In my many years as a Peoria Illinois Chapter 7 Bankruptcy Lawyer I have had the privilege of working with individuals and families struggling with difficult financial situations, helping them to get the information they need to make important decisions. After taking the initiative to gain an understanding of the bankruptcy process and their potential eligibility, many clients express relief that bankruptcy protection is an option they can pursue, now or in the future. The key boils down to … [Read more...]
Google Rating
Based on 67 reviews
Facebook Rating
Based on 7 reviews
Yelp Rating
Based on 1 reviews
341 Bankruptcy Hearing…What to Expect
Shortly after you file your bankruptcy papers you will receive a notice of the date of your meeting of creditors, also called a 341 hearing. This meeting is where you meet with the trustee assigned to your bankruptcy case. The trustee is responsible for administering your bankruptcy estate and their job is to make sure that your creditors get paid as much as possible. In order to do this, the trustee wants to ensure the accuracy of your documents and your reported income. In this … [Read more...]
Google Rating
Based on 67 reviews
Facebook Rating
Based on 7 reviews
Yelp Rating
Based on 1 reviews
Bankruptcy’s Automatic Stay Keeps Creditors at Bay
If you are facing an eminent home foreclosure or fear your car will be repossessed any day, it is possible to stop creditors from acting by filing an emergency petition. Filing an emergency petition will result in a federal court order called an 'order for relief/automatic stay' which can protect you from certain actions by your creditors. The emergency petition requires less initial documentation to expedite the process, but you will need to submit a complete filing within a specified time … [Read more...]
Google Rating
Based on 67 reviews
Facebook Rating
Based on 7 reviews
Yelp Rating
Based on 1 reviews