Will County Chapter 7 Bankruptcy Attorney
Each year, millions of Americans seek debt relief by filing for bankruptcy. The Bankruptcy Code exists as a safety net for individuals who find themselves facing insurmountable debt. Our Aurora bankruptcy attorneys can look at your situation and provide advice on your best course of action.
At The Law Office of Richard C. Irvin & Associates, we help clients file for Chapter 7 bankruptcy. Typically, the process is straightforward, but one mistake can send the whole process back to the beginning. That is why it's wise to have an experienced lawyer on your side.
Let us help you get a fresh start.
There are several important points to make about Chapter 7 bankruptcy, including:
- Chapter 7 is a debt elimination program. There is no repayment plan.
- To qualify for Chapter 7, individuals will have to complete a means test, which examines disposable income.
- Once the filing is complete, all unsecured debt is eliminated. Unsecured debt includes credit card debt, medical bills and some personal loans.
- In certain situations, individuals might be able to keep their house or car. This is called reaffirmation.
While it is possible for individuals to file a Chapter 7 on their own, we recommend scheduling a free consultation with a lawyer at our office. There is a great deal of paperwork that must be completed accurately and on time to keep the process moving forward. Our attorneys are skilled at guiding clients through this process.
Contact Our Firm
If you have questions regarding Chapter 7 bankruptcy in Illinois, contact The Law Office of Richard C. Irvin & Associates to schedule a free initial consultation. We accept major credit cards for payment of services. Hablamos español.
