If you qualify for a Chapter 7 bankruptcy, our attorneys will devote their expertise to ensuring that your assets can cover your debt without owing anything else to your trustees. We are proud of our affordable rates, since we understand that bankruptcy can take a toll on your finances, so set up a consultation to speak with our Downers Grove Chapter 7 bankruptcy attorneys.
Please contact our friendly
Downers Grove Chapter 7 Bankruptcy Attorneys
at our nearest location to schedule a free consultation:
See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.
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Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.
Kevin O'Flaherty discusses the chapter 7 bankruptcy process in this Learn About Law episode.
This episode of Learn About Law covers the chapter 7 bankruptcy process. After watching, you will have an understanding of what you may be asked to do when you meet with your attorney including what documents you'll need to fill out and any online tests you'll need to complete.
The first meeting of creditors is a meeting held between yourself, your attorney, and a trustee whose job is to make sure there is no fraud occurring in the meeting. While it's called the first meeting of creditors, it's actually very rare that any creditor attends, and the meeting is painless as long as the trustee is not adversarial.
Our Downers Grove Chapter 7 Bankruptcy attorneys talks about when you should file a chapter 13 vs. a chapter 7 bankruptcy.
There are several differences and qualifications to file chapter 13 or chapter 7 bankruptcy. Chapter 13 bankruptcy involves a set up payment plan to pay off the debt in 3-5 years, while a chapter 7 bankruptcy involves selling your assets in order to pay off your debt.