Reduce Your Debts
Many people are surprised to learn that certain debts can be reduced — or erased completely — in bankruptcy. Why continue to struggle financially and constantly worry when you might be eligible for real relief?
The law firm of Robert J. Adams & Associates is here to help you get out of debt and get your life back on track. Our Chicago bankruptcy lawyers can identify all eligible debts so that you can take full advantage of the opportunity to reset your finances.
Ready For A Fresh Start?
Relief is a phone call away. Call (312) 724-5650 today to arrange a free bankruptcy consultation at our offices in Chicago (West Loop) or Waukegan.
Eliminate Your Unsecured Debts
Through Chapter 7 bankruptcy you may qualify to discharge unsecured debt — debts that are not secured by collateral. Our experienced attorneys have helped clients wipe out thousands of dollars worth of:
- Medical bills not covered by insurance
- Credit card balances
- Payday loans (cash advances) and car title loans (title pawns)
- Traffic tickets (parking, speeding, red light and tollway fines)
- Property taxes and income taxes
- Second mortgages (home equity loans)
- Personal loans and lines of credit
Discharging debts is never automatic. Some debts such as taxes must meet specific criteria. Debt incurred in the months before filing for bankruptcy may not be eligible. It is important to work with a knowledge lawyer who deals with these issues every day. We can help you avoid mistakes and to shed the maximum amount of debt.
Some Debts Are Non-Dischargeable
In general, bankruptcy cannot discharge mortgage arrears (if you are keeping the house), auto loans and other secured debts, student loans, criminal fines and restitution, personal injury judgments, child support and alimony obligations, and certain taxes. However, discharging your eligible debts will free up a lot of money to pay these other obligations.
If most of your debts are non-dischargeable, you may want to consider Chapter 13 bankruptcy to spread out your repayment over several years.
Get Started On The Road To Debt Relief
We offer a free, no-obligation consultation to answer all your bankruptcy questions. If you can’t pay the filing fee, you may qualify to file for no money down so you can reduce debt and get creditor relief as soon as possible.
Call 312-767-5136 today or contact us online. We represent people of Cook County and Lake County, Illinois, with offices in Chicago (West Loop) and Waukegan.
Call For Your Strategy Consultation