Illinois Real Estate Tax Appeal, Inc. - Rosemont, IL

An Experienced Bankruptcy Law Firm in Cook County

Linda Bal & Associates-Chicago, Illinois

Millions of American families and small-business owners are going through tough financial times right now. If you are too, it is important to consider all of the options that can help put you back on solid financial ground. Filing bankruptcy may be one of those options. In fact, it is the best and most logical option for many. It is also a legal right, provided for in the Constitution. It is certainly, in no way, shape or form, an option to be ashamed of.

For more than 20 years, individuals, families and small businesses in Cook County and northeast Illinois have been turning to the law office of Linda Bal & Associates for clear information about bankruptcy, honest answers and quality legal services. Today, we're here for you, ready to take the fear and uncertainty out of the process, ready to help you find the debt relief you need, and ready to win you over with our personable, friendly and supportive approach.

An initial consultation with one of our attorneys will cost you nothing. What you will gain at the very least, however, is an accurate picture of your financial situation, your debt relief options and how our law firm can help you. Clients repeatedly compliment us on our ability to explain the issues and processes in clear and easily understandable terms. We take great pride in this, and in the personal service we provide our clients with in every case.

Chapter 7 Bankruptcy

While most consumers opt for Chapter 7, this type of bankruptcy isn't the right solution for everyone. Chapter 7 may be the right option for you if all of the following statements apply:

• You have not received a bankruptcy discharge in an earlier case filed within the past eight years.
• You don't have many assets that you'd have to surrender to a trustee.
• You're current on home and car payments, or willing to surrender them to the trustee.
• You don't have much money left over each month after paying expenses.

Our flat fee of $795 plus court costs for most Chapter 7 cases and the free consultation we offer reflects our understanding of your current financial situation.

Chapter 13 Bankruptcy

Although Chapter 13 requires you to repay a portion or all of your debt over the course of a three- to five-year repayment plan, it is usually the preferable way to file in any of these situations:

• You want to keep your home while catching up on past-due mortgage payments over time.
• You need time to pay off past-due support obligations.
• You owe tax debts that you want to pay off without interest or penalties.
• You have significant non-exempt assets you would have to give up in a Chapter 7.
• You received a discharge in a bankruptcy case filed within the past eight years.
• You earn enough money to pay monthly expenses with ease and want to do your best to repay creditors at least some of the amount you owe.

We offer a no money down program in Chapter 13 cases for qualified wage earners. How does it work? Simple. Our legal fees are factored into the repayment plan, and we receive payments from the trustee as part of that plan.

Foreclosure Defense

When filing for a Chapter 7 Bankruptcy, if you want to keep your home, timing is very important. The homeowner who loses their job, spends their savings, sells their jewelry, liquidates their 401(k) to pay the mortgage needs to time the Chapter 7 Bankruptcy. Filing too early or too late may leave you with significant debt problems. Every case is different. Our attorneys will ask the questions to help you fully understand your individual situation and help you make the best choice possible.

Contact Our Chicago Law Office for a Free Consultation

To schedule a free initial consultation at our law firm's Chicago office, e-mail us or use our toll-free number, 866-789-1040. Day, evening and weekend appointments are also available at our law firm offices in Huntley, Naperville and Itasca.

The law firm of Linda Bal & Associates is a debt relief agency committed to helping clients in DuPage County, Cook County, Will County, Kane County, McHenry County, Kendall County, Lake County and other parts of Illinois file for bankruptcy relief under the provisions of the U.S. Bankruptcy Code.