Benefits of Chapter 7 Bankruptcy
During these difficult financial times, the rate of bankruptcy has increased drastically. In the United States, there were over 1.5 million bankruptcy filings in 2010 alone. One popular option for individuals facing financial hardships is Chapter 7 bankruptcy. By filing for Chapter 7 bankruptcy, you can eliminate certain debts so you can work on rebuilding your credit score. Although bankruptcy may have a negative connotation for some, it is actually highly beneficial for helping you regain control of your finances.
If you or someone you know is suffering financially, you may want to consider filing for Chapter 7 bankruptcy so you can take control of your financial future. At the Law Offices of Stuart B. Handelman, our knowledgeable Joliet Chapter 7 bankruptcy lawyers are dedicated to helping you every step of the way so you can get out of debt and on with your life. Call us today at 815-722-2201 and schedule your consultation.
Advantages of Chapter 7 Bankruptcy
Although filing for Chapter 7 bankruptcy can temporarily damage your credit score, there are many advantages of this type of bankruptcy that can make it the right choice for your situation. Filing for Chapter 7 bankruptcy can provide you with the following benefits:
- Stop creditors from harassing you
- Eliminate certain debts
- Help you keep your property through exemptions
- Let you begin rebuilding your credit score
Every case is different, but if you are looking for debt relief, Chapter 7 may be the best option for you and your loved ones.
Filing for bankruptcy can be confusing, but there is help during this trying time. To speak with a qualified legal professional about your options, contact the Joliet Chapter 7 bankruptcy attorneys of the Law Offices of Stuart B. Handelman today at 815-722-2201. We can guide you through the Chapter 7 bankruptcy process so that you retake control over your debts.