The Law Offices of Robert J. Skowronski, Ltd.(773) 283-1600

Information

What bankruptcy may mean for your debt.

Federal bankruptcy laws may help people address debt, keep property, and rebuild their finances. This information is general education, not legal advice specific to you.

Relief from debt

Federal bankruptcy law allows most types of debts to be wiped out. Bankruptcy can stop lawsuits, foreclosures and garnishments. Once creditors get notice of your case, harassment and collection efforts must stop.

Protecting property

Bankruptcy exemptions may protect homes, cars, cash, belongings, accounts, wages, 401k/IRAs, and more.

The process

For most clients, ending debt problems through bankruptcy takes about five hours of their time, much of it spent gathering documents and taking two brief credit courses online.

Credit score recovery

The site explains that bankruptcy can wipe out bad debt and give you a chance to create a new good credit history.

Privacy

A bankruptcy case may be a public record, but the site notes that people you know may never find out about your case.

The information on this website is for general educational purposes only. It is not specific legal advice. See a licensed attorney before taking any action. An attorney-client relationship can only be formed by signing a written contract for representation.

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