Which form of bankruptcy is right for me?

Although bankruptcy may seem like a frightening decision, it is often the best solution to help people restructure their finances and organize their lives. Because not every debt situation is the same, there are several kinds of bankruptcy available to people who are struggling financially. For instance, bankruptcy for businesses is typically different from bankruptcy for individuals.

Some forms of bankruptcy include:

• Chapter 7 – for individuals and businesses, allows for liquidation
• Chapter 11 – for businesses
• Chapter 12 – for farmers and fishermen
• Chapter 13 – for businesses and individuals, involves creating a repayment plan

An experienced bankruptcy attorney could help you decide which form of bankruptcy is right for you and your loved ones.

Contact Us

At the Law Offices of Stuart B. Handelman, a Chicagoland bankruptcy attorney is well-equipped to handle your Chapter 7 and Chapter 13 bankruptcy cases. We have been serving the community for years and are committed to making your bankruptcy filing as smooth as possible. Contact us today at 312-360-0500 to discuss your situation.