It is possible under certain circumstances to file a Chapter 7 if a person or couple’s income is over the means test. In this case consulting with a qualified and experienced Bankruptcy attorney is imperative.
Sometimes a Chapter is not possible or not advisable.
Robert has practiced bankruptcy for 20 years and carefully analyzes each case before filing. Larger bankruptcy firms treat each case as a number and may take months if not longer to file your case. Robert is the only attorney who will handle your case from start to finish and returns phone calls in a prompt and professional manner.
Our founding fathers established the right to obtain a fresh start. As our economic status has dramatically changed in the past ten years, more families have needed the assistance provided by a Chapter 7 Bankruptcy.
It not only provides financial relief but emotional release. Stop feeling overwhelmed by your financial situation and call our office today (630) 325 -3711 for a Chapter 7 Bankruptcy Consultation.
Copyright © Law Office of Robert J. Chio. All Rights Reserved. 642 Executive Dr., Willowbrook, IL 60527 (630) 325- 3711 See Home page for disclaimers.
119 S. Kennedy Drive, Bradley, IL
(815) 931 -9424 Bradley, IL
Most people fear the word "Bankruptcy". They fear one or more of the following:
What people fail to recognize is that the ability to have a FRESH START by declaring Bankruptcy was
a process enabled by the Federal Government. The Bankruptcy code makes it possible for people to
get out from under overwhelming dept either by reorganizing or eliminating debt.
Each individual has separate financial issues. Here at the Law Office of Robert J. Chio, we
take a deep look at your income and debt to help you determine the best method of relieving
the burden of debt.
Chapter 7 Bankruptcy is the most common type of Bankruptcy. A Chapter 7 allows you to
eliminate a unsecured debt, medical bills, deficiency on repossessed automobiles and more.
Creditor Settlement is another alternative method of relieving your debt. If Bankruptcy is
not the method you prefer to use, having Robert Chio negotiate settlements amounts between
30 -75 %* less than your current balance is quick and manageable alternative. Please note that creditor settements may result in a 1099 IRS being issued for the amount of the written off balance. Consult your tax representative regarding any possible tax conseqences. Unlike dept consolidation companies our firm is able to quickly and effectively negotiate with creditors and reduce your balances. (Call our office today (630) 325 -3711 to find out how we can help).
*Settlement amounts are not guaranteed.