Kane County Bankruptcy Lawyer

Bankruptcy Overview & Our Services

At our bankruptcy law firm in Kane County, Illinois, we genuinely care about the clients who come to us for legal representation and guidance through the bankruptcy process. Our number one priority is your wellbeing, and we hope to secure it by sticking with you until your financial problems are completely resolved. As with so many challenges in life, the most important step in bankruptcy is the beginning and having the courage and motivation to get started. With an initial push of encouragement from our lead attorney, Mr. Joseph P. Doyle, we believe you can advance with confidence and comfort.

Allow us to help you understand and manage bankruptcy cases dealing with:

• Alternatives to bankruptcy
• Credit counseling
• Creditor harassment
• Different types of bankruptcy
• Means test
• The bankruptcy timeline

We do not consider our work done until you feel stable and on your feet once more. By dispelling some of the bankruptcy myths you may have heard and informing you of the common benefits of bankruptcy, we think you will come to see that life after bankruptcy is not something to dread. Go ahead and contact us today if you would like to talk to our Kane County bankruptcy attorney about your questions and concerns.

What Chapter Should You Turn To?

One of the main bankruptcy myths we hear from clients again and again is that bankruptcy is just one single process that works for everyone. Not only is it possible for bankruptcy to not be an option for you, there are actually multiple forms, or chapters, of bankruptcy from which to choose. As Chapter 7 and Chapter 13 are the two most common forms for the average American in a financial crisis, we will take a brief look at them each.

• Chapter 7: This is the form of bankruptcy the media showcases the most as it involves a total elimination of all our dischargeable debts, but at the cost of some, most, or all of your nonexempt property. In layman's terms, you may lose your home or automobile but you will be completely debt free at the end of it.
• Chapter 13: Not as common as Chapter 7 but certainly no less powerful, Chapter 13 bankruptcy will remove a portion of your total debt and then set up a repayment plan staggered over 3 to 5 years for whatever remains. Due to the fact that you may be paying off a majority of your debt, you generally get to keep a majority of your nonexempt property.

There are other chapters of bankruptcy, and depending entirely on your unique financial circumstances, you could benefit from them more than Chapter 7 or Chapter 13. You will need to consult closely with your bankruptcy lawyer before committing to a form of bankruptcy. Selecting the wrong type could prove ineffective and damage your credit score.

Call (847) 994-2520 for Trusted Legal Counsel

Bankruptcy is a complicated process no matter how you approach it, and it can be difficult to truly represent it in a brief overview. You are encouraged to contact our Kane County bankruptcy attorney at your earliest convenience to really get a full comprehension of what your future might hold in terms of bankruptcy. We offer free bankruptcy case evaluations to allow our clients to get an idea of what they are dealing with before they commit to one solution or the other. Take the initiative and fill out an online form today.