Bankruptcy is a useful tool. It can wipe out some debts and help you repay others. Bankruptcy can help restore utilities service or reinstate a drivers' license. It can stop a mortgage foreclosure or reverse a wage garnishment. But bankruptcy cannot fix everything.
Are you dealing with any of these problems?
- You are in danger of losing your home through foreclosure or a property tax sale.
- You want to reduce your wage garnishment.
- You received a shutoff notice for utilities service, such as gas, electric, or water.
- Your driver's license is suspended and you need it reinstated.
- You need debt collectors to stop calling or coming to your house.
- You live in subsidized housing and received a termination notice.
- You cannot afford to pay your credit cards or other bills.
Have you wondered if you should file bankruptcy?
This program can help you find out if bankruptcy is right for you. It asks you why you are thinking of filing bankruptcy, and questions about your income, debts, and the value of your property. Once completed, you can see whether Chapter 7 or Chapter 13 bankruptcy fits your situation. Afterwards, you can download a summary of the information with links to related articles and referrals to lawyers as well as the answers to your questions for future reference.
This program does not give legal advice. It does not take the place of advice from a lawyer.
You can use this program if you have lived in Illinois for most of the last 180 days.
To complete this program, you will need to know:
- How much money you owe to others (debts);
- How much money you earn or receive (income); AND
- The value of all your belongings (assets, including your car, furniture, and clothing).
You will need details found on your bills, statements, and pay stubs.
This program was funded by a grant from the American College of Bankruptcy Foundation.