Mount Prospect Bankruptcy Lawyer
Our experience as a Mount Prospect bankruptcy lawyer helps you
- John H. Redfield is a Mount Prospect bankruptcy lawyer and former bankruptcy trustee with more than four decades of experience
- Our law firm handles all varieties of bankruptcy, including Chapter 7, Chapter 11, and Chapter 13
- We can also assist with corporate dissolutions and assignments for benefit of creditors
- Your property values, size of your business, and debt amount will factor into your Mount Prospect Bankruptcy Lawyer retainer fee
- By catering to each client's unique needs, we help determine what kind of bankruptcy will be most effective
- We work on a case by case basis, so get help from a qualified Mount Prospect bankruptcy lawyer today
For business owners considering a Chapter 7 corporate bankruptcy, a business dissolution may offer an attractive alternative that can save both money and time.
For over 40 years, John H. Redfield has represented Mount Prospect residents in need of a bankruptcy lawyer who could guide them toward a more promising financial future. As a former CPA and bankruptcy trustee, John H. Redfield has the real-world experience needed to help with both individual and business bankruptcy.
Contact our office today at (847) 382-1220, or fill out our online form, and speak with a Mount Prospect bankruptcy lawyer who will make the bankruptcy process as painless, easy, and affordable as possible. We are experienced and qualified lawyers, fully capable of handling bankruptcy cases for individuals, homeowners, and business owners.
If you're thinking about filing for bankruptcy but don't know if it is the right step for you, ask yourself these questions:
- Do creditors constantly harass you about paying your debts?
- Is your business failing due to a loss in profit?
- Are IRS tax collectors always calling you?
- Are you facing foreclosure on your house or office building?
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.
What Type of Bankruptcy Should I File?
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.
Mount Prospect Tidbits
Mount Prospect, IL, which is a northwest suburb of Chicago, offers a strong base of professional and retail businesses, an extensive school system, and a diverse population of about 56,000 people. These days, Mount Prospect today is an independent community that can rival the comforts of any small town.
Mount Prospect was a considerably different place at one time. Although there aren't many specifics known about the original inhabitants of the region were tribes of American Indians. There is little known about the Mississippian, Woodland, and Archaic, periods, there is a reason to believe that there might have been seminomadic or temporary settlements in this region. The Potawatomi tribe inhabited this area by the early 1700's although there was no period of extensive trade. As significant settlement in the Mount Prospect area did not begin until few years following the conclusion of Black Hawk's War and the 1833 treaty with the Potawatomi there was limited contact between groups. Although there isn't an extensive set of resources on the subject on the first residents of Mount Prospect, they remain l an integral part of the historiography of the area.
The first American Pioneers found wide open spaces covered with prairie grasses when thy first arrived in what is currently known as Mount Prospect. The first American pioneers to arrive in the region and clear the land and establish farms were northerners. However, by about 1850 or within fifteen years, the majority of these first pioneers left the region. Some were headed for the coasts, some went further west, and some were simply adventuresome. In addition, some of these pioneers headed west for the California Gold Rush, and found the west too lonely and headed back to New England.
German immigrants were the second group to arrive in this region. During the 1840's, the largest wave of German immigrants arrived in America, which loosely coincided with the major Irish immigration. The Irish tended to move further east than the Germans. The German immigrants often established communities in the west that were made up entirely of Germans. This is the story of Mount Prospect. It was primarily settled by Germans from the southern Germanic states, who were nearly entirely Lutheran. These Germans came to America intending to preserve their cultural and religious traditions.
Shortly after the first Germans arrived in 1848, the Saint John Lutheran Church was established. The community went on to develop as a farming and German speaking community.
The railroad arrived in the community in 1850. Things started to change although the community preserved its cultural integrity. The farmers could travel to close by communities, such as Arlington Heights and sell their goods, although there wasn't any train station in Mount Prospect. There was a considerable change in the kind of farming, transitioning to commercial farming from substance farming specializing in many different kinds of produce and dairy farming. Although this process began during the 1850's, the full potential of the process wasn't fully realized until they had their own railroad station in Mount Prospect. A man named Ezra Eggleston decided to build the railroad station as well as the community. In 1874, Mr.Eggleston purchased the majority of the property where the downtown of Mount Prospect is currently located. He intended to lay roads, and then build a railroad station, and then divide the property up into small tracts to sell at a profit. He also named the community of Mount Prospect. The name mount was given since the land is located on some of the highest land in Cook County, and the name prospect Mount Prospect, IL, which is a northwest suburb of Chicago, offers a strong base of professional and retail businesses, an extensive school system, and a diverse population of about 56,000 people.
Although there aren't many specifics known about the original inhabitants of the region were tribes of American Indians. There is little known about the Mississippian, Woodland, and Archaic, periods, there is a reason to believe that there might have been seminomadic or temporary settlements in this region. The Potawatomi tribe inhabited this area by the early 1700's although there was no period of extensive trade. Although there isn't an extensive set of resources on the subject of the first residents of Mount Prospect, they remain as an integral part of the historiography of the area.
The war of 1812 is the first thing to consider when considering the establishment of the community of Mount Prospect. It was because of unfair trade that the US got into this war. The British restrictions put on American lives being lost during the French/British war and US trade being lost that the US had to take dramatic steps. With a fleet of three Navy ships ,the US then declared war on the largest Navy in the world, namely England. The result was that the American businesses collapsed, the capital was burned, and the entire coast of America was blockaded. However, America actually won that war and received concessions. America had begun looking west and for many people this meant eventually looking to Mount Prospect.
The railroad arrived in the community in 1850. Things started to change although the community preserved its cultural integrity. The farmers could travel to close by communities, such as Arlington Heights and sell their goods, although there wasn't any train station in Mount Prospect. This resulted in an increase in the specialization of the farming community. There was a considerable change in the kind of farming, transitioning to commercial farming, specializing in sugar beets, mushrooms, onions, and dairy from subsistence farming. Although this process began during the 1850's, the full potential of the process wasn't fully realized until they had their own railroad station in Mount Prospect.
By 1990, the population of the community was about 56,000 people. These days, Mount Prospect is a solid middle class suburb of Chicago that offers an ever increasing diverse population that represents several different political opinions, ways of life, educational levels, and ethnic groups.
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 Mount Prospect 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.