Five to ten minutes of yes-or-no questions from the trustee, under oath, on Zoom. Creditors may attend but rarely do. A Chicago attorney explains.
Category Archives: Bankruptcy Questions
A notice goes to every creditor and collection stops. About 30 days later comes a short meeting of creditors on Zoom. A Chicago attorney walks through it.
Legally you can file pro se. In practice the two worst outcomes are losing property that could have been protected and not receiving a discharge at all.
Generally no. Every debt must be listed, even a zero balance, and issuers are notified automatically. A Chicago bankruptcy attorney explains what to expect.
If you can dig out on your own within six months, wait. If you cannot, filing sooner protects more. A Chicago attorney on the situations that call for speed.
Three to five years, with a maximum of 60 months. A Chicago bankruptcy attorney explains the Chapter 13 timeline and how clients pay off plans early.
About 110 days from filing to discharge. A Chicago bankruptcy attorney walks through the timeline step by step, including the Zoom meeting of creditors.
Yes. The automatic stay stops a repossession the moment the case is filed, giving you a window to catch up, cure the default or insure the vehicle.
Yes, and a pending lawsuit is one of the best reasons to file. Chapter 7 can stop a collection suit or a garnishment immediately.
Yes. The automatic stay ends collection calls the moment you file, and under federal law they should stop even earlier, once you hire an attorney.