If you have a large debt burden and earn a steady paycheck, Chapter 13 bankruptcy may give you the ability to stop creditor actions, while reorganizing your debt into a manageable payment plan.
At the Sulaiman Law Group, LTD, we have significant experience handling Chapter 13 bankruptcy cases for clients throughout Chicago and the surrounding suburbs. We know debt relief law and we know how to make it work for you.
Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago Chapter 13 bankruptcy lawyer.
What Can Chapter 13 Do for You?
Chapter 13 bankruptcy is a debt consolidation supervised by the federal bankruptcy court. Chapter 13 is well suited to homeowners facing foreclosure and other borrowers who need debt relief and have property they wish to keep.
When you file for Chapter 13 bankruptcy:
- The automatic stay will go into effect, stopping your creditors from taking actions against you.
- You (or your attorney) will present a payment plan to the bankruptcy trustee.
- When the plan is accepted, you will make regular monthly payments.
- You will continue to make monthly payments over a three to five year period.
- At the end of that period, your debt will be discharged.
Chapter 13 bankruptcy is not right for everyone. Our lawyers will work with you personally to determine if it is a good option for you. Our versatile practice offers clients numerous debt relief options, including foreclosure defense litigation.
Contact Us
Are you considering filing for Chapter 13 bankruptcy in Illinois? Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago bankruptcy attorney.














