Medical bills are the easiest debt of all to discharge. A Chicago bankruptcy attorney explains how they are handled in Chapter 7 and Chapter 13.
Category Archives: Chapter 7 Bankruptcy
Yes. Credit card debt is the most common debt discharged in Chapter 7 and one of the easiest. A Chicago bankruptcy attorney on how it works and what it costs.
Most of what people owe can be wiped out: credit cards, medical bills, personal loans, utilities, repossession and foreclosure deficiencies. A Chicago attorney on what survives.
Chapter 7 eliminates debt fast. Chapter 13 repays it over three to five years to save a home or car. A Chicago bankruptcy attorney explains which fits which situation.
Most gainfully employed people with no money left at month end qualify for Chapter 7. How the Illinois median income test works, from a Chicago bankruptcy attorney.
In most cases, no. How the Illinois homestead exemption — now $50,000 per owner as of 2026 — decides whether Chapter 7 or Chapter 13 protects your home.
In most cases you keep the car and keep paying. How reaffirmation works and how the Illinois motor vehicle exemption applies to a paid-off vehicle.
Yes — filing stops a wage garnishment immediately, under Chapter 7 or Chapter 13. What the automatic stay does and why waiting costs you money.
Your score takes an initial hit, but most people rebuild within six to twelve months and can finance a car almost immediately. A mortgage is realistic in about two years.
Imagine getting stuck in a financial storm. Debt is swirling around you, creditors are knocking at your door, and it feels like there’s no way out. Then, you catch a glimmer of something in the distance. Could it be a lifeline? You’ve heard of Chapter 7 Bankruptcy, but is it the right choice for your […]