Highly Rated Bankruptcy Law Firm
We have provided debt relief services to individuals and families in the Northwest Suburbs and the Chicagoland area for over 13 years. We have a passion for providing effective legal assistance to all of our clients, and we do all we can to get the best results. At the Law Office of Timothy Brown, you can get the assistance of a highly rated bankruptcy law firm for a reasonable price.
Would you like to put an end to your worries about paying your debts? Bankruptcy may be an excellent solution.
Chapter 7 Bankruptcy eliminates debt through a relatively simple court process that only takes approximately three-months. In most cases, creditors are not able to prevent the debt from being discharged. Chapter 7 bankruptcy gives distressed debtors a Fresh Start.
Chapter 13 Bankruptcy allows individuals to pay their debt over a period of time through a court-approved repayment plan. In some cases, the individual only has to repay part of their debt. Chapter 13 bankruptcy often provides a form of debt relief that is superior to other debt relief options.
Bankruptcy Will Immediately Stop Collections
As soon as the bankruptcy case is filed, a powerful injunction (the "automatic stay") goes into effect and immediately prohibits creditors from taking further collection action. This will stop:
- creditor phone calls
- wage garnishments
Protection of Assets
If you are considering filing for Chapter 7 bankruptcy, you will need to know which exemptions are available to protect your assets. In some cases, an individual must be willing to surrender certain assets in order to receive a discharge. But in many other instances, debtors in Chapter 7 are able to protect all assets by effective use of the available exemption allowances.
Chapter 13 protects all assets, in most cases. It also allows the individual to surrender assets if the individual wishes to do so.
Rebuilding Your Credit
Many people mistakenly believe that bankruptcy will permanently lower their credit score. In actuality, most bankruptcy debtors are able to rebuild their credit score within a relatively short period of time. We will give you detailed instructions that you can use to rebuild your credit at the conclusion of your Bankruptcy case
- We will give you a free consultation and advise you of your best options
- We will explain the process and answer your questions
- We will provide a free credit report (when you become our client)
- We will prepare and file your bankruptcy petition, schedules, and other required forms
- We will represent you at the section 341 hearing
- We will keep you informed, every step of the way
- We will provide detailed instructions for rebuilding your credit at the conclusion of your case
We would like to help you get out of debt. We are friendly, honest, and knowledgeable. Contact us to complete your free evaluation