Illinois Chapter 7 Bankruptcy Lawyers
Chapter 7 bankruptcy is a good option for people who are severely behind in credit card payments, medical bills, mortgage payments, or other serious debts. The first questions that must be addressed with bankruptcy are whether or not you qualify for bankruptcy and if so, what type of bankruptcy is best for your debt situation. Contact us to find out how we can help you to eliminate debt and to determine if you qualify for a personal bankruptcy. We offer a flat rate for bankruptcy cases.
At Dees Law Office, we routinely assist people with filing for personal bankruptcy under Chapter 7. Chapter 7, or "liquidation," allows people to discharge most types of personal debts. If you have assets that you would like to conserve, Chapter 7 allows you to continue paying a car loan or mortgage through an agreement.
Being in debt is stressful. Chapter 7 is the fastest and least expensive way to eliminate debt. The average time it takes to complete Chapter 7 is about 3 months. If you file a Chapter 7 bankruptcy it immediately puts your creditors on notice and stops creditor harassment. After the bankruptcy, the debts for our clients are secured debt and our client is ready to move on with his or her life with no more financial worry.
When we meet with our clients it is important to understand the extent and nature of their financial obligations and debts. This will help assist us with the analysis including the "means test" which analyzes your household income and whether it is above or below the nationwide median to determine whether a client qualifies for Chapter 7 bankruptcy. We will walk through the steps necessary to file a bankruptcy and provide counsel on what courses of action should be taken.
We are a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code.