Get The Help You Really Need
You can file for bankruptcy without the help of a bankruptcy lawyer, but it’s never a good idea. You can end up losing substantial cash – when you’re already in financial trouble – and have your bankruptcy petition denied if you make any mistake or fail to meet any of the requirements for bankruptcy. You’ll still be at risk for foreclosure, repossession, and those disconcerting calls and letters from creditors and collection agencies. In the end, you’ll almost inevitably require the services of a good bankruptcy lawyer, so it’s smart to make that call first. In the Chicago area, if you are considering bankruptcy, obtain the services of an experienced Chicago bankruptcy lawyer.
Bankruptcy is not right for everyone with money troubles. A good bankruptcy lawyer will first determine if filing for bankruptcy is the option most suitable for your particular situation and interests. If bankruptcy is appropriate, your bankruptcy lawyer will help you determine if a Chapter 7 or Chapter 13 bankruptcy is your best option. A good bankruptcy lawyer will work alongside you, scrutinize your financial condition, and fully explain the requirements and ramifications of your bankruptcy. Additionally, a good bankruptcy lawyer will not only ensure that all pertinent documents are accurate and complete; he or she will see that you have the full protection of the law. Illinois, like every other state, has bankruptcy “exemptions” that protect some of your property from being seized.
When a creditor is violating the law and you are the victim, an experienced Chicago bankruptcy lawyer will also see to it that you are protected and the law is enforced. Those who attempt to file for bankruptcy without help from an experienced bankruptcy lawyer will face not only unfamiliar legal terms and procedures – you’ll also face creditors who’ve hired sharp lawyers of their own to represent them. In the Chicago area, if you’re considering bankruptcy, the first thing to do is to get the advice you need from an experienced Chicago bankruptcy lawyer as soon as possible.
