Chicago Bankruptcy Attorney
Bankruptcy Overview
Bankruptcy is process often involving the timely elimination of an individual's surmounting amount of debt. However, bankruptcy will not be for everyone, so make sure you consult with a skilled and seasoned
Chicago bankruptcy attorney at our firm before making any life changing financial decisions.
The firm is capable of helping you file for Chapter 7 bankruptcy or
Chapter 13 bankruptcy, along with answering all of your
frequently asked questions. The firm has been serving the Chicago community for years and provides a compelling defense against
creditor harassment and abusive collectors.
Whether you are looking to find answers of the unsolved myths of bankruptcy, or you are curious as to the
timeline bankruptcy follows, our firm does it all. We provide information for sufficient
credit counseling, which is required to file for bankruptcy, and we can even help you get back on your feet and build a life after bankruptcy.
For more information, please click on a link below:
Debt Relief
Facing overwhelming amounts of debt is no doubt a difficult situation to face. In addition to being constantly stressed to make payments each month without falling too far behind, you may be receiving notifications or calls from abusive creditors. When you need quick debt relief, you need to talk to a bankruptcy lawyer. Click here to read more about debt relief.
Bankruptcy Timeline
As per the bankruptcy timeline, a debtor must follow certain rules and complete counseling before filing for bankruptcy. After, the debtor can then relieve his or her debts through a given chapter in the bankruptcy code, most likely Chapter 7 or Chapter 13. Click here to read more about the bankruptcy timeline.
Chapter 7
When filing for Chapter 7 bankruptcy, a debtor can relieve their debt through a quick and virtually painless liquidation process. This type of bankruptcy is available for consumers who make below the median income level and are struggling to pay back debt. Click here to read more about Chapter 7 bankruptcy.
Chapter 13
A person who fails the means test and has an income greater than the median of that in Illinois will be able to file for Chapter 13 bankruptcy. This chapter of bankruptcy allows a debtor to restructure their payment plans into affordable payments over the next three to five years. Click here to continue reading more about Chapter 13 bankruptcy.
Credit Counseling
As a crucial aspect of any bankruptcy case, those who qualify for bankruptcy and are considering it as an option of debt relief must complete a briefing with a certified credit counseling agency. A failure to do this within 180 days prior to filing will result in a rejection of your bankruptcy case. Click here to learn more about credit counseling.
Bankruptcy Myths
There are many bankruptcy myths out there, including that bankruptcy is only for irresponsible people, that bankruptcy will harm your credit score, and that you will never be able to improve your credit in the future. Let our attorney tell you the difference between the facts and fiction! Click here to read more about bankruptcy myths.
Bankruptcy FAQ
Do you have many questions regarding bankruptcy and the debt relief process? No problem! Our firm can answer all of your questions on our frequently asked questions page. For further questions, call our office to schedule a free consultation with a Chicago bankruptcy lawyer. Click here to read more about bankruptcy FAQ.
Life After Bankruptcy
Wonder what your life could be like in a world of no debt and financial success? Let our firm show you! With our help, you can file for bankruptcy and experience a debt free future! Call us today to find out how you can succeed in your life after bankruptcy. Click here to read more about life after bankruptcy.
Most importantly, do not forget to contact a Chicago bankruptcy lawyer at our firm for superior legal representation in your debt relief case.