When an individual debtor can no longer meet his or her financial obligations, he or she may seek protection through a bankruptcy proceeding in Kane County, Illinois.
When an individual files for bankruptcy, he or she will usually file for either Chapter 7 or Chapter 13 bankruptcy.
Under a Chapter 7 bankruptcy, the debtor's nonexempt assets are liquidated and his or her debts are paid off. Debts remaining after all nonexempt assets are liquidated are usually discharged.
Under a Chapter 13 bankruptcy, the debtor is put on a court-ordered payment plan. Contact a bankruptcy attorney for legal advice on filing a Chapter 7 or Chapter 13 bankruptcy.
Board Certification in Consumer Bankruptcy Law - The American Board of Certification (ABC) is accredited by the ABA to certify attorneys as specialists in consumer bankruptcy law.
NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.
Lawyer Referral Service in Kane County, IL - The Kane County Bar Association ("KCBA") sponsors a lawyer referral service that helps the public find an attorney in St. Charles, IL, and throughout Kane County. The service can be found on the Kane County Bar Association's website at www.kanecountybar.org. When you visit the website you can select from several options and search criteria including area of practice, location, years of practice, and language requirements. The search will return a list of attorneys who meet those search criteria.