Law Offices of Barry Kreisler, P.C.

_____________________________________________________________________

Attorneys and Counselors At Law                        (773) 394-6400

CHICAGO CHAPTER 7 BANKRUPTCY ATTORNEYS

Chapter 7 bankruptcy, also known as a liquidation, generally allows for the discharge of unsecured debt.  Chicago and Northwest Indiana clients who file under Chapter 7 usually are able to exempt most of their assets; so those clients actually keep their belongings.  Also, clients who are current in their payments can keep their house and cars.

DEBTS THAT ARE DISCHARGED IN CHAPTER 7:

PERSONAL LOANS

CREDIT CARDS

MEDICAL BILLS

JUDGMENTS

CERTAIN TAXES AND PENALTIES

REPOSSESSION DEFICIENCIES

CERTAIN AUTO ACCIDENT CLAIMS

NEGLIGENCE CLAIMS

PAYDAY LOANS

FILING FOR RELIEF UNDER CHAPTER 7 STOPS:

CREDITOR HARASSMENT

As soon as you file for relief under Chapter 7 the "automatic stay"

goes into effect and no creditor or collection agency can contact you

in any way.  Creditors are also immediately barred from making any

further collection efforts.

LAWSUITS

The automatic stay also serves to immediately stop any lawsuits filed

against you. 

EVICTIONS

The automatic stay will stop evictions and you may be able to "catch

up" past-due rent and remain in your home.

DEBTS THAT ARE NOT DISCHARGEABLE UNDER CHAPTER 7:

RECENT TAXES

CHILD OR FAMILY SUPPORT OBLIGATIONS

STUDENT LOANS

CRIMINAL FINES OR RESTITUTION

ACCIDENT CLAIMS ARISING BECAUSE OF INTOXICATION

Clients with large non-dischargeable debts may find that filing for protection under Chapter 13 of the Bankruptcy Code will be preferable to filing under Chapter 7.  We can help you determine which Chapter is better suited to address your unique financial situation.  Contact us today to schedule a free review of your financial situation.

According to an article in the March 15, 2009 edition of the Chicago Tribune, Bankruptcy may be the cure for many financially troubled Chicagoans.  Click here to see a copy of the article.

Law Offices of Barry Kreisler, P.C.

     3001 W. Armitage Avenue

Chicago, IL 60647

(773) 394-6400, ext. 3

bk@kreislerlaw.com

We are a debt relief agency.  We help people file for protection under the U.S. Bankruptcy Code.

©Law Offices of Barry Kreisler, P.C. 2010

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A Chicago Bankruptcy law firm with bankruptcy attorneys serving chapter 7 and chapter 13 bankruptcy law clients throughout Chicago, the Chicago metropolitan Area and Northwest Indiana, including the counties of Lake, Porter, and LaPorte and cities of Crown Point, Merrillville, Highland, Munster, Griffith, Schererville, Dyer, St. John, Gary, Hammond, Hobart, Portage, East Chicago and Valparaiso.

Proud members of the National Association of Consumer Bankruptcy Attorneys (www.nacba.com)

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• CHICAGO CONDOMINIUM LAW - ARTICLE RE USE OF EVICTIONS ION COLLECTION OF PAST DUE CONDOMINIUM AND TOWN HOME ASSESSMENTS
  

• PROVISIONS OF ILLINOIS FORCIBLE ENTRY AND DETAINER ACT PERTAINING TO CONDOMINIUM EVICTIONS
  

• CHICAGO CONDOMINIUM ORDINANCE TEXT
  

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• CHICAGO NEW CONDOMINIUM ASSOCIATION FREQUENTLY ASKED QUESTIONS (FAQS)
  

• ITEMS TO BE TURNED OVER BY DEVELOPER TO NEW ASSOCIATION - SECTION 18.2 OF ILLINOIS CONDOMINIUM PROPERTY ACT
  

• Chicago Condominium Association Meetings and Elections - Laws and procedures - presentation by Barry Kreisler at the Fall, 2009 Convention of the Association of Condominium, Townhome and Homeowners Associations
  

• Provisions of the Illinois Condominium Property Act specifically related to Condominium Association Meetings and Elections
  

• Provisions of the Illinois Not for Profit Corporation Act specifically related to Condominium Association Meetings and Elections
  

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• Chicago Eviction Lawyer Forms Summons for Trial
  

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• Chicago Probate and Estate Administration Attorneys Forms: Receipt and Approval on Closing of Decedent’s Estate in Independent Administration
  

• ILLINOIS RULES OF DESCENT AND DISTRIBUTION TEXT
  

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• ILLINOIS PET TRUST LAW TEXT
  

• ILLINOIS TRUSTS AND TRUSTEES ACT TEXT
  

• ABOUT THE FIRM
  

• ATTORNEY PROFILES, BARRY KREISLER, MELANIE PENNYCUFF
  

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3001 W. Armitage Ave.

Chicago, IL 60647

This page was last updated: January 18, 2010