Chicago Bankruptcy Lawyer
Filing for bankruptcy is a major life decision that should be made with the help of a qualified attorney. In all of Chicago, only three attorneys are certified in Consumer Bankruptcy by the American Board of Certification*. Two of the three are partners at Ledford & Wu.
Our Chicago bankruptcy lawyers have more than 50 years of experience representing clients in bankruptcy. We only practice bankruptcy and consumer rights law and we do it well.
To schedule a free consultation with a lawyer at Ledford & Wu, call 888-542-1900 or contact us by e-mail. We have ten office locations and weekend and evening hours to better suit your needs.
Personal Attention Prior to Filing
Filing for bankruptcy can provide immense benefits, such as by being free of debt and free of harassment from creditors. Our attorneys will carefully explain the bankruptcy timeline that you can expect for your situation. We will also answer questions you may have regarding:
- How to choose the right lawyer
- Determining if filing for bankruptcy is right for you
- Common bankruptcy misconceptions
Debt Relief Options
Most individuals filing for bankruptcy will file either Chapter 7 or Chapter 13 depending on their financial situation. Chapter 7 better serves those with larger amounts of debt who wish to start from a clean slate. Chapter 13 better suits those who have money to pay back their debt, but need help reorganizing their monthly payments to suit their cash flow.
Business owners and corporations normally file for Chapter 11 bankruptcy because they exceed the debt limit allowed under Chapter 13. This option allows the company to stay in business and retain key professional relationships.
Rebuilding Your Credit After Bankruptcy
Bankruptcy does more damage to good credit ratings, but makes little difference to those with low credit scores. With our help, your credit rating will not remain low for long. It is critical that you avoid quick-fix schemes, as they will only serve to injure your credit further. Many of these credit repair companies lack the legal authority to act on your behalf. At Ledford & Wu, we can help you to resolve errors in your credit report to get your credit score climbing again.
Do not rely on misconceptions and advice from unqualified individuals to help you determine whether to file for bankruptcy. Call 888-542-1900 or contact a knowledgeable debt relief attorney by e-mail for a free consultation.
