Chicago Bankruptcy Lawyer

Blog Posts in October, 2012

  • What do I Bring to My Meeting of Creditors?

    Regardless of whether your case is a Chapter 7 or Chapter 13 bankruptcy, you will need to bring your driver's license and social security card to your meeting of creditors. If you do not have a driver's license, you must bring a government issued photo I.D. If you filed a Chapter 13 bankruptcy, you will also need to bring paystubs earned between the period you filed your case and the actual date ...
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  • How Long Will My Chapter 7 Bankruptcy Take?

    One of the more common questions asked by clients is how long their Chapter 7 Bankruptcy case will take. As a general overview, a Chapter 7 bankruptcy lasts about 120 days from the date the petition is filed in United States Bankruptcy Court until the date a discharge is issued in the case. The more important question in this regard, however, is when clients will begin to see relief in the filing ...
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  • What is a 341 Meeting of Creditors?

    The 341 Meeting of Creditors is a meeting scheduled shortly after your Chapter 7 bankruptcy case is filed. At this meeting, your Chapter 7 bankruptcy trustee, which was assigned to your case when you originally filed, will take sworn testimony from you regarding the information you included on your petition when you filed your case. The reason this is called a Meeting of Creditors stems from what ...
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  • What Happens If You Don't Pay Your Debt?

    When you don't pay your debt, debt collectors and collection agencies can both report your debt to credit bureaus and also pursue legal options. These legal remedies can include filing a lawsuit in either state or federal court; obtaining a judgment; and any attempts to collect on judgments. These attempts to collect after a judgment has been entered can include garnishments, citations, ...
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  • Welcome to our Chicago Bankruptcy Blog

    We are pleased to announce the launch of our Chicago Bankruptcy blog with an RSS feed available here.
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