Chapter 7 Bankruptcy Lawyer Champaign, IL
When you are starting the process of filing for Chapter 7 bankruptcy, you will want to speak with someone who understands the process intimately, like a Chapter 7 bankruptcy lawyer Champaign, IL relies on from Pioletti Pioletti & Nichols. Many people believe that filing for bankruptcy is a kind of “catch-all.” When you have nowhere else to turn, bankruptcy can ensure you get out of a bad financial place. While this is not necessarily wrong, that does not mean the process for filing for Chapter 7 bankruptcy is easy. Our attorneys will be here to walk you through the process and help you during this difficult time. We have seen many people turn their lives around because they filed for bankruptcy and you can too.
What do I need to do before filing for Chapter 7 bankruptcy?
When you are applying for Chapter 7 bankruptcy, you will need to complete the means test. This simple test will determine if you qualify for this type of bankruptcy or if your attorney should steer you in the direction of filing for another type of bankruptcy or another type of debt management plan altogether. The means test will tell you exactly how much money you have leftover every month after you have paid your necessary living expenses. If you have plenty of money left over after you have paid for these things, then you did not pass the means test and Chapter 7 bankruptcy is not right for you.
Going Through a Credit Counseling Class
Your Champaign, Illinois Chapter 7 bankruptcy lawyer can guide you to a credit counseling course necessary for filing for Chapter 7 bankruptcy. There are many different options for taking courses and especially now you will find that there are many courses you can complete virtually. Upon completing the course, they will administer a certificate to show completion which you will use when showing you are prepared to file for Chapter 7 bankruptcy.
Starting the Process
After completing the means test and the credit counseling course, you and your attorney will then work to begin the bankruptcy process, including gathering all of your personal, financial information and beginning the necessary paperwork.
If you are unsure of what to do as you struggle with debt, do not hesitate to call Pioletti Pioletti & Nichols to speak with us about filing for bankruptcy. We are here to help. Call now to speak with our Chapter 7 bankruptcy lawyer in Champaign, Illinois now.