In this article, our Naperville Chapter 7 bankruptcy attorneys explain the Chapter 7 bankruptcy process.

After watching, you will have an understanding of how Chapter 7 bankruptcies work, who qualifies for a Chapter 7 bankruptcy, what goes into filing a petition for Chapter 7 bankruptcy, and what happens after the petition is filed.

Find out more about the Chapter 7 bankruptcy process in the full video by our Naperville Chapter 7 bankruptcy attorneys.

In this article, our Naperville Chapter 7 bankruptcy attorneys explain Chapter 7 eligibility under Illinois Law.

We explain what the Illinois "Bankruptcy Means Test" and how that helps determine your Chapter 7 eligibility. A number of factors, from personal income to your current financial situation, are considered in this test, and we go over the most important considerations you will need to know when looking to file under Chapter 7.

To find out if you qualify for a Chapter 7 bankruptcy in Illinois, read the following companion article by our Naperville Chapter 7 bankruptcy attorneys.

In this article, our Naperville Chapter 7 bankruptcy attorneys explain the difference between a Chapter 7 bankruptcy and a Chapter 13 bankruptcy. We explain who can qualify for a Chapter 7 bankruptcy versus a Chapter 13, and the differences in the treatment of assets and debts.

In a Chapter 7 bankruptcy, your debt is completely wiped out, with certain limited exceptions. A Chapter 13 bankruptcy involves a payment plan to pay off the debt in 3-5 years. To assist you, we outline different situations in which our clients may want to file for Chapter 13 bankruptcy rather than Chapter 7 bankruptcy.

Find out more about the differences and what each process involves in this article by our Naperville Chapter 7 bankruptcy attorneys.

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