Phone: 312-759-2838
Fax: 312-759-0298
Forrest L. Ingram's Websites:
www.forestingram.com
Counties Served:
| Cook | Du Page |
Areas of Practice:
Bankruptcy
Chicago Illinois Bankruptcy Lawyer Forrest L. Ingram
Filing bankruptcy is a major decision, witih many benefits, including to stop foreclosure, wage garnishment and creditor harassment. Filing bankruptcy will immediately get the creditors off your back. With Chapter 7, most debts are able to be discharged. In Chapter 13, a payment plan can be established. Either way, your financial situation will be greatly improved.
Bankruptcy Attorney Forrest Ingram in Chicago is here to help you. With our extensive experience in bankruptcy, we know this complicated law well. Our Lawyers have included information on this site to help you decide if bankruptcy is right for you as well as exactly what bankruptcy is.
Our Firm’s motto, “Friendly and Professional”, describes how our attorneys and staff at Forrest L. Ingram, P.C., view the services we perform for clients. Our Firm has experienced that clients are often uneasy, upset, anxious, doubtful, angry, or at sea when they seek our Firm’s help. Our Firm’s lawyers and staff seek to put each client at ease, to listen attentively and respectfully to what the client says, to understand what the client’s problems with exacting professionalism, analyzing the facts and researching relevant law in order to devise the best strategy for achieving the client’s goals.
Forrest L. Ingram, the founder and president of the professional service corporation Forrest L. Ingram, P.C., began concentrating in bankruptcy law in 1981 as an independent associate of J. Barton Kalish Associates, a bankruptcy boutique firm. From 1981 through 1984, he handled every aspect of bankruptcy – chapters 7, 13, and 11. At the same time, he built up a practice in civil litigation and appeals.
From 1984 to 1986, he worked as an independent associate of Mark R. Ordower Associates, handling numerous bankruptcy and civil litigation matters for his own clients as well as for those of the Ordower firm. In November 1986, he joined the renamed firm of J. Barton Kalish Colleagues, again concentrating primarily on bankruptcy matters. In January 1994, Mr. Ingram founded Forrest L Ingram, P.C. He began adding attorneys to the Firm in 1996, among them Julie A. Boynton, and the Firm eventually grew to five attorneys. After a period of attrition and retrenching during 1999 and 2000, the Firm began growing in 2001 with the addition of Martin B. Tucker.
The Firm’s motto, "Friendly and Professional", describes how the attorneys and staff at Forrest L. Ingram, P.C., view the services they perform for clients. The Firm has experienced that clients are often uneasy, upset, anxious, doubtful, angry, or at sea when they seek the Firm’s help. The Firm’s lawyers and staff seek to put each client at ease, to listen attentively and respectfully to what the client says, to understand what the client’s problems with exacting professionalism, analyzing the facts and researching relevant law in order to devise the best strategy for achieving the client’s goals. The Firm will tell the client what it believes the client can and cannot achieve by legal action. The Firm does not advise clients to undertake any legal action which it does not believe will be effective and financially beneficial. The Firm’s attorneys and clerks maintain strict time records of services offered at an hourly rate, and attach detailed time sheets to invoices so that the client may clearly understand for what services he or she is being charged. The Firm keeps the client informed of the status and progress of his or her case, and always seeks the client’s approval of any settlement or other action affecting the outcome of the client’s matter.
Bankruptcy is a legal method of eliminating debt and providing a means for debt-oppressed people to obtain a "fresh start." In many cases, bankruptcy means the elimination of the debt that you owe to your creditors. They are two primary forms of bankruptcy, Chapter 7 and Chapter 13.
Why is it legal to file bankruptcy?
More so than in any other time in our country's history, our economy is based on consumer debt. In fact, in this age of multibillion dollar corporate bailouts, easy credit and relentless bombarding of seductive messages cajoling us to "charge, consume, buy" it is not surprising that so many people are drowning in debt.
For many of us, this debt is insurmountable and is causing family problems and feelings of hopelessness and even suicide. With credit card interest rates of 18-27%, many feel like modern day indentured servants. Many times, the debt is occasioned by unforeseen events such as loss of a job or medical bills, but more often it is simply poor planning. Nevertheless, in instituting our bankruptcy laws, Congress recognized that responsible, well-intentioned people could from time to time run into financial problems. By allowing you to recover from your debt burden you will be able to start afresh, look to the future and become a more productive member of society. This is good for you and good for society as a whole.
Representing clients throughout Illinois: Chicago, Aurora, Addison, Chicago Heights, Joliet, Hinsdale, Plainfield, Rolling Meadows, Des Plaines, Schaumburg, Palatine, Elk Grove Village, Hoffman Estates, Arlington Heights, Mount Prospect, Hanover Park, Streamwood, Prospect Heights, Wheeling, Wheaton, Waukegan, Inverness, Barrington, Buffalo Grove, Elgin, Bartlett, Itasca, Bloomingdale, Wooddale, Cook County, DuPage County, Lake County, McHenry County, and Will County
Creditors are subject to state law provisions incorporated into bankruptcy cases. If a bankruptcy court lifts the automatic stay and permits a specific creditor to seize and liquidate property subject to a lien, creditors must obey all state law limitations on collection practices. For more information, see legal assistance for debtors. Also, all statutory provisions depend on conformity with the prohibition against fraudulent conversions creating exempt property.
