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We are a Federal Debt Relief Agency - Helping People File for Bankruptcy
Bankruptcy Overview

Chicago Bankruptcy Attorneys

Illinois Chapter 7, Chapter 11 and Chapter 13 Lawyers

At Ledford & Wu, our lawyers have more than 50 years of bankruptcy experience that we utilize to help you eliminate debt in Chicago and its suburbs. Our focus is on bankruptcy and only bankruptcy, which makes us highly familiar with local regulations, trustees, judges and creditors.

For a free consultation with a knowledgeable debt relief lawyer at Ledford & Wu, call 888-542-1900 or contact our law offices online.

The Bankruptcy Process

Bankruptcy issues can be confusing and financial warning signs can grow into bigger problems quickly. That is why we lay out a timeline designed for your situation. From choosing the right bankruptcy attorney to rebuilding your credit after filing, we answer all your questions and can help you decide if filing bankruptcy is right for you.

Bankruptcy Chapters

  • Chapter 7 : Receive a fresh start by discharging all of your eligible debt.
  • Chapter 13 : Individuals who can afford to pay some of their debt back can establish a repayment plan with Chapter 13 bankruptcy.
  • Chapter 11 : Also known as "business reorganization bankruptcy," Chapter 11 permits a company to set up a repayment schedule, allowing for the retention of professional relationships and continuation of business operations.
  • Chapters 9, 12, and 15 : These chapters deal with bankruptcy options for farmers, fishermen, municipalities and cross-border cases.

Foreclosure Assistance

If you want to prevent a foreclosure, filing for bankruptcy may be an option that could save your house. Our lawyers will provide you with the foreclosure information you require.

Stop Creditor Harassment and Discharge Debt

Usually filing for bankruptcy puts an automatic stay on most collection activities. This allows our lawyers to prevent creditors from making harassing phone calls, work to get your repossessed property returned, and put a stop on wage garnishments.

Depending on which chapter is filed, most types of debt can be eliminated. Our lawyers work with your creditors to do away with medical bills and credit card debt. We are also familiar with removing other types of debt.

To Learn More

Accessible Attorneys Working Directly With You

Find out if bankruptcy is the right option for you. Call 888-542-1900 or contact our offices by e-mail to discuss your options during a free consultation with an attorney.