Benefits of Credit Counseling

Know What to Look For

When people are deep in debt, they often do not know where to turn for help. Unfortunately, they often are unaware of their rights as well as the risks of signing up with a credit counseling or debt relief company. Before you make any decisions, you may want to speak with a bankruptcy lawyer to ensure your rights are protected.

The Law Offices of Chad M. Hayward, P.C., provides experienced bankruptcy representation to individuals and families. We can advise you on the benefits of credit counseling as well as what to watch out for if you consider debt negotiation companies. To schedule a free consultation, please call 312-867-3640 or contact us online.

Some Credit Counseling Is Beneficial

Passed on October 17, 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 required that before filing for bankruptcy, most applicants must attend credit counseling in a government-approved program. You can obtain a list of approved agencies from the United States Bankruptcy Court of the Northern District of Illinois.

In addition to these agencies, some credit unions and nonprofit organizations provide free or low-cost credit counseling assistance. Generally, nonprofit organizations such as these provide trustworthy advice and genuine help for people facing debt problems or foreclosure if you want additional help or are choosing an alternative to bankruptcy.

Some mortgage lenders also offer a form of credit counseling. However, people often have difficulty understanding their mortgage documents and terms. Others may find that their lenders are difficult to work with. Having an attorney represent you may be the better option.

Chicago Debt Relief Lawyer

Reach us to schedule an appointment at any one of our local community offices by calling 312-867-3640.

Convenient Locations

In order to provide convenience for clients throughout Chicago and Northern Illinois, we have offices in the following locations: 

Chicago • Schaumburg  • Oakbrook • St. Charles • Naperville • And More


We have office locations throughout the Chicago Area:

Chicago (Downtown)


Oak Brook


All calls are routed through our Downtown office for your convenience.

Phone: 312-967-3159

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