Crystal Lake (815) 788-9511

Lake in the Hills Bankruptcy Lawyer

Bankruptcy Debt Solutions

People often tell us about their long-time struggles to pay their debts.  They manage to regularly make the minimum payments, but they can't seem to ever pay down the debt.  Unfortunately, making the minimum payment never gets them closer to becoming debt-free.  Bankruptcy solves this problem!

If you are looking for a Bankruptcy Lawyer near Lake in the Hills, IL contact us online online or call our law firm at 815-788-9511 for a free case evaluation!

Types of Bankruptcy

Chapter 7 Bankruptcy gets rid of debt through a court-ordered discharge.  In a Chapter 7 case, as soon as the case is filed, the debtor is no longer required to make payments to the creditors.  When the discharge is approved, the obligation to pay the debt is extinguished forever.

Related: Exempting assets from liquidation

Related: Rebuilding my credit

Chapter 13 Bankruptcy allows debtors to pay their debt through a structured payment plan.  It allows for payment of car loan arrears and mortgage arrears, as well as delinquent tax debt.

Related: Chapter 13 Process

Related: Pros and Cons to a Chapter 13 bankruptcy

Bankruptcy Immediately Stops Collection Actions

Creditors have various means to collect unpaid debt.  They often attempt to collect by filing lawsuits, garnishing wages, seizing bank funds, or filing liens against the debtor's property.  If you need to put a stop to creditors' attempts to collect unpaid debt, bankruptcy may be your best option.

The bankruptcy law prohibits creditors from attempting to collect unpaid debt.  This protection arises as soon as a bankruptcy case is filed!

Contact the Law Office of Timothy Brown at 815-788-9511 for a free consultation!

Contact Us

Law Office of Timothy Brown is committed assisting individuals in need of Debt Relief, Bankruptcy Litigation, Chapter 7, Chapter 13, Creditor Harassment Defense, Debt Collection Defense, and Foreclosure law issues in Illinois.

We will discuss your case with you at your convenience. Contact us today to schedule an appointment.