Chapter 7 Bankruptcy in Illinois

How Much Does It Cost?

In Chicago and the rest of Illinois, you will have to pay a filing fee of $335 when you file your case. At DebtStoppers, we’ll advance you the filing fee cost, so you can get the debt relief you need today with no up-front cost.

Because every case is different, our legal fees can vary, but are among the most reasonable anywhere. Affordable payment plans are always available.

What's Required To File for Chapter 7?

Bankruptcy laws can be tricky. There are rules and restrictions on who can file and what they need to do. Before you can qualify for bankruptcy, you'll need to participate in a credit counseling briefing conducted by a qualified credit counselor. Additionally, before the court discharges your debts, you will need to enroll in a debtor education or financial management course.

The Means Test

To qualify in Chicago, you will have to pass what is called "the means test" to determine that you have no other way to pay off your debts. The means test will evaluate your household income and your disposable income. Most people in a financial situation dire enough for them to consider bankruptcy will not exceed the means test's income limits.

How can DebtStoppers help you with bankruptcy in Illinois today?

DebtStoppers can help you today. Whether you have questions or are ready to move forward with bankruptcy, our team of expert attorneys is here to help. Our lawyers are happy to provide you with a free consultation to answer your questions and make sure you understand your options.

If you are facing a repossession, foreclosure, or wage garnishment, DebtStoppers can help you protect your assets and get a fresh start.

It’s important to remember that the sooner you take action, the more options you may have. DebtStoppers will help you every step of the way.

What Happens When I File for Chapter 7 Bankruptcy?

Once you have filed, a case trustee will meet with you and your lawyer to obtain information about your financial situation and property. The trustee will decide which assets you can keep and which you have to sell to pay your unsecured creditors. Although the law allows the trustee to sell non-exempt assets to pay off your unsecured debt, it is our experience that DebtStoppers clients rarely lose any possessions at all.

The rules can be complicated and confusing. Contact DebtStoppers today to schedule a free, no-obligation consultation, and one of our experienced Illinois bankruptcy lawyers can help you determine if you qualify for Chapter 7 and whether it's the best option for you.

DebtStoppers is the only Illinois firm offering you real $0 up-front Chapter 7. We even advance your $335 filing fee, so you don’t have to wait one day to get the help you need. Call or text us now at 312-913-0630.

Is bankruptcy in Illinois the right choice for you?

Bankruptcy is a powerful tool that can help you protect your assets and get a fresh financial start. Whether bankruptcy is the right choice for you depends on several factors, but in general, if you have more debt than you can manage, bankruptcy may be the right option. Bankruptcy can be an ideal option for people facing unmanageable credit card debt, medical bills, or personal loans.

If you have already missed making your monthly payments, you may be on the receiving end of aggressive or non-stop collection efforts. Filing bankruptcy will immediately stop most collection efforts, including lawsuits, repossessions, foreclosures, and wage garnishments.

To know if bankruptcy is the right choice for you, it’s wise to consult with an experienced bankruptcy attorney in Illinois who can help you assess your situation and understand your options.