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Bankruptcy Information

Bankruptcy Attorney in Chicago, IL

Why Hire a Bankruptcy Attorney from Prime Bankruptcy?

If you’ve ever struggled with severe financial debt, you know it’s crucial to find a solution to your troubles quickly before life spirals out of control. We care about the stresses and pressures put on you, and that’s why we conduct a thorough evaluation of your financial state to determine what pathway will ultimately lead to your financial success. Our team of bankruptcy attorneys in Chicago, IL, know what it means to take care of clients, and they will do whatever it takes to help you enjoy the freedom and peace of mind you deserve. Undoubtedly you’ve already endured the side effects of financial trouble, including: consistent harassment from creditors, lawsuits, and watching your bank account diminish until there’s nothing left. Possibly you’re also faced with the prospect of losing your home. Keep in mind, the Chicagoland bankruptcy attorneys and foreclosure lawyers employed at our office know the ins and outs of Chicago, IL bankruptcy law, and they will do everything possible to navigate you through this difficult time in your life.

Looking for an outstanding Foreclosure Lawyer in Chicago, IL?

The looming threat of foreclosure is something people neck-deep in debt often find themselves faced with. It’s scary enough to get calls from creditors, or people wishing to file a lawsuit, but when your home is at stake, it becomes a whole new ballgame.

Mortgage companies begin the process of filing for foreclosure when a homeowner neglects to make payments for an extended period of time (normally three months). A foreclosure complaint can be served by a sheriff official within 60 days, which means the homeowner has 90 days to completely repay the mortgage or be forced to move out immediately. A foreclosure lawyer in Chicago, IL gives you the best chance to retain your home, or at the very least arrange the affairs of your mortgage and foreclosure. You’ve worked hard to pay for your home thus far, so contact the best foreclosure lawyer Chicago, IL has available and see what we can do for you.

Chapter 13 Bankruptcy

Just because you’re faced with bankruptcy doesn’t mean you’ve handled money the wrong way. The clients our Chicagoland bankruptcy attorneys work with are normally hardworking people who’ve suffered an expensive setback. Those who qualify for Chapter 13 bankruptcy have struggled to pay off enormous debt for a period of 3-5 years, and as a result are put in a position to pay off a percentage of what was previously owed. It is important to note that you need a steady income to qualify for chapter 13 bankruptcy. For more information on Chapter 13 contact one of our bankruptcy attorneys in Chicago, IL.

Chapter 7 Bankruptcy

Filing for Chapter 7 bankruptcy can immediately halt all utility bills, wage garnishment, and foreclosure proceedings, giving a debtor the chance to resolve issues with their assets and mortgage. In many cases, a Chicagoland bankruptcy attorney at our firm is able to completely remove the possibility of second mortgages, as well as significantly reduce the amount of debt they are required to pay.

Chapter 11 Bankruptcy

Chapter 11 bankruptcy is designed to protect businesses from folding through company reorganization and a customized payment plan. Our bankruptcy attorneys in Chicago, Il can help your business obtain valuable resources to pay back creditors and start the business off on a positive note again.

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For information on the other bankruptcy services we offer, contact us today.

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