Top Crystal Lake, IL Chapter 7 Business Bankruptcy Lawyers Near You
903 Commerce Drive, Suite 210, Oak Brook, IL 60523
70 West Madison Street, Suite 5200, Chicago, IL 60602
321 N. Clark Street, Suite 1600, Chicago, IL 60654
190 South LaSalle Street, Suite 3700, Chicago, IL 60603
333 W Wolf Point Plaza, Chicago, IL 60654
211 W. Wacker Dr, 5th Floor, Chicago, IL 60606
3478 S Archer Ave, Chicago, IL 60608
20 N Clark St, Suite 1150, Chicago, IL 60602
111 East Wacker Drive, Suite 2600, Chicago, IL 60601
1 North Wacker Dr, Suite 3700, Chicago, IL 60606-1901
Chapter 7 Business Bankruptcy Lawyers | Serving Crystal Lake, IL
111 W Monroe St, Suite 700, Chicago, IL 60603
320 S Canal St, Suite 3025, Chicago, IL 60606
1755 Park Street, Suite 200 #1132, Naperville, IL 60563
227 W Monroe Street, Suite 1900, Chicago, IL 60606
300 Anthony Ave, Unit 309, Mundelein, IL 60060
111 W Washington St, Suite 1221, Chicago, IL 60602
19 South LaSalle Street, Suite 1201, Chicago, IL 60603
12 Cambridge Drive, Oak Brook, IL 60523-1705
233 South Wacker Drive, Suite 9400, Chicago, IL 60606
939 N Plum Grove Rd, Suite F, Schaumburg, IL 60173
500 West Madison Street, Suite 3700, Chicago, IL 60661
Chapter 7 Business Bankruptcy Lawyers | Serving Crystal Lake, IL
227 W Monroe St, Suite 3900, Chicago, IL 60606
18927 Hickory Creek Dr. Suite 115, Mokena, IL 60448
205 W Randolph St, Suite 2300, Chicago, IL 60606
77 West Wacker Drive, Suite 4100, Chicago, IL 60601
Crystal Lake Chapter 7 Business Bankruptcy Information
Lead Counsel Verified Attorneys in Crystal Lake
Lead Counsel independently verifies Chapter 7 Business Bankruptcy attorneys in Crystal Lake and checks their standing with Illinois bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.