You Have the Right to Seek Debt Relief
The right to file bankruptcy is provided in the Constitution. And yet one of the most common questions people have about bankruptcy is whether they qualify for it. The short answer is "yes."
The real question is which chapter of bankruptcy is right for you. Each case is unique, and an experienced bankruptcy lawyer may be able to help you. Don't assume you cannot file bankruptcy before you have discussed your situation with an attorney. To schedule a free consultation, please call The Law Offices of Chad M. Hayward, P.C., at 888-804-8641 or contact us online.
The Experience to Help You Solve Debt Problems
With each client, we do a complete financial analysis before recommending a debt relief solution. We review your income, assets, types of debt and whether you filed previous bankruptcies. Additionally, we will ascertain the goals you have for debt relief. Do you want to keep your home and vehicle? Do you need to get rid of your home and mortgage? Are you trying to protect a spouse or co-signer from your debt?
Each chapter of bankruptcy has certain requirements you must meet. For example, the 2005 revisions to the federal bankruptcy laws require a means test to determine eligibility for a Chapter 7 filing. If you do not qualify for Chapter 7, you may be able to file Chapter 13 if you have sufficient income to repay your debts once they are reorganized. These are only a few of the options available.
We will work with you to find a chapter of bankruptcy that works for you and meets your goals. Only an in-depth analysis of your particular financial situation will determine how you may seek debt relief.
Qualifying for Bankruptcy in Illinois
Please call our office at 888-804-8641 to schedule a free consultation. We have offices in Chicago, Aurora, Joliet, Schaumburg, Palos Heights, Northbrook, Oakbrook and St. Charles.
