Bankruptcy Attorney In Chicago, Illinois

If you are behind in Monthly payments, Bankruptcy offers several benefits. Our Chicago lawyer can help you With:

CHAPTER 13  BANKRUPTCY

We can help you keep your property by solving your debt problem via Chapter 13. Our attorneys work with you to develop a repayment plan that uses your income to pay off debt over time. This reorganization option avoids asset liquidation.

CHAPTER 11  BANKRUPTCY

Whether you have a corporation, LLC, partnership, or sole proprietorship you can file for Chapter 11 bankruptcy in Chicago, Illinois. There are some major advantages to pursuing this option instead of Chapter 13 or Chapter 7. 

CHAPTER 7  BANKRUPTCY

Our attorneys can help you eliminate most unsecured debt and still keep your house and vehicle, in most cases. Complete the process and get a fresh start in 6 months or less. Let us help you through Chapter 7 and start rebuilding your credit.

DISCHARGE FEDERAL INCOME TAXES IN BANKRUPTCY

Tax debts may be eliminated if they are income-based, the return was due at least three years before filing for bankruptcy, the tax return was filed at least two years prior, and the IRS assessed the debt more than 240 days before filing. It's essential to adhere to these rules and consult with a bankruptcy expert to navigate the complexities involved.

STOP FORECLOSURE AND SAVE YOUR HOME

If are behind on your mortgage payments, in default or even in foreclosure and facing the sale of your property, our attorneys can STOP the foreclosure and get you at least 60 months to catch up on any back payments.

PREVENT REPOSSESSION AND EVEN HAVE YOUR CAR RETURNED

If you have a loan through a bank, credit union or dealership, you must make monthly payments. The lender may take possession of the vehicle after you miss several payments. However, filing bankruptcy can stop repossession and allow for renegotiation of the debt. Whether you are an individual or have a corporation, LLC, if your car has been repossessed already, our attorneys may be able to get your car returned quickly.

STOP WAGE GARNISHMENT

Creditors may get a court order that requires your employer to withhold a portion of your paycheck if you have delinquent payments. Earnings are garnished until the debt is paid. The automatic stay in bankruptcy stops that from happening.

Need a Bankruptcy attorney in Chicago? Contact us today!

The attorneys at Benjamin Legal Services can help you file bankruptcy and wipe out debt while protecting your assets.

Bankruptcy is a last resort. There may be alternatives that can help you deal with the financial burden. Call us at 312-945-0021 for more information about our areas of expertise and to find out if bankruptcy is the best option for you.