Chapter 7 Bankruptcy: Get The Information You Need

Are you weighed down by debt? Are you ready to begin again? At Schramm Law Group in DuPage County, Illinois, our lawyer is here to help you clear the slate and get a fresh start. In a free consultation, he can answer all your questions such as:

  • How can Chapter 7 help me?
    Chapter 7 can "discharge" or erase all unsecured debts. These include credit card bills, medical debts and certain other obligations. It will also put an immediate stop to wage garnishment.
  • Will it stop creditors from calling me?
    Yes, filing bankruptcy will stop creditors from harassing you by phone, through the mail or through other means. As soon as you file, an automatic stay goes into place that prohibits creditors from contacting you.
  • Will I lose everything I own?
    No, you won't lose all your possessions by filing bankruptcy. Clients often don't lose anything at all. Some of your assets may have to be liquidated to repay creditors, but the law also provides exemptions. A certain amount of your possessions are protected and cannot be taken from you.
  • Can anyone file Chapter 7?
    No, not everyone qualifies to file for Chapter 7 bankruptcy. You must take a means test to determine if your income and assets fall below a certain level. At Schramm Law Group, we will explain everything you need to know and tell you if you qualify. It never hurts to explore your options, so don't hesitate to contact us.

Free Consultation | Home Visits Available

Don't hesitate to schedule a free initial consultation with an attorney about your consumer debt relief options. Simply call Schramm Law Group at 630-592-4492 or email our Addison office today. We can meet you at the location of your choice.

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