Knowledgeable Chicago Bankruptcy Lawyers Serving Kane County, DuPage County, Will County and Surrounding Communities
At Ledford & Wu, we represent clients from Chicago, Illinois, and throughout the surrounding suburbs. If you are struggling with debt and have questions about what can and cannot be discharged in Chapter 13 bankruptcy, we are here to help. Our knowledgeable attorneys can help you understand your rights and guide you through all stages of the bankruptcy process.
Is filing bankruptcy right for you? Contact a Chicago bankruptcy attorney by e-mail or call 888-542-1900 for a free consultation at any of our ten office locations. Our Chicago Chapter 13 bankruptcy attorneys are here to protect your rights.
What Cannot Be Discharged?
Chapter 13 bankruptcy is also known as the "wage earners plan", because it gives people with a steady income the ability to pay down their debts over a three to five year period. Some debts, such as second mortgages, can be eliminated in Chapter 13. Other debts, however, cannot be eliminated under any circumstances:
- Tax debts less than three years old
- Certain Governmental Fines (DUI fines, etc.)
- Child support payments
- Spousal support (alimony)
- Guardian ad Litem fees
- Debt incurred due to fraud
This is not to say Chapter 13 bankruptcy cannot be beneficial if you are struggling with any of these types of debt. For many people, Chapter 13 is a way to get their debt situation under control, while stopping creditor actions such as foreclosure, garnishment and repossession. Our bankruptcy lawyers can help you explore all of the debt relief options available to you, so you can put your debt problems behind you for good.
Contact Ledford & Wu Today
Contact our offices online or call 888-542-1900 to speak with an experienced Chicago bankruptcy lawyer. We are ready to help.
Ledford & Wu has offices in Downtown Chicago, Evergreen Park, Calumet City, North Riverside/Berwyn, Northside/Jefferson Park, Schaumburg, Bolingbrook, Gurnee, Aurora and Elgin.
