Experienced Bankruptcy Lawyers in Chicago, Illinois
If you are struggling with debt, you may have questions about what types of debt can and cannot be discharged through Chapter 13 bankruptcy. The experienced attorneys at Ledford & Wu can help you explore all of your debt relief options, answer your questions and guide you through all stages of the process. We are focused on making your debt relief goals a reality.
Is filing bankruptcy right for you? Contact a Chicago bankruptcy lawyer 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.
These Debts May or May Not Be Discharged
Chapter 13 bankruptcy is also know as the "wage earners plan", because it reorganized debt into a payment plan that lasts from three to five years. Depending on your circumstances, certain debts can be eliminated throughout Chapter 13, including second mortgages and junior liens.
While some debts such as child support and alimony cannot be discharged, Chapter 13 bankruptcy can help you reorganize them so that you are able to pay arrears off over time and keep current on payments going forward.
Student loans can only be discharged under rare circumstances, but again, Chapter 13 can help make the payments more manageable.
Every debt situation is unique. If you have questions about what debts can be discharged through bankruptcy, our lawyers can evaluate your situation fully to let you know where you stand. We will answer your questions and guide you through all stages of the process.
Contact Ledford & Wu
Contact our offices online or call 888-542-1900 to speak with an experienced Illinois Chapter 13 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.
