Chapter 13 bankruptcy is for individual debtors in Lake County, Illinois who cannot meet their financial obligations but do not wish for all their nonexempt assets to be liquidated and want to avoid those assets being foreclosed upon or their wages being garnished.
In a Chapter 13 bankruptcy, the debtor's finances are reorganized and he or she is put on a payment plan. Unlike in a Chapter 7 bankruptcy, the debts are not discharged at the end.
Contact a bankruptcy lawyer in Lake County, Illinois for legal advice on filing a Chapter 13 Bankruptcy.
NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.
Lawyer Referral Service in Lake County, IL - The Lake County Bar Association in Waukegan, IL, maintains an online Lawyer Referral Services that helps individuals and businesses find a qualified attorney throughout Lake County, Illinois. The service also benefits the members of the Lake County Bar Association by providing them with another potential referral source. Attorneys are screened for their good standing with the Illinois State Bar and experience in a particular practice area. The attorneys must also maintained malpractice insurance. The attorneys serve on different panels based on their area of concentration.