For anyone considering Chapter 7 bankruptcy, understanding the debt requirements is crucial. How much do you have to be in debt to file chapter 7? There is no specific minimum amount of debt required to file for Chapter 7 bankruptcy, but the nature of your debt and your financial situation play significant roles in determining […]
Experienced Chicago bankruptcy lawyers The thought of filing for bankruptcy may be scary and something you never expected you would have to consider. Unfortunately, things happen in life that cause you to fall behind on payments to your creditors. Over time this debt will continue to pile up and become overwhelming. Luckily, filing for Chapter 7 bankruptcy […]
Chicago Bankruptcy Lawyer Facing financial difficulties can be overwhelming and stressful. Filing for bankruptcy is an option for you to get back on your feet and eliminate your debt. Not only does filing bankruptcy help eliminate your debt, but it also gives you much-needed breathing room from your creditors. Consumers can either file a Chapter 13 or Chapter […]
If you are facing financial difficulties and struggling to make ends meet, filing for bankruptcy may be your best option to help you get back on your feet and eliminate your debt. Chapter 7 bankruptcy is the most common type of bankruptcy that allows you to discharge your unsecured debt, such as credit card debt and medical […]
When potential clients call our office, the two most common questions they ask are which type of bankruptcy they should file and what are the differences. In general, as a consumer, the United States Bankruptcy Code offers two different kinds of bankruptcies – Chapter 7 and Chapter 13. Although both are designed to give debtors a “fresh start,” […]
"*" indicates required fields
