Chapter 7 Bankruptcy Lawyer Galesburg, IL
At Pioletti Pioletti & Nichols, our Chapter 7 bankruptcy lawyer Galesburg, IL residents trust has helped many clients who are considering filing for Chapter 7 bankruptcy. We receive many questions from clients and potential clients regarding the bankruptcy process and whether we believe it would help them out. We believe in providing honest and fair advice regarding whether a person should file for bankruptcy or whether another form of debt management would help them. We are here to assist you with the bankruptcy process and answer any questions you may have. For more information on filing for Chapter 7 bankruptcy, contact our office now.
What kinds of debts are included in my bankruptcy?
Many people think they can pick and choose which debts are placed in their bankruptcy petition. You may think that only your worst debts will go in there or that you can leave certain debts off because you think they may be easier to pay off than others. However, a Galesburg, Illinois Chapter 7 bankruptcy lawyer knows that when you are filing for bankruptcy, you need to list any debt you have, whether it is a medical bill or money you owe a sibling.
I still need to make purchases when I file for bankruptcy. Can I keep some credit cards?
Whether or not you can keep credit cards will be up to the credit card companies. However, you should not be surprised if every credit card company you have credit with chooses to cancel your cards.
I know this is considered the liquidation bankruptcy. How can I keep things like my house?
The state of Illinois has certain items listed as exemptions when it comes to bankruptcy. It is possible that you can keep things like your car and your house. That said, you should speak with your attorney about the kinds of monthly payments you will need to make on these items. If, however, these are things you wish not to keep because you know their monthly payments are more than you can afford or more than you want to pay, speak with your lawyer about giving up these properties.
Call Our Office to Get the Help You Need
We know that filing for bankruptcy can be a difficult process for you emotionally and having an attorney on your side who understands what you are going through can help relieve a great deal of stress. We are here to answer any questions you may have regarding the bankruptcy process and are awaiting your call. To speak with our Chapter 7 bankruptcy lawyer in Galesburg, Illinois, call us now.