Decatur Bankruptcy Lawyer

Prevent Foreclosure And Keep Your Personal Property

The most common questions people have when considering bankruptcy are: Can I save my home from foreclosure? Can I keep my car and other property? Typically, the answer is: Yes. At the law firm of Paul G. Chiligiris, Attorney at Law, in Decatur, we will assess your unique financial situation and provide you with bankruptcy advice tailored to your goals.

The Difference Between Chapter 7 And Chapter 13 Bankruptcy

Most people are not familiar with the difference between Chapter 7 and Chapter 13 until they speak with a knowledgeable bankruptcy lawyer. If they qualify, most people will choose to file Chapter 7 bankruptcy, as it eliminates all dischargeable debts, including credit card debt, and allows for a fresh financial start. Not all debts are dischargeable. Contact our law firm to learn more.

Chapter 13 bankruptcy is an option for those who have a steady income high enough to disqualify them from Chapter 7. Chapter 13 involves creating a personalized repayment plan that allows a filer to pay off all debts within a three- to five-year period.

It is possible to prevent foreclosure and keep your assets during both Chapter 7 and Chapter 13. Click here for a list of assets you are allowed to keep. Attorney Paul Chiligiris provides foreclosure defense services, as well as bankruptcy filings. He has in-depth familiarity with Illinois' state-specific bankruptcy rules and will provide guidance based on your unique needs.

Contact our firm online or call 217-615-4053 to speak with a Decatur bankruptcy attorney today.

*We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.