Is Bankruptcy Right for Me?

It is difficult to determine whether a bankruptcy is the right path. Many consumers are confused by what they have heard from friends or family, or what they have read online. An attorney can help decide whether a bankruptcy would help.

The following are some factors that consumers and attorneys consider:

  • 1) Can you afford to pay your debts without a bankruptcy?

  • 2) Do you have valuable assets (exceeding the exemptions) that could
         be lost in a Chapter 7 bankruptcy?

  • 3) Would bankruptcy provide relief from creditor harassment?

  • 4) Would a repayment plan be feasible or affordable in a Chapter 13?

  • 5) Are there lawsuits, foreclosures or garnishments that a
        bankruptcy would stop?

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  • We Defend People Abused by Creditor and Debt Collectors

     

    Most people have at least some wrong information about bankruptcy. Irrational fears hold people back from utilizing this helpful process. We hope that by dispelling some of these widely held myths, we can help you to determine whether bankruptcy is the right course for you. The initial consultation with a bankruptcy attorney is free. You owe it to yourself to call.

Robert Honig, Attorney at Law |Address: 116 S. York Street, Suite 215, Elmhurst, Illinois 60126 | Telephone: (630) 834-1800|
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Disclaimer.
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