Chicago lawyer for chapter 7 | Chicago lawyer for chapter 13 | Chicago lawyer for bankruptcy | Chicago lawyer for debt consolidation | chapter 7 in Chicago | chapter 13 in Chicago | parking tickets in Chicago

Chapter 7 bankruptcy, also known as a bankruptcy liquidation, generally allows for the discharge of unsecured debt. Clients who file under Chapter 7 bankruptcy usually are able to exempt most of their assets so those clients actually keep their belongings. Also, clients who are current in their payments can keep their house and cars.

DEBTS THAT ARE DISCHARGED IN CHAPTER 7 BANKRUPTCY:

PERSONAL LOANS

CREDIT CARDS

MEDICAL BILLS

JUDGMENTS

CERTAIN TAXES AND PENALTIES

REPOSSESSION DEFICIENCIES

CERTAIN AUTO ACCIDENT CLAIMS

NEGLIGENCE CLAIMS

PAYDAY LOANS

FILING FOR BANKRUPTCY RELIEF UNDER CHAPTER 7 STOPS:

CREDITOR HARASSMENT

As soon as you file for relief under Chapter 7, the "automatic stay"

goes into effect and no creditor or collection agency can contact you

in any way. Creditors are also immediately barred from making any

further collection efforts, such as continuing with lawsuits or garnishments..

LAWSUITS

The automatic bankruptcy stay also serves to immediately stop any lawsuits filed

against you.

EVICTIONS

The automatic bankruptcy stay will stop evictions and you may be able to "catch

up" past-due rent and remain in your home.

DEBTS THAT ARE NOT DISCHARGEABLE UNDER CHAPTER 7:

RECENT TAXES

CHILD OR FAMILY SUPPORT OBLIGATIONS

STUDENT LOANS

CRIMINAL FINES OR RESTITUTION

ACCIDENT CLAIMS ARISING BECAUSE OF INTOXICATION

Clients with large non-dischargeable debts may find that filing for protection under Chapter 13 of the Bankruptcy Code will be preferable to filing under Chapter 7. We can help you determine which Chapter of the Bankruptcy Code is better suited to address your unique financial situation. Contact us today to schedule a free review of your financial situation and your bankruptcy options.

Free Bankruptcy Assistance in Chicago | Free Bankruptcy Evaluation in Chicago | Northwest Indiana Bankruptcy Attorney I Northwest Indiana Bankruptcy Lawyer I Northwest Indiana Lawyer for Chapter 7 | Northwest Indiana Lawyer for Chapter 13 | Northwest Indiana Lawyer for Bankruptcy | Northwest Indiana Lawyer for Debt Consolidation | Chapter 7 in Northwest Indiana | Chapter 13 in Northwest Indiana | Parking Tickets in Northwest Indiana | Bankruptcy in Northwest Indiana | Free Bankruptcy Consultation in Northwest Indiana | Free Bankruptcy Advice in Northwest Indiana | Free Bankruptcy Assistance in Northwest Indiana | Free Bankruptcy Evaluation in Chicago

Law Offices of Barry Kreisler, P.C., A Bankruptcy law firm with attorneys serving chapter 7 and chapter 13 bankruptcy law clients throughout Chicago, the Chicago metropolitan Area and Northwest Indiana, including the counties of Lake, Porter, and LaPorte and cities of Crown Point, Merrillville, Highland, Munster, Griffith, Schererville, Dyer, St. John, Gary, Hammond, Hobart, Portage, East Chicago and Valparaiso.