Peoria, Illinois Bankruptcy Lawyers
I am a member of the American Bankruptcy Institute, the Chicago Bar Association and the Illinois Bar Association. I have filed thousands of bankruptcy cases in Illinois and have eliminated millions of dollars in debt from credit cards, medical bills, repossessions,...
Romeoville, IL 60446
University of Michigan - Ann Arbor, DePaul University and University of Michigan - Ann Arbor
The Hower Law Firm LLC is focused on meeting...
Ms. Kaplan graduated from law school with a 3.5 GPA and after passing the bar in 2001, began practicing law with her father, Melvin J. Kaplan, renown bankruptcy lawyer for over 58 years and author of two books including, Chapter 13 How To Get Your Creditors Off Your Back Without Losing Your Shirt.
Ms. Kaplan has helped thousands of Chicago families save their homes, cars, and get a fresh start for over 15 years.
Ms. Kaplan is a member of...
Collinsville, IL 62234
Oklahoma City University School of Law
Ms. Nyuli is also active in the Illinois State Bar Association as a member, having served two terms on the Board of Governors, and...
Bankruptcy Lawyers in Nearby Cities
Bankruptcy Lawyers in Nearby Counties
Peoria Bankruptcy Legal Aid & Pro Bono Services
Prairie State Legal Services, Inc.
Bankruptcy law allows debtors, who are unable or partially unable to pay outstanding debts, to rid themselves of these debts and obtain a fresh start. Both federal and state laws can affect a debtor seeking to file for bankruptcy, and an attorney can help you understand how state and federal bankruptcy laws apply to you.
If you are struggling with high debt, receiving calls from creditors or collection agencies, or facing foreclosure, garnishment of wages, or repossession of property, filing for bankruptcy may provide you with solutions.
Bankruptcy lawyers offer legal advice and services during a financial crisis. In total, there are six different types of bankruptcy. For persons seeking debt relief, one option is Chapter 7 bankruptcy, which provides for liquidation of the debtor's non-exempt assets. Another popular option for individuals is Chapter 13, which allows for management and reduction of debt through payment plans. Corporations and partnerships filing for bankruptcy often choose to file under Chapter 11, which provides for supervised reorganization of the business.
Experienced bankruptcy counsel can help you evaluate whether you should pursue a bankruptcy as well as the Chapter under which to file. Bankruptcy lawyers can also help end harassing phone calls from debt collectors and evaluate available legal options when facing a home foreclosure.
Automatic stay: An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed.
Unsecured claim: A debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay, rather than on a special assurance of payment.
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