In this article, our Champaign County chapter 7 bankruptcy lawyers explain the chapter 7 bankruptcy process. Bankruptcy is an excellent tool to allow individuals and businesses to get a clean slate and a fresh start. However, it is often not the only option. Depending on the number of creditors, the type of debt, and the amount of debt, working with our Champaign County attorneys to renegotiate your debt may be preferable to bankruptcy. Creditors are often willing to significantly reduce the amount of your debt and allow it to be paid over time, especially when they are dealing with your attorney and there is a credible threat of bankruptcy. Our experienced Champaign County attorneys will educate you on your options and help you choose the right course of action for you, your family, or your business.