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A Chicago bankruptcy lawyer can help you end
the financial chaos in your life and regain control over your finances. For over ten years I have been helping
hard working Chicago area people successfully navigate through the bankruptcy process. My practice is 100%
dedicated to handling only personal bankruptcy matters.
Our Chapter 7 Success Rate is Over 99%
Over 8000 Illinois residents have entrusted a
chicago bankruptcy lawyer from my law firm with their chapter 7 and chapter 13 bankruptcy cases and I will apply
this experience to your case. My office prides itself on fast, detailed personal service.
Our Chicago bankruptcy attorneys file cases in
the following counties: Cook, Dupage, Will, Kendall, Lake. We have 4 conveniently located Illinois law offices
including Downtown Chicago, 95th St, Hillside and Bolingbrook. All phone calls are answered by bankruptcy
lawyers, not support staff. Our bankruptcy lawyers are well respected in the legal community. Many of our
Chicago bankruptcy attorneys have been speakers at various bankruptcy gatherings. Our Lawyers are admitted to
the Illinois bar, United States District Court for the Northern District of Illinois and are members of the
National Association of Consumer Bankruptcy Attorneys. We have an A+ rating with the Better Business
Chapter 7 Bankruptcy Special
Only 3 Payments of $400 including attorney
and court costs.
Chapter 7 bankruptcy, sometimes called a
straight bankruptcy, is a liquidation proceeding. The debtor turns over all non-exempt property to the
bankruptcy trustee who then converts it to cash for distribution to the creditors. The debtor receives a
discharge of all dischargeable debts usually within four months. Our Chapter 7 Discharge Rate is over 99% . In
the vast majority of cases the debtor has no assets that he would lose so Chapter 7 will give that person a
relatively quick "fresh start". One of the main purposes of Bankruptcy Law is to give a person, who is
hopelessly burdened with debt, a fresh start by wiping out his or her debts. By law all actions against a debtor
must cease once the documents are filed. This includes lawsuits, wage garnishment, telephone collections,
utility disconnects. Typical debts which are discharged include credit cards, medical bills, utilities,
unsecured judgments, repossession's, personal loans, payday loans. Typical debts which are not discharged
include, child support, student loans, tickets and most taxes. Debtor's must continue making payments on secured
debts they are keeping such as house and car.
Consultation with a Chicago bankruptcy lawyer
at Gleason and Gleason. Your attorney prepares 30 to 40 page document including bankruptcy petition, means test,
schedules, statement of financial affairs, declaration regarding electronic filing to be filed with the court.
You review and sign documents to be filed with the court. You take a mandatory credit class over the phone or
internet. Your case is filed electronically by Gleason and Gleason. The bankruptcy court clerk notifies all
creditors of bankruptcy filing via mail. Client takes second and final mandatory debtor education class over
phone or internet. About 30 days after case filing the Chicago bankruptcy lawyer and client attend a
"341"bankruptcy meeting with a hearing officer known as a trustee. The trustee generally reviews the bankruptcy
petition and verbally asks the same questions asked in the paperwork. Approximately 60-70 days after the
bankruptcy meeting the client receives a "discharge of debts" letter.
Chapter 13 bankruptcy is also known as a
reorganization bankruptcy. Chapter 13 bankruptcy is filed by individuals who want to pay off their debts over a
period of three to five years. A chapter 13 can be filed if you are behind on your mortgage or car loan, and
want to make up the missed payments over time and reinstate the original agreement. A chapter 13 can be filed
for individuals who make too much to qualify for chapter 7 or are ineligible for chapter 7 because of a previous
filing. A chapter 13 is a 3 to five years case it is more expensive than chapter 7. However most of the attorney
fees can be included in the repayment plan. We can give you a quote over the phone.
The procedure for Chapter 13 is very similar.
However, the first payment is due 30 days after the case is filed. Approximately 4 or 5 weeks after your case is
filed you have a meeting with the trustee. Approximately 1 month after that the repayment plan is approved by
the bankruptcy court and you make payments for 3 to 5 years to the Chapter 13 trustee who then pays your
creditors. Upon completion of plan payments you typically receive a discharge unless you filed a chapter 7 in
the four years prior to the case being filed.
Contact A Bankruptcy
email: email@example.com| Tel: (312) 578-9530
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
GLEASON AND GLEASON LLC
77 W. WASHINGTON SUITE 1218 CHICAGO IL 60602
PHONE: (312) 578.9530