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Should I Consider Chapter 13?

While it may seem ideal to just file for Chapter 7 bankruptcy and completely erase your debts, it doesn’t work out that way for all clients.  Some people may need additional protections that Chapter 7...

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Should I Consider Chapter 7?

In a Chicago Chapter 7 bankruptcy case, you file a voluntary petition with the United States Bankruptcy Court for the Northern District of Illinois asking the court to discharge your debts.  In...

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What Type Of Bankruptcy Is Right For Me?

There are four types, or “Chapters,” of bankruptcy available to consumers.  One of the four, Chapter 12, is specifically for family farmers and fishermen.  Of course, we don’t see these in Chicago....

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Are There Problems That Bankruptcy Can’t Solve?

While a successful Chapter 7 or Chapter 13 bankruptcy case can offer a new lease on life (or at least financial life), there are some issues that can arise that bankruptcy cannot take care of....

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How Can Bankruptcy Help Me?

There are so many preconceptions about bankruptcy.  Just the word “bankruptcy” is saddled with such a negative connotation that many people will make unnecessary sacrifices like wiping out their...

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What Is Bankruptcy?

It can be extremely difficult for people that have been struggling with debt and overdue bills to come to the realization that they may be in a financial situation that won’t simply fix itself....

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