Articles Posted in Bankruptcy

Bankruptcy is one of the strongest financial tools available to people struggling with debt. However, many people are hesitant to file because they think they will lose their property in the process. This is a common misconception. Not only does bankruptcy help protect your property from being taken, it also eliminates your qualified debt. When…

Experienced Chicago bankruptcy lawyers The thought of filing for bankruptcy may be scary and something you never expected you would have to consider. Unfortunately, things happen in life that cause you to fall behind on payments to your creditors. Over time this debt will continue to pile up and become overwhelming. Luckily, filing for Chapter…

Chicago Bankruptcy Lawyer Filing for bankruptcy is not the end of your financial journey. Once you have successfully completed your bankruptcy case, there are certain steps you should take to rebuild your credit. At DebtPros, our bankruptcy lawyers in Chicago will not only help you complete your case but also assist you in rebuilding your…

Chapter 13 Bankruptcy Lawyer Filing for bankruptcy is something you should consider if you are struggling to pay your bills, behind on your car note or mortgage, or being sued by a creditor. As an individual, you can file either Chapter 7 bankruptcy or Chapter 13 bankruptcy. In this blog, we will explain Chapter 13…

Your Chicago Bankruptcy Lawyer The city of Chicago desperately needs revenue to balance its budget. One of the ways it does this is by aggressively issuing citations for parking, redlight, and other camera violations. In fact, the city of Chicago issues over 1 million parking tickets in the first half of 2022. Our bankruptcy lawyers…

Your Chicago Bankruptcy Lawyer Having your wages garnished by a creditor can have a crippling effect on your financial wellbeing. Creditors can garnish your wages after filing a lawsuit against you, obtaining a judgement, and issuing a citation to discover assets. The court will then compel your employer to withhold a certain amount of money…

Chicago Bankruptcy Lawyer Facing financial difficulties can be overwhelming and stressful. Filing for bankruptcy is an option for you to get back on your feet and eliminate your debt. Not only does filing bankruptcy help eliminate your debt, but it also gives you much-needed breathing room from your creditors. Consumers can either file a Chapter…

Your Chicago Bankruptcy Lawyer If you have fallen behind on your mortgage payments, chances are the mortgage company will attempt to foreclose on your property. Facing foreclosure can be extremely stressful, especially if the property being foreclosed on is your primary residence. Luckily, filing for bankruptcy can help alleviate this stress. Bankruptcy will stop the…

Chicago Bankruptcy Lawyer Filing for bankruptcy can be scary and is never an easy decision to make. Unforeseen things happen in life causing people to fall behind on bills and payments. If you are overwhelmed with debt or facing financial difficulties, we are here to help. The Bankruptcy Code was enacted to help people in…

If you are facing financial difficulties and struggling to make ends meet, filing for bankruptcy may be your best option to help you get back on your feet and eliminate your debt. Chapter 7 bankruptcy is the most common type of bankruptcy that allows you to discharge your unsecured debt, such as credit card debt…