Is Bankruptcy Right for Me?
Chicago Bankruptcy Attorney: Bankruptcy or an Alternative?
If you are struggling to pay your bills, harassed by creditors, and overwhelmed
by the amount of debt you have,
bankruptcy is an option to consider. It can provide much needed relief for many consumers
in stressful financial situations. However, bankruptcy is not the right
choice for everyone. It does have certain consequences, and in some cases
alternatives to bankruptcy might provide the best option. Your best course of action is to consult
with a knowledgeable Chicago bankruptcy attorney. When you work with our
firm, we will carefully assess your financial situation to find the best
avenue for getting you out of debt and into a more positive financial
situation. Each of our lawyers has more than a decade of experience. We
have the skill and dedication to provide the debt relief solution you
need and to guide you through every step of the process. Our firm is committed
to helping our clients achieve financial freedom.
Our Chicago bankruptcy lawyer can evaluate your case.
Our firm provides a free
case evaluation so we can help you determine if bankruptcy or another debt relief option
is right for you. You may be a candidate for bankruptcy if any of the
following applies in your case:
- You are seeking relief from unsecured debt
- You want to stop creditor harassment
- You are using credit cards for day-to-day expenses
- You are living from paycheck to paycheck
- You are taking money from savings or borrowing to make payments
It is important to note that there are two different chapters under the
U.S. Bankruptcy Code through which individual debtors can file bankruptcy -
Chapter 7 and
Chapter 13. There are certain income limits for Chapter 7 filers and not all debtors
qualify. Which type of bankruptcy is best for you depends on your income,
the type and amount of debt you have, and how much property you want to
protect. Consult with our seasoned Chicago bankruptcy attorney to determine
if and which type of bankruptcy is right for you.
Contact the firm to find out if bankruptcy is right for you.