City of Chicago’s New Ordinance Regarding Parking Tickets

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Effective January 1st, there is new help for Chapter 7 debtors who owe money to the City of Chicago for  parking tickets and related fines.  A new Ordinance, sponsored by Mayor Emanuel provides in part that:

Payment Plan:

An eligible bankruptcy debtor may establish a payment plan to repay fines that were incurred within three years of the Chapter 7 bankruptcy filing.  These fines will be reduced to the principal only and can be paid over a series of 6-12 months.

Waiver of Fines & Penalites:

If the debtor completes the payment plan and receives a discharge in bankruptcy, the City of Chicago will waive any fines, penalties and fees that were incurred more than three years prior to the Chapter 7 filing date.

To learn more about your rights and opportunities under this new Ordinance, please call the office of Attorney David M. Siegel at (847) 520-8100 or (773) 276-6969.  We can discuss your matter over the telephone or in person without charge or obligation.

Call 1 (847) 520-8100ORFREE INITIAL CONSULTATION
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