Our Peoria Chapter 13 bankruptcy attorneys want to be informed about your debt resolution options. In the following Learn About Law article, we take a closer look at the Chapter 13 bankruptcy process in Illinois and help you know whether or not a Chapter 13 filing can work for your specific matter.

Read the full article by our Peoria Chapter 13 bankruptcy attorneys explaining the Chapter 13 bankruptcy process.

In this article, our Peoria Chapter 13 bankruptcy team explains how Chapter 13 bankruptcy repayment plans work, defines the different classes of creditors, details how each class of creditor must be treated under the repayment plan, and outlines how the length of the repayment plan is determined.

Read the full article by our Peoria Chapter 13 bankruptcy attorneys explaining Chapter 13 repayment plans.

In this article, our Peoria Chapter 13 lawyers explain when it makes sense to file a Chapter 13 bankruptcy rather than a Chapter 7 bankruptcy. We use this article to answer the following questions:

(1) “What is the difference between a Chapter 13 Bankruptcy and a Chapter 7 bankruptcy?”

(2) “When does it make sense to file a Chapter 13 bankruptcy rather than a Chapter 7 bankruptcy?,” and

(3) “What are the eligibility requirements for a Chapter 13 bankruptcy?”

Read the full article by our Peoria Chapter 13 lawyers explaining the difference between Chapter 13 bankruptcy and Chapter 7 bankruptcy.