Bankruptcy and Avoiding Foreclosure

Many homeowners going through tough financial times may be facing foreclosure. Losing your home because of financial difficulty can be overwhelming and frustrating, and many homeowners fear these effects. However, some forms of bankruptcy can allow homeowners to manage their debts and retain possession of their homes, avoiding foreclosure and the burdens that the process brings.

If you or someone you know is facing a serious financial downturn and would like to explore how bankruptcy may be able to help, contact the experienced Chicago bankruptcy attorneys of the Law Offices of Stuart B. Handelman today by calling 312-360-0500. We may be able to help you eliminate your debts and avoid foreclosure through the bankruptcy process.

Which Form of Bankruptcy is Right for Me?

It can be hard to know which form of bankruptcy is right for you without the advice of a legal representative. However, these two forms of bankruptcy are the most popular:

• Chapter 7
• Chapter 13

These forms of bankruptcy are most popular because both individuals and businesses can apply for Chapter 7 and Chapter 13 bankruptcy. Each person’s bankruptcy case is unique and you may not know if you can avoid foreclosure through bankruptcy until you consult with an experienced attorney.

Contact Us

Knowing your rights before you file for bankruptcy is very important for protecting valuable assets, such as your home. If you or someone you know is considering bankruptcy, contact the experienced Chicago bankruptcy attorneys of the Law Offices of Stuart B. Handelman today by calling 312-360-0500.