Bankruptcy in Joliet and Chicago

With the current economic conditions, people across Illinois are finding themselves in the unfortunate position of having to declare bankruptcy. Many of these cases are focused in and around Chicago and Joliet. Bankruptcy attorneys know that these are tough jurisdictions to deal with the bankruptcy proceedings, and that the judges in these areas can be very strict. Many of these individuals find themselves filing for Chapter 7, a very challenging process to face alone. There are a few reasons why this process can be so tough.

In Chapter 7 bankruptcy every state is allowed to make its own rules on what property an individual is allowed to keep or has to give up. Illinois is unfortunately one of the states with very strict rules around this aspect of bankruptcy. Many individuals find themselves faced with giving up cars, personal possessions, sometimes even a house. It can be extremely emotional and traumatic to see your personal possessions carried out of your home and taken away to pay off a fraction of your debts.


The way this process works is that the state appoints a trustee. It is up to the trustee as a neutral third party to decide what to sell off within what's allowed by the provisions of state law. This individual will not be sympathetic to you as their job is to use your estate to pay as much of your debts as possible. Many people don't realize until well into the process just how much they are going to lose and by that time it's too late to go back and file differently or make use of the many legal protections that are in place.

However, you do not need to go through all of this alone. A skilled bankruptcy attorney will be able to guide you through the process in a way that ensures your rights and helps you keep as many of your belongings as possible. Attorneys know what you're facing and they are ready and prepared to fight on your behalf.

More and more people are seeing how hard it is to go through the bankruptcy process in Joliet or Chicago. Bankruptcy can be a devastating and life-changing process but it does not have to be the end of everything. There are many provisions in place to protect you during the process. Get a bankruptcy lawyer and make sure you don't miss any of them.

Sam H Pitt is the author of the article on somekeywordSam H Pitt is the author of the article on somekeyword

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