If you are feeling overwhelmed by debt and need help getting back on track, bankruptcy might be the solution to your debt problems. At Lois Kulinsky & Associates, Ltd., our attorneys help clients get the debt relief they need through Chapter 7 and Chapter 13 bankruptcy.
"You took the worry and confusion off my shoulders and onto yours. You helped me turn my life around. Thank you for all your hard work." — A. Capparelli, Wheeling, Illinois. Read more testimonials.
Don't let your debt take control over your life. Bankruptcy can relieve you of the burden of your debt and help you get a fresh start. Contact us now to learn more about bankruptcy in a free, 30-minute consultation.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy allows you to wipe the slate clean and discharge many of your unsecured debts, including:
- Credit card debts
- Medical bills
- Personal loans
Not all debts can be discharged in Chapter 7 bankruptcy. Student loans as well as child support and alimony obligations will still need to be paid. However, Chapter 7 bankruptcy can give you the ability to get your debts under control. We can help you understand dischargeable debts in Chapter 7 and help you determine if you qualify for this type of bankruptcy.
Chapter 13 Bankruptcy
Unlike Chapter 7, which allows you to wipe some of your debts away, Chapter 13 helps you reorganize your debts. In Chapter 13 bankruptcy, you will be put on a payment plan, which usually lasts three to five years. Under the plan, you will make monthly payments in an amount you can afford, based on your income and expenses. When you complete the plan, any unsecured debts that have not been paid will be discharged.
If you are having trouble keeping up with your mortgage payments and are facing foreclosure, bankruptcy could help you. When you file for bankruptcy, any foreclosure actions will be temporarily stopped. This can give you the time you need to get your finances under control and keep your home.
Contact Us Now for a Free Consultation About Your Debt Relief Options
Contact our firm online to set up a free, half-hour consultation with one of our knowledgeable and caring bankruptcy lawyers. Our main office is in Wheeling, and we also have an office in Libertyville and Buffalo Grove for your convenience. We serve clients throughout greater Chicago.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.