Bankruptcy Assistance in STREAMwood, Illinois
Bankruptcy can be a new beginning. Over 1.6 million people filed for bankruptcy last year, and Chicagoland bankruptcy courts have been some of the busiest in the nation. Some of your friends and family members may have filed for bankruptcy and you may not even know it. You are not alone.
Whether due to job loss, illness, divorce or wages that simply do not keep up with increased cost of living, many individuals and families find themselves in financial distress.
Constant phone calls, lawsuits, judgments, wage and bank account garnishment, calls at work that can threaten your job security, foreclosure and eviction are all problems individuals and families find themselves in when overwhelmed with unmanageable debt.
For over 10 years, we have been assisting clients in obtaining debt relief through the bankruptcy process. During your initial consultation, we will evaluate several factors to determine which type of bankruptcy best fits your needs. These factors include the amount and types of your debt, your living expenses and income.
Contact the Law Offices of Robert M. Kaplan to discuss your financial situation today. We can be reached by e-mail or by calling 847-348-8253 or toll-free 888-662-1171.
Types of Bankruptcy
Chapter 7 Bankruptcy is best known as a consumer liquidation bankruptcy. It enables clients to discharge the majority of their past debt and get a fresh start.
Chapter 11 Bankruptcy applies to business endeavors. It allows for the repayment of debt under restructured terms.
Chapter 13 Bankruptcy is known as a reorganization bankruptcy. It allows for repayment of your debts over a three to five year period.
We Can Help
Our office is up to date with the latest bankruptcy laws and utilizes the most current software to make your filing easier and more efficient. From the moment your petition is filed, an automatic stay goes into effect. This stops any litigation currently pending against you including foreclosure and other debt collection.