Helping Illinois Residents Find Debt Relief
Though filing bankruptcy has become much more common in recent years, many people still fear that there is a negative stigma associated with bankruptcy. They worry about what family, friends and employers will think if they find out about it.
We understand these concerns and are sensitive to clients' feelings. When we discuss bankruptcy with clients, however, we are usually able to allay their fears and help them to see how the benefits of filing may far outweigh any negative feelings about bankruptcy. To schedule a free consultation, please call The Law Offices of Chad M. Hayward, P.C., at 888-804-8641 or contact us online.
Speaking With a Lawyer Can Dispel Many Myths About the Stigma of Bankruptcy
Some people believe that filing bankruptcy is morally wrong. However, bankruptcy is a legal debt relief option for individuals and businesses that is provided by the federal government. You have the right to seek debt relief by filing bankruptcy.
People who are considering bankruptcy are often worried about who will find out if they file. Basically, other than your creditors, no one will know unless you decide to tell them. Your employer does not have to know. Individuals, employers and other organizations are not supposed to discriminate against you for filing.
Filing bankruptcy may actually help to keep your financial situation private. Once you file, the automatic stay immediately goes into effect, prohibiting your creditors from calling, writing or pursuing legal action to collect a debt. This means that creditors cannot call you at work to collect on a debt. They also may not garnish your wages.
To learn about the effect of bankruptcy on your credit, please visit bankruptcy and your credit rating. We also offer tips on life after bankruptcy.
Chicago Bankruptcy Attorney
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.
