Learn more about filing for bankruptcy in Cook County"Chapter 7 is the “fresh start” provision that allows you to discharge (“wipe out” or “erase”) most of your unsecured debts and start over. Some debts, like student loans, certain taxes and domestic support obligations, cannot be wiped out..."Learn More
Chicago Bankruptcy 13 Bankruptcy Attorney
Learn more about filing Chapter 13 bankruptcy in Cook County
"To qualify for Chapter 13 (as of 2013), you will need a regular income and your secured debts cannot exceed approximately $1,149,525 and unsecured debts cannot exceed approximately $383,175. If you owe more than these amounts, you might have to file for Chapter 11 relief..." Learn More
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Chapter 11 Modified to Address Covid-19 Issues - Call for a no-cost consultation about how we can help.
The CARES Act is designed to address the economic dislocation caused by the Covid-19 Crisis. Among other changes to law, it allows more businesses to use an expedited process to adjust their debts under Chapter 11 of the Bankruptcy Code. FactorLaw’s attorneys are working remotely and are ready, willing and able to discuss how we can use our expertise to help your small business and family grapple with the economic turmoil the Covid-19 Crisis has wrought upon us all.
Considering Filing For Bankruptcy in Chicago?
