Law Firm Anderson Associates Attorneys Schaumburg Illinois Bankruptcy Law Lawyers

b”Law Firm Anderson & Associates Attorneys Schaumburg Illinois Bankruptcy Law Lawyers
Practice Areas Family Law Few legal areas are as emotionally charged as family law, primarily for the litigants, but also for the lawyers and judges involved in the case, and even the public at large. Clients involved in family law disputes need both personal and professional support through times that are highly emotional, but require calm and reasoned decision-making. The family law attorneys at Anderson & Associates, P.C. have the ability and experience to handle all of your family law needs, from the detailed management of a complex marital property dispute to the sensitive advocacy needed in an emotionally charged child custody proceeding. We stress both litigation and Alternative Dispute Resolution (ADR) methods such as mediation in our practice, and represent clients in a full range of family law matters, including: Adoption

Divorce

Paternity

Child custody

Child support

Visitation and placement

Marital assets and property division

Temporary orders

Premarital or prenuptial agreements

Domestic abuse and domestic violence

Child abuse and child protection

Orders of protection and restraining orders

Maintenance, spousal support, and alimony

Post judgment modifications

Retirement benefits

State and international child removal proceedings

Uniform Child Custody Jurisdiction Act (UCCJA) litigation

Bankruptcy As part of our business and commercial law practice, we represent individual and commercial clients in bankruptcy proceedings. We represent both debtors and creditors in the following matters: Chapter 7 liquidations

Chapter 11 restructuring and reorganization

Chapter 13 restructuring and reorganization

Assignments

Foreclosures

Workouts and debt restructuring

Replevins and repossessions

Cram-down litigation

Litigation involving leases and contracts

Debtor-in-possession financing

Cash collateral stipulations

Asset sales

Valuation proceedings

Automatic stay litigation

Involuntary petitions

Bankruptcy appeals

Debtor/Creditor Law — Bankruptcy Alternatives We represent debtors, creditors, and other interested parties in court proceedings at the Illinois state and federal court level, in out-of-court workouts, and, as noted above, in federal bankruptcy cases. Our attorneys represent debtors and creditors in a wide range of contexts, including: Pre-bankruptcy counseling

Creditor negotiations

Collection litigation

Judgment enforcement

Workouts and debt restructuring Our attorneys take a practical approach to bankruptcy and creditor/debtor law, recognizing the cost and risk of litigation, and the significant value of a speedy resolution of disputes. We begin with a thorough review of the loan, sale, or lease transaction involved, analyzing credit and collateral risks, the possibility of counterclaims, defenses, and the likelihood of a timely and cost effective litigation remedy. Our attorneys then develop and implement a litigation strategy, while simultaneously pursuing reasonable negotiated settlements. We believe that our approach of pursuing both litigation and appropriate negotiation strategies, maximizes benefits to clients, while reducing both legal expense and litigation risks.

Estate Planning Many people avoid proper estate planning because they do not like thinking about death. Estate planning is generally considered the process by which people develop a plan that ensures that the assets they have worked so hard accumulating during their lifetime are protected and distributed to those they love. Without proper estate planning, the Internal Revenue Service (IRS) stands to inherit a large portion of your assets. Fortunately, its not too late to write the IRS out of your will. We can help you implement a variety of advanced tax strategies to keep your assets out of the hands of the IRS. Our firm handles a variety of estate planning matters and advises our clients so as to gain the maximum benefit of all laws while, at the same time, carrying out the persons wishes. Areas of aptitude include: Wills and Trusts

Powers of Attorney

Medical Powers of Attorney

Guardianships

Living Wills and Trusts

Life Insurance Trusts

Family Limited Partnerships

Educational Trusts

Bypass Trusts

Charitable Remainder Trusts

Generation-Skipping Trusts

Business Succession and Insurance Planning

Medicaid Planning

Special Needs Trusts

Probate and Estate Administration Logically following estate planning is probate and trust administrationputting the plan into operation. We represent fiduciaries and beneficiaries in Illinois probate courts by filing the necessary pleadings to admit a decedent’s will to probate, preparing all documents and filings required under Illinois laws and procedures, and preparing income tax returns for the estate, as well as any required estate tax returns. Trust administration does not usually require court pleadings or filings, but many of the same administration, distribution and tax issues are present and require attention. In this area, we counsel fiduciaries regarding the rights and interests of beneficiaries, and recommend steps or actions to help the fiduciary operate the trust in compliance with the appropriate fiduciary laws and avoid personal liability for their actions, or inaction. Experience enables us to counsel surviving spouses and children during this transition and help them make sound legal decisions for their future.

Logically following estate planning is probate and trust administrationputting the plan into operation. We represent fiduciaries and beneficiaries in Illinois probate courts by filing the necessary pleadings to admit a decedent’s will to probate, preparing all documents and filings required under Illinois laws and procedures, and preparing income tax returns for the estate, as well as any required estate tax returns. Trust administration does not usually require court pleadings or filings, but many of the same administration, distribution and tax issues are present and require attention. In this area, we counsel fiduciaries regarding the rights and interests of beneficiaries, and recommend steps or actions to help the fiduciary operate the trust in compliance with the appropriate fiduciary laws and avoid personal liability for their actions, or inaction. Experience enables us to counsel surviving spouses and children during this transition and help them make sound legal decisions for their future. Real Estate Real estate developers, investors and lenders come to Anderson & Associates, P.C. for our business approach to real estate transactions and understanding of their needs. They stay with us because of the reasonable fees that result from our size, location and efficient staffing of real estate transactions and related litigation. We represent buyers and sellers in all types of commercial and residential projects. Our clients include both sophisticated real estate players and relative newcomers, and we tailor our services accordingly. Our services extend to the following areas: Contract negotiation

Preparing purchase agreements, deeds, and bills of sale

Title opinions and insurance

Closings

Income, estate, and gift tax ramifications

Commercial and retail leases

Financing

Zoning, land-use, and development

Construction law

Workouts of troubled real estate projects

Family Law | Divorce | Child Custody | Child Support | Practice Areas | Attorney Profiles | Bankruptcy FAQs | Family Law FAQs | Web Resources | Driving Directions | Home The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Copyright 2003 by Anderson & Associates, P.C. . All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement.”

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