Schaumburg Bankruptcy Attorney Helps You Find Relief

At LaPapa Law Group, we are experienced Chapter 7 and Chapter 13 bankruptcy attorneys.

A Chapter 7 bankruptcy in Cook, Dupage and Will Counties allows a person to eliminate most or all of his or her debt while keeping real and personal property as allowed by law. In most cases, a person may keep their home and car in a Chapter 7 bankruptcy filing in Illinois.

Chapter 7 eliminates:

  • Credit Card Debts;
  • Medical Debts
  • Personal Loan Debts
  • Lawsuit Debts
  • Judgments – Unless fraud or criminally related
  • Deficiency Debts on Repossessed Autos and Foreclosures
  • Some IRS Debts
  • Most Personal Injury Debts Caused By Negligence
  • Repossession

A Chapter 13 bankruptcy allows a person to consolidate their debt while making monthly payments to a trustee. A payment plan is proposed which repays all or a portion of the debt over a three to five year period. The amount of the monthly payment and the length of the repayment plan are based on income, expenses, and the nature of the debt.

The most common uses of Chapter 13 involve:

  • Repayment Of Home Mortgage Arrears;
  • Restructuring Of Auto Loans To Save A Vehicle

Contact LaPapa Law Group today at 773-779-9090 for a consultation regarding your financial situation, and regain control of your life.

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

Payment plans are available. LaPapa Law Group  is dedicated to providing a higher caliber of legal services and passionate representation