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Chicago, IL 60601

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O'Keefe Rivera & Berk, LLC Attorneys at Law

Real Estate & Bankruptcy Attorneys with offices in Chicago, Oak Lawn, & Joliet.

Bankruptcy Law August 24, 2019

New City of Chicago parking ticket forgiveness program is the most dramatic and positive change for Chicago area bankruptcy filers in the past 10 years

On January 1, 2019, the City of Chicago implemented a new bankruptcy parking ticket and speed camera ticket policy, called, “FRESH START,” marking the most dramatic change to benefit our bankruptcy filers in the past 10 years. The policy gives you the opportunity to discharge ALL of your parking tickets which were issued more than 3 years ago. […]

Uncategorized October 10, 2018

Student Loan Companies try to take advantage of Chapter 13 Clients by cancelling income based repayment plans. We won’t let them.

Chapter 13 Bankruptcy clients who are in the income based repayment (“IBR”) program for their student loans are at risk of having those plans cancelled by the lenders during their Chapter 13 cases.   What this means is that upon filing the Chapter 13, the lender will place the loan into a forbearance status, continuing […]

Short Sales as an Alternative to Bankruptcy

We’re now in 2018, and many properties have regained market value since the financial crisis of 2008, which caused a short sale boom.   However, in  the Chicago area, many properties continue to be underwater, meaning that their market values are less than the balance owed to the mortgage lienholders.    So, while not a […]

Real Estate Law September 19, 2017

Real Estate buyers, was the property a mess on your walkthrough? Here’s what we can do.

  THE MESS Imagine yourself on closing day. You’re nervous. You’re excited. You’re going on 2 hours of sleep. After all, you’re about to make the largest investment of your lifetime. You meet your agent at the house for your walkthrough, planning to do a little mental decorating before the closing.  You’ve even been watching […]

Real Estate Law August 29, 2017

Own your home? A new Illinois law allows you to pass it to your heirs without probate.

I GET so many calls at the office from people who want to know how they can get the title to a property they have inherited placed in their name. And then I have to give the ugly bad news, because the answer usually is: PROBATE. Probate is a process by which assets are transferred […]

Bankruptcy Law August 24, 2017

A recent success with student loan bankruptcy discharge

It’s pretty well known that discharging student loans in bankruptcy is really, really tough. The standard from the bankruptcy code is that the client must have an undue hardship, meaning that the client couldn’t meet a basic standard of living if forced to repay the loans. Plus the client must have made an attempt to […]

Newsletter August 24, 2017

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Bankruptcy Law January 23, 2017

How will President Trump affect personal bankruptcy?

Over the past several days, many people have asked me for my opinion on how Donald Trump’s administration might affect the world of personal bankruptcy. One might assume that Trump, having utilized the bankruptcy code to his advantage on more than one occasion, would be a friend to personal bankruptcy during his presidency. This would […]

Bankruptcy Law November 9, 2016

Tenancy by the Entirety and Chapter 13 Bankruptcy

Recently, our clients, a married couple, presented me with a seemingly impossible task. The Clients were struggling under the weight of over $300,000 of credit card debt, yet, they also had over $160,000 in equity in a marital home. Due to their poor credit, the clients could not refinance or borrow against the home to […]

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CONTACT INFO
  • O’Keefe, Rivera & Berk, LLC
    55 West Wacker Drive, Suite 1400
    Chicago, IL 60601
  • Ask about our free parking
  • Phone: 312.758.1121
    Fax: 312.212.5963
    Email: info@orb-legal.com
  • By Appointment Only:
  • 5620 West 95th Street
    Oak Lawn, IL 60453
  • 50 S. Main Street, Suite 200
    Naperville, Illinois 60540


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