Bankruptcy Overview ::

Is bankruptcy the right solution to your problems?

Let The Fox Valley Legal Group help you decide.

Bankruptcy usually occurs when a person or family hits a rough spot in their lives and needs a little assistance getting through it.

Bankruptcy is a legal procedure that either eliminates or reorganizes debt for individuals, families or businesses. In 2005 there were over 1.7 million bankruptcy filings across the United States. Most of those filings were filed by individuals or families, so you can see that you are not alone in considering bankruptcy as an option.

The following information is designed to help you determine if filing bankruptcy is right for you and, if it is, what is the best option that will help you meet your goals for the future.

Here's how The Fox Valley Legal Group can help resolve your financial problems:

• Determine if filling for bankruptcy is right for you. Not everyone needs to file for bankruptcy.
  
• Familiarize you with the process of bankruptcy so that you don't feel overwhelmed or alone.
• Determine the type of bankruptcy that will benefit you most.
• Organize all necessary information needed to file your case including:
  • Debts
  • Relevant income information
  • Family situation
• Accompany you to your Meeting of Creditors.
• Chapter 7: Help you to eliminate as much debt as possible and resolve any objections that may arise.
• Chapter 13: Develop a payment plan that is affordable for you yet fair to your creditors.
• Advocate on your behalf for any issues that may arise during the course of the bankruptcy.