If you have a large debt burden, you have many options at your disposal. Filing for bankruptcy is one of those options. What can bankruptcy do for you? The attorneys at the Sulaiman Law Group, LTD, can help you answer that question. We have extensive experience helping people throughout Chicago and the surrounding region achieve their debt relief goals.
Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago bankruptcy attorney.
Chicago Debt Relief Attorneys
The first thing bankruptcy can do for you is to get your creditors off your back. Filing for bankruptcy creates an automatic stay — a legal injunction that stops creditors from:
- Calling you and writing you threatening letters
- Filing lawsuits against you
- Foreclosing on your property
- Repossessing your vehicle
- Garnishing your wages
The next important thing bankruptcy can do for you is give you debt relief. What extent of relief depends on which bankruptcy chapter you filed under:
- Chapter 7 bankruptcy: In most cases, discharges your debt completely.
- Chapter 13 bankruptcy: Reorganizes debt into a manageable payment plan that lasts from three to five years. It may eliminate some debt as well.
- Chapter 11 bankruptcy: Generally used by businesses with debt problems, Chapter 11 reorganizes business debt and establishes a repayment plan.
Bankruptcy is not right for everyone, but for many it is the best way to stop creditors and resolve debt problems. Our lawyers are dedicated to making bankruptcy law work for you.
Contact Us
Are you facing foreclosure or other debt problems in Illinois? Contact us today online or by telephone at 630-413-9054 to speak with an experienced Chicago bankruptcy attorney.














