Repair Finances with Chapter 7
Despite the stigma that Chapter 7 sometimes carries, filing for bankruptcy could be the smartest thing you do for your finances.
Did you know that when you successfully file for bankruptcy, you will be protected from creditor harassment? For those individuals who receive daily calls from creditors, this can be an incredible relief.
Chapter 7 bankruptcy can protect you from so much more than phone calls. If you have any lawsuit pending at the time of your bankruptcy, they are usually postponed. Additionally, any new lawsuits will not be allowed to be filed against you while you are under bankruptcy protection.
Another benefit is that when a judge approves your bankruptcy case, an automatic stay will be placed on your creditors. That means that they will not be able to contact you about collecting money, nor can they actually collect money unless approved by the court.
If you are curious about how Chapter bankruptcy can help you, contact a Chicago Chapter 7 attorney from our firm now so you can set up a
case evaluation and get the legal help you need to confront your finances once and for all.