Your Guide to Bankruptcy Law for Bloomington IL
Living in debt is stressful for anyone. However, what happens when that debt becomes unmanageable? With debt collectors sending notice and bills stacking up, how can you escape such a financially crushing scenario? The answer is simple: it’s time to consider your options for bankruptcy. However, if you’ve never dealt with bankruptcy law in Bloomington IL before, it’s best to have a legal guide by your side. Be sure to call the legal professionals at Stephens Fiddes McGill & Associates, P.C. today.
Why Hire an Attorney?
Bankruptcy can be a confusing concept to grasp, especially for those going through the process for the first time. Thankfully, Stephens Fiddes McGill & Associates have handled hundreds of bankruptcy cases. Having an attorney assist with your bankruptcy filing can alleviate much of the stress surrounding bankruptcy.
- Understand Your Options – While you’ve decided to file for bankruptcy, what chapter will work best for you? Working with your lawyer, a decision can be made on how best to organize your debt. Chapter 7 or Chapter 13 are your most likely options for bankruptcy choices. However, if you’re a business looking to file for bankruptcy, Chapter 11 might be the best route to take.
- Manage Creditors – The biggest frustration about being in debt can be the consistent harassment from creditors looking for payment. And while specific Illinois laws limit what creditors can and can’t do, dealing with them can still be stressful. Thankfully, when you hire an attorney for help with bankruptcy, we will deal with creditors. Bankruptcy filing is the best way to put an end to creditor harassment.
- Increased Chances of Acceptance – Filing for bankruptcy isn’t a guaranteed success for anyone that goes through the process. The court must first approve your application. If they believe your case to be legitimate and your reasons for bankruptcy filing justified, they will accept your filing. And due to our knowledge and experience with bankruptcy law in Bloomington IL, we can help increase your chances of acceptance.
Additional Legal Guidance
Bankruptcy isn’t the only legal issue Stephens Fiddes McGill & Associates has experience litigating. Our practices target the areas of law most important to our clients and their continued wellbeing. As such, we offer legal guidance for:
- Criminal Law
- Family Law
- Personal Injury
- Probate Law
- Real Estate Law
- Social Security Disability
- Traffic Law
- Workers’ Compensation
Talk with Our Team
Don’t let the intricacies of bankruptcy law in Bloomington IL get you down. Find the solution to your financial woes with help from Stephens Fiddes McGill & Associates, P.C. To learn more or schedule a free case evaluation, call us today at 309-637-5297. Also, we are located at 456 Fulton St, Ste 222, Peoria, IL 61602.