Do you live on the west side of Chicago? Are you struggling to make ends meet? You’re in the right place. There are many reasons why a person might decide to file for personal bankruptcy.
It all boils down to what type of position the person is in and whether seeking bankruptcy protection is the best solution. It may be difficult to know by yourself without talking to someone experienced That’s why Zalutsky & Pinski LTD offers free consultations at 8 Chicago-area offices, including on the west side of Chicago. If you’re struggling, come in and meet with us to see how we can help you.
People are forced into bankruptcy for a variety of reasons. It could be unemployment, reduced pay, illness, death, divorce, rising interest rates, economic recession or something else. But what a lot of people don’t realize is the law is on your side. Bankruptcy law was designed to protect you from creditor harassment and give you a chance to work out a solution supervised by the Court.
Personal bankruptcy is filed under Chapter 7 or Chapter 13. Chapter 7 will eliminate most of your debts and in turn the Court will order your assets liquidated to settle your debts. However, your home and car may be excluded from liquidation. In Chapter 13 your debts are restructured under a payment plan based on your income level and ability to repay. While Chapter 7 is considered more consumer-friendly, Chapter 13 is highly beneficial as well. Determining which Chapter you qualify for depends on your circumstances.
Our attorneys will meet with you at no cost to explain your options and develop a plan customized for you.
If you’re struggling, call us today at 312-273-1217 to set up a free consultation. Parking is free and we offer night/weekend appointments at each location. It’s time for a fresh start. Call now!
By Kerrie Neal