The Automatic Stay and Bankruptcy in Illinois
When people visit my office to learn more about bankruptcy, they are often facing urgent debt problems. In many cases, my clients are dealing with aggressive creditors who are prepared to garnish their wages, repossess their car or initiate home foreclosure proceedings.
When faced with such dire circumstances, my clients need fast relief. Fortunately, the U.S. Bankruptcy Code was designed to help people obtain the urgent relief they need. As soon as I file a Chapter 7 or Chapter 13 bankruptcy petition on behalf of my clients with a bankruptcy court, an automatic stay goes into effect which temporarily halts most creditors from further collection activity.
The automatic stay can put a stop to most wage garnishments, halt lawsuits, stop the enforcement of many judgment debts, stop an auto repossession, stop a home foreclosure and put a stop to harassing collection calls. The relief is fast and very effective.
While the stay is in effect, the bankruptcy case proceeds and I seek the lasting debt relief my clients need through their Chapter 7 or Chapter 13 bankruptcy. With Chapter 7 bankruptcy, most debts can be discharged entirely. Chapter 13 bankruptcy results in a payment plan that is often much more affordable for my clients. At the conclusion of the three- to five-year plan, the court may discharge any portion of remaining unsecured debts that it determines a debtor is unable to pay.
If you wish to learn more, contact me, attorney Charles Covey. I have more than 30 years of experience in bankruptcy law and have helped thousands of clients obtain debt relief with a Chapter 7 or Chapter 13 bankruptcy. I am committed to vigorously pursuing the debt relief you need. 309-674-8125.
Contact a Peoria Bankruptcy Lawyer
My law office is located in Peoria, Illinois. Call 309-674-8125 to schedule your free consultation. You may also contact me by e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
