Don’t let debt wear you down. There may come a time when you need a bankruptcy attorney in Belvidere, IL, who understands what you’re going through and how to fix it. Bankruptcy may seem confusing and different from what you planned. But what it can mean for you is a stop to harassing calls and time for planning your road forward.
What Do the Different Bankruptcy Chapters Mean?
Suppose bankruptcy is the right solution for your financial situation. In that case, the next step is to decide which type is most beneficial. There are five types of bankruptcy:
- Chapter 7 enables the filer to start fresh
- Chapter 9 is for municipalities
- Chapter 11 is generally filed by corporations and involves a reorganization of assets and debts
- Chapter 12 applies specifically to farms and fisheries
- Chapter 13 allows for a restructuring of finances under the supervision of the court
Deciding which form of bankruptcy is best depends on your situation. Our attorneys will carefully review your finances to secure the most beneficial debt relief feasible.
How We Help
Our attorneys will guide you through the process in the following ways:
- We will Gather and analyze all your financial information.
- Discuss with you the available options.
- Explain the advantages and disadvantages of the different types of bankruptcy chapters.
- And more
Visit the below website to schedule your FREE case evaluation.
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Learn more about our bankruptcy attorney in Belvidere, IL, at Crosby Law Firm.
