• Free Bankruptcy


    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


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

    Contact Us
  • Meet Our


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

    Click Here

Should You Wait to File Your Bankruptcy Petition?

There are many factors to consider when making the decision to file for bankruptcy. Under certain circumstances, it may be a good idea for you to delay filing. For example, if you anticipate significant expenses in the near future that will result in new debts, then filing too early will leave you responsible for those debts. One example might be undergoing surgery; filing for bankruptcy after your surgery will eliminate your medical debt. 


If you’re considering filing for bankruptcy because you’re facing foreclosure, ask your bankruptcy attorney if it’s a good idea to delay filing. Often, homeowners can obtain a mortgage modification for more favorable terms. However, it’s much more difficult to successfully modify your mortgage after filing for bankruptcy. There are many other reasons why you might wait to file your bankruptcy petition; talk to a lawyer about your unique circumstances.

Cutler & Associates, Ltd. is a bankruptcy law firm with seven convenient locations, including Aurora and Schaumburg. If you have any questions about filing for bankruptcy, give us a call at (847) 505-0380.

FREE Bankruptcy Evaluation

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