the needs of the community. At the corner of Higgins and Barrington Roads, some 35 acres became the Northwest Corporate Center, which as the result of the Stonegate Development Corporation, attracted a gas station, the first motel in the community, known as the Budgetel. There was an explosive period of growth going on in the area, and especially in Hoffman Estates. About this time, the Chamber of Commerce, NSACI (Northwest Suburban Association of Commerce and Industry) joined forces with the regional Chamber of Commerce.
Hoffman Estates stepped into national prominence when Sears Roebuck and Company announced that they were relocating to a new corporate headquarters in Hoffman Estates from their downtown tower. A community lawyer, banker, business owner, and community official negotiated the deal. The decision makers were taken on an aerial tour by helicopter to the Sears building that housed their new headquarters for merchandising on the west side of the community from the Sears Roebuck Tower This created the Prairie Stone Business Park. Since this park was known to be rich in developable property, Hoffman Estates continued to attract corporate giants such as Siemens and AT&T. Travelers aren't far behind whenever Fortune 500 companies build their corporate headquarters in the area, so the community welcomed another lodging facility, known as the LaQuinta Inn and Suites.
Recently, the Hoffman Estates Chamber of Commerce enacted a comprehensive strategic plan intended to ensure the retention and vitality of every business in the membership.
On September 19, 2009, Hoffman Estates celebrated its 50th birthday, while its Chamber of Commerce celebrated its 19th anniversary. Although on this date in 1959, the community was originally incorporated, 1954 was the year that actually brought the birth of the Hoffman Estates as it is known today. The property was located at the corner of Golf and Higgins Roads and was comprised of half acre lots.
In 1954, two of the owners of the Father and Son Construction Company bought a 160 acre farm for use as the land for a subdivision. The property was located at the corner of Golf and Higgins Roads and was comprised of half acre lots. In late 1955, the first homeowners arrived. In 1955, about 8,000 residents voted to incorporate and soon thereafter a charter was issued as an ever increasing number of people decided to make this community their home.
Between the 1960's and the 1970's, Hoffman Estates expanded considerably. This resulted in increased growth in public facilities, such as community departments, library branches, and schools as well as residential developments. By 1970 the population was 22,000 people, by 1980, the population was 27,000 people, and by 1990, the population was 46,363 people. Between the late 1980's and the early 1990's, the community experienced a transformation to a community that attracted businesses of all types from a residential community. Modern business parks, major business headquarters, new retail complexes, and a new hospital arrived in Hoffman Estates.
Over time, several of the major roadways in the community have evolved and been developed. As a mean to travel around, from, and to Chicago, in the late 1950's, the Tollway system was built. The region was opened up greatly in order to access the burgeoning community of Hoffman Estates with the completion of Interstate 90.
The Red Roof Inn, LaQuinta Inn, Hilton Garden Inn, Hampton Inn and Suites, Hyatt Place, Comfort Inn, and Candlewood Suites are all available in Hoffman Estates. These hotels are centrally located in the community and only minutes away from the major attraction in the region, including shopping and entertainment districts, major business centers, and restaurants. There are more than 1,200 guestrooms available within the community of Hoffman Estates. The majority of these hotels also provide shuttle service within a five mile radius to various locations.
The close proximity to the vibrant Chicago area, O'Hare International Airport, and more than 700 businesses make this community an ideal location to stay for business or fun. The hotels in the region are equipped with numerous amenities that will meet the needs of any guest, from meeting spaces and business centers to exercise facilities and indoor swimming pools.
Find One who Knows the Other Side
In addition to representing debtors for over 30 years, John Redfield served as a bankruptcy trustee, representing the Hoffman Estates bankruptcy estates for 15 years. His knowledge of both sides of bankruptcy allows him to more effectively represent those in need of debt relief. Put this knowledge to work for you.
John H. Redfield and Associates is ready to help you get relief from the burden of uncontrollable debt, so contact a bankruptcy attorney today for your own personal consultation.