Is Bankruptcy Right For Me?
Answers from a Chicago Bankruptcy Attorney
If you have been struggling financially and you are unsure of where you can find answers and a support system that you deserve, you have come to the right place. You may be wondering if bankruptcy is the right option for you and how it can truly help you. As an attorney with extensive experience under his belt, our founder Joseph P. Doyle can help address some of your concerns regarding the bankruptcy and debt relief process.
As a Chicago bankruptcy law firm, we have the skills and knowledge necessary to help you understand the bankruptcy process, from the initial recognition that bankruptcy may be needed to the finalization of the filing. Coming to our office to speak with a Chicago bankruptcy lawyer is the first step that should be taken during the bankruptcy process. Second, your attorney will help you determine if bankruptcy is the right option for you by using a few simple measures. It is important to keep in mind that choosing an alternative to bankruptcy will always be a case by case basis. Alternatives to bankruptcy including the following:
Despite the path you choose, our firm is here to support you every step of the way. Upon talking to our legal team, you will realize that we are here to help you find a debt free future!
Debt Relief & Bankruptcy Lawyer in Chicago
Should you choose the path of bankruptcy, our firm will be able to provide you with the bankruptcy information that you need to properly file and find a flourishing financial future. Following the bankruptcy timeline, you will first need to take the means test. This test will determine whether you can file for Chapter 7 bankruptcy or Chapter 13 bankruptcy. If you pass the means test and fall below the median income level for Illinois, you will be able to file Chapter 7. Though, if you make more than the median income level, you will have to file for Chapter 13 bankruptcy, which essentially allows you to restructure your debt into affordable payments over the next 3 to 5 years.
When you have questions regarding bankruptcy and the debt relief process, turn to the team at our law firm to get the answers you deserve. We offer a free bankruptcy evaluation in which you can privately discuss your financial situation and have some of your questions answered by a bankruptcy attorney. We serve clients all throughout Chicago and surrounding communities of Elgin & south Elgin, West Chicago, Aurora, Carpentersville, Streamwood, Carol Stream, Hanover Park, Roselle, Bartlett, Des Plaines, and Mt. Prospect.
To find out if bankruptcy is right for you, contact a Chicago bankruptcy attorney from our firm today!