There Are 2 Common Chapters For Individuals Claims Palatine Bankrupt...

If you are someone who is struggling financially, help is available.  If you have been going from year to year or month to month or week to week, struggling financially to make ends meet and you just don’t know where to turn, please don’t give up.  Help is available; you just have to seek out a qualified Palatine bankruptcy lawyer to learn your rights.  

In the overwhelming majority of cases, Chapter 7 is going to be the Chapter of choice to eliminate credit card bills, medical bills, personal loans and other unsecured debt.  The process takes approximately 110 days from start to finish and your attorney will guide you through the process.  You simply provide the information that the attorney is seeking and the attorney will then advise you as to how the process works and guide you every step of the way. 

If you are someone who is trying to save a home and you may be in foreclosure or you are about to go into foreclosure, think about Chapter 13 as a viable option to save your home.  Throughout the foreclosure crisis, you didn’t hear anybody in the government talk about Chapter 13 as a remedy to save your home.  You heard plenty about modification and other types of reorganization and contacting your lender for lost mitigation options and things of that nature.  However, you did not hear the president or anybody from the Treasury Department or the Housing Department get on and grandstand about Chapter 13.  For some reason, Chapter 13 doesn’t get the credit that it deserves.