How to Choose the Right Bankruptcy for the Facts at Hand
Perhaps the most important decision in bankruptcy is selecting the appropriate filing type for your client's unique needs. Depending on assets and income, the determination can be complex, and failing to make the right choice can have serious down-the-road implications. Learn by example as our distinguished faculty discuss which bankruptcy type is the best fit for hypothetical fact patterns. Register today!
Explore the pros and cons of Chapter 7, 11 and 13 bankruptcies.
Determine which bankruptcy you should file based on the particular facts of a case.
Learn what to focus on during your financial review.
Get best practices for close calls, common mistakes, non-bankruptcy options and difficult conversations.
JOHN C. RUDDY is a managing member for Ruddy, King & Petersen Law Group, LLC, in Aurora, Illinois. Mr. Ruddy concentrates his practice in the areas of litigation concerning real estate, bankruptcy reorganization, commercial matters, eminent domain and consumer disputes. He has been in practice since 1977. Mr. Ruddy advises and represents the firm's clients on real estate foreclosure proceedings, including the implementation of sheriff's sales. He also advises and represents loan borrowers on defenses and counterclaims to mortgage foreclosure proceedings, including the Fair Credit Agreements Act, the Real Estate Settlement Protections Act, the Truth in Lending Act, the Fair Debt Collection Practices Act and the Illinois Consumer Fraud Act. Mr. Ruddy earned his undergraduate degree from the University of Denver and his J.D. degree from John Marshall Law School. He has been the chairperson of the Commercial Banking and Bankruptcy Committee of the Kane County Bar Association from 1994 to the present and is a former bankruptcy trustee.
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