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David M. Siegel Law
Attended University of Illinois at Urbana-Champaign
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Occupation
Attorney at Law
Skills
Divorce & Bankruptcy Law
Contact Information
Work
Phone
847-520-8100
Address
790 Chaddick Drive Wheeling, IL 60090 19 South LaSalle Street, Ste. 707 Chicago, IL 60603 10540 S. Western Ste. 202 Chicago, IL 60643 2835 Belvidere Ste. 202. Waukegan, IL 60085 54 N. Ottawa Ste. 310 Joliet, IL 60432 1700 N. Farnsworth Ave Aurora, IL 60505
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Bankruptcy & Family Law Practicing In Chicago Since 1991
Introduction
Dave is an attorney and owner of David M. Siegel & Associates, a law firm handling Chapter 7 and Chapter 13 bankruptcy cases throughout Chicago and its suburbs.  Office locations include Chicago LoopChicago SouthWheelingWaukeganJoliet and Aurora.  He is the author of “Chapter 7 Success: The Complete Guide to Surviving Personal Bankruptcy.”  He is a member in good standing of the bar of the State of Illinois and current member of the American Bankruptcy Institute.  Practicing since 1991, he has counseled well over ten thousand individuals with respect to Chapter 7 and Chapter 13.

Education
  • University of Illinois at Urbana-Champaign
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David M. Siegel Law

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'There is a huge misconception out there that basically states that in order to file for bankruptcy relief you have to be penniless. This misconception stems from the fact that most people are not aware of Illinois personal property and real property exemption laws.' - David Siegel
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Today is the 9 year anniversary of bankruptcy reform. What has caused filings to decrease so rapidly since the enactment of new laws? Prudent lending. Lenders had the ability to curb filings all by themselves. Reform was unnecessary.
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You always have the ability to switch bankruptcy attorneys if you are not satisfied with your current attorney. Depending upon which type of bankruptcy case you have filed will determine whether or not it makes good sense to make the switch.
You always have the ability to switch bankruptcy attorneys if you are not satisfied with your current attorney. Depending upon which type of bankruptcy case
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David M. Siegel Law

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If you or someone you know is struggling financially with mortgage arrearages or other debt, talk to a bankruptcy professional as soon as possible. There are options available for you. If you delay, some of those options come off the table! 
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You're capable of preventing wage garnishment. Understand how here!
There are several ways to stop a wage garnishment. One of the ways that I deal with on a daily basis is by filing chapter 7 or chapter 13 bankruptcy for
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If a Chapter 7 Section 341 meeting is scheduled for 1:30 PM, shouldn't the meeting conclude before 4:30 PM?  Not if you live an hour West of Chicago and your Trustee decides to research home values during the meetings.  Where is the training I wonder?
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2 new legal action television shows were just taped.  Both involved detailed fact scenarios in the areas of bankruptcy and divorce with answers to pressing questions.  When you can see and feel the struggles that people are going though you become much more grateful for the relative peace that you have in your life.  
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When you file a chapter 7 bankruptcy, you are basically telling creditors that you have no significant assets from which to pay them. To prove this, on your bankruptcy petition you must list all of your property of every nature. You are then allowed to protect or exempt a specific amount of property depending upon which state you live in. Each state has a different dollar amount that can be protected. In the state of Illinois, the amount that you can protect is much less than most other states.
When you file a chapter 7 bankruptcy, you are basically telling creditors that you have no significant assets from which to pay them. To prove this, on your
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Joliet has always been a tough, blue-collar, hard-working town in Will County, Illinois. When times are tough in the state of Illinois, they are especially tough in Joliet. And times have been really tough lately. The housing market has not recovered in this area. The job market certainly has not recovered in this area. People are paying more for food, clothing, gas and they are taking home less. This type of climate leads one to explore other avenues of credit. These include credit cards, payday loans, title loans, unsecured loans and borrowing from friends and family. What we are looking at is a perfect storm leading to bankruptcy.
Joliet has always been a tough, blue-collar, hard-working town. However, when times are tough in the state of Illinois, they are especially tough in Joliet.
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Will my employer find out if I don't do payroll control?  Many people are afraid to let their job know about their bankruptcy filing. Sometimes it's inevitable in that the employer needs to know about the bankruptcy to stop a garnishment. In many cases, the employer does not need to know. We first must determine whether or not we are filing a chapter 7 or chapter 13. #Bankruptcy  
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How To Build #Credit   After #Bankruptcy   
One of the things most people want to know when considering bankruptcy is how soon after filing bankruptcy can they obtain credit. The answer to this will vary from case to case but there is a relatively simple formula to follow.
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Per Treasury Secretary Lew, HAMP was extended for another year.  If you have not yet applied for a modification, you still have time.
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