Illinois Chapter 7 Bankruptcy

Are you facing debts you are unable to pay? Illinois Chapter 7 bankruptcy can provide the relief you need. Credit card debts, personal loans, medical expenses and more can be discharged by filing for Illinois Chapter 7. Once your debts are discharged by the Illinois bankruptcy court, your debtors cannot attempt to collect from you again.

How Illinois Chapter 7 Works

Debtors filing for Illinois Chapter 7 bankruptcy compile a list of their debts and their assets. This list is reviewed by a trustee who is appointed by the court. The trustee claims nonexempt assets from the debtor. These assets are sold to compensate the creditors. However, our experienced attorneys can help you defend your property from the court. In fact, many of our clients don’t lose any assets in Illinois Chapter 7. After the debts and assets are reviewed, the court discharges the remaining debts.

Who can apply for Illinois Chapter 7 Bankruptcy?

If you have debts that you can’t keep up with, than you can file for Illinois Chapter 7. Chapter 7 bankruptcy is best for debtors who have little or no income and few assets. If you aren’t sure which chapter of bankruptcy is best for you, find out in a free consultation.

Free Illinois Chapter 7 Evaluation!

Fill Out our Free Illinois Chapter 7 Evaluation today to find out if Chapter 7 is right for you.

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