Chapter 7 Bankruptcy Attorney Bloomington IL
Have you lost your job or experienced a medical emergency that cut off your income? Did you just go through a terrible divorce that cost you thousands of dollars in costs and attorney’s fees? Have you lost your spouse recently and cannot pay your bills on one income? Maybe you just mismanaged your finances and now you cannot afford to pay your bills and your living expenses. Regardless of the reason why you are having debt problems, bankruptcy relief can help you get a fresh start so that you can recover and rebuild your financial well-being.
The bankruptcy attorneys of Pioletti & Pioletti help people who are suffering with debts they cannot pay find a solution to their debt problems. Call 309-938-4838 to schedule a free bankruptcy consultation with one of our attorneys. We will answer your bankruptcy questions and explain your options to get out of debt. You are under no obligation and it costs you nothing to get this important financial advice.
Chapter 7 Bankruptcy Stops Creditor Harassment and Eliminates Debt
Are debt collectors calling your home and your work at all hours of the day? Do you get collection letters and threats of lawsuits in the mail each week? If so, filing a Chapter 7 bankruptcy will give you relief from your debt problems. Filing a Chapter 7 bankruptcy immediately stops creditors from harassing or threatening you. It also prevents creditors from taking legal action to collect debts, enforce judgments or levy wage garnishments. A Chapter 7 bankruptcy wipes out your legal obligation to repay most, if not all, of your debts.
Our bankruptcy attorneys will discuss bankruptcy and non-bankruptcy options with you to determine what course of action is in your best interest. A key factor to consider is that non-bankruptcy repayment plans through credit counseling are not binding on you creditors. Your creditors must voluntarily agree to accept the repayment terms through a debt consolidation problem.
Filing a Chapter 7 bankruptcy forces creditors to discharge your debts regardless of whether the creditor agrees or not. Creditors must adhere to the bankruptcy laws or face penalties by the bankruptcy court. If you are being harassed by creditors, call 309-938-4838 now for a free bankruptcy consultation!
Chapter 7 Liquidation
You may have heard horror stories about Chapter 7 because it is known as the “liquidation” bankruptcy. There is much misinformation about Chapter 7 bankruptcy. Some believe that by filing bankruptcy they will lose all of their property and never qualify for credit again. This is simply not the case. Most Chapter 7 bankruptcies filed in Illinois are “no asset” cases. A no asset Chapter 7 means that the debtor keeps all of his or her property while eliminating most, if not all, debt.
While filing a Chapter 7 bankruptcy will cause an initial drop in your credit score, this is not permanent and there are many things you can do to improve your credit rating after bankruptcy. To learn the truth about filing Chapter 7 bankruptcy and to learn how a bankruptcy can help you resolve debt problems, schedule a bankruptcy consultation with an experienced bankruptcy attorney.
Do You Need Bankruptcy Help?
If you are searching for a bankruptcy attorney in central Illinois, Pioletti & Pioletti can help you. We assist people throughout McLean, Woodford, Tazewell and Peoria counties find the debt relief they need through Chapter 7 bankruptcy. We provide our clients with the personalized and individual attention and representation that you cannot find in a “bankruptcy mill.”
Our goal is to help you find a solution to your debt problems and give you the support and guidance you need as you recover from a financial crisis. We offer reasonable fees and payment plans so that you can have access to highly-skilled and experienced bankruptcy attorneys.
Call our office today at 309-938-4838 to schedule your free bankruptcy consultation with a bankruptcy attorney. Our attorneys are here to help you. We do not want you to suffer another day with overwhelming debts, anxiety and frustration. We want to help you as you begin the road to financial recovery.