Consumer Bankruptcy Lawyers in Peoria County, IllinoisWhen an individual debtor can no longer meet his or her financial obligations, he or she may seek protection through a bankruptcy proceeding in Peoria 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 Peoria, IL - The Peoria County Bar Association sponsors a lawyer referral service that helps individuals and businesses find private attorneys practicing in Peoria County or Tazewell County, IL. The attorneys that participate in the service agree to charge a nominal referral fee in exchange for a 30 minute consultation with the client. You can complete the online form or call the service at 309-674-1224 for the referral.
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