• Free Bankruptcy

    Evaluation

    Start on the road to financial freedom; contact us today for a free evaluation.

    Start Now
  • Read What Our

    Clients Are Saying

    Our results speak for themselves; see what our clients are saying.

    Read More
  • Seven Convenient

    Locations

    We have many locations to serve you, click here to find your nearest location.

    Contact Us
  • Meet Our

    Team

    Our team has 30+ years of experience. Get an experienced team on your side.

    Click Here

What to Keep When Filing Bankruptcy

Many people considering bankruptcy are concerned with how it will affect their property. Watch this video to learn more about how Chapter 7 and Chapter 13 bankruptcy deal with property holdings.

 

http://www.youtube.com/v/cpuNxgCk2oc?hl=en&fs=1

Chapter 13 bankruptcy generally allows you to keep the majority of your property because you are not discharging your debts, but rather reorganizing them into a repayment plan. Chapter 7 bankruptcy divides your property into exempt and non-exempt items and auctions off a portion to pay off your creditors, but in exchange, most debt is wiped out.

Bankruptcy laws vary between states, so it is essential that you receive a professional consultation from a bankruptcy lawyer. Our specialists here at Cutler & Associates, Ltd. have been helping families in Chicago, Schaumburg, Oakbrook and the surrounding areas deal with bankruptcy since 1990. Schedule a free bankruptcy evaluation today by calling (847) 849-1834 or contacting us online.

 

More from Bankruptcy Lawyers in Chicago, Schaumburg, Skokie, OakBrook, Hickory Hills, Homewood, Berwyn: bankruptcy lawyer schaumburg, bancruptcy lawyer schaumburg, bankruptcy attorney chicago, bankruptcy attorney schaumburg, Chapter 13 Bankruptcy, bancruptcy attorney schaumburg, Chapter 7 Bankruptcy

Categories: Bankruptcy Blog

FREE Bankruptcy Evaluation

Fill out the form below and one of our experienced attorneys will get in touch with you immediately.