Bankruptcy Lawyer in Quad Cities
During a bankruptcy case, many people fear losing their home and property. Such an outcome is rare in Illinois. It will almost certainly not occur if you invest in legal help. Niebuhr Law Firm’s bankruptcy lawyer in the Quad Cities will fight for your rights and financial security. We strive to ensure that you receive a viable repayment plan and retain ownership of your home, vehicle, and what property the courts allow. In Illinois, you’re authorized to keep up to $4,000 worth of personal property; if you’re married, you can keep up to $8,000 worth.
Choosing a Bankruptcy Lawyer in the Quad Cities
While there are certainly many options for a bankruptcy lawyer in the Quad Cities, choosing the right one is vital to your case. If you’re struggling with your debts, you want an experienced attorney who understands your situation and can connect with you on a personal level. At Niebuhr Law Firm, we make each client our top priority. We work hard to ensure that you receive the legal representation you need.
You need to find a lawyer who understands every aspect of bankruptcy law. Since our doors first opened, Niebuhr Law Firm has exuded nothing but professionalism. We have a history of consistently acquiring favorable outcomes for our clients.
Types of Bankruptcy
There are two specific types of bankruptcy: Chapter 7 and Chapter 13. Chapter 7 is designed to be as quick and easy as possible. Most individuals filing for bankruptcy will choose Chapter 7, as it allows them to retain ownership of most household furniture and appliances, as well as vehicles and property.
Chapter 13, on the other hand, is a thorough repayment program. Your creditors will receive their money in due time by means of fixed monthly payments determined by you and your attorney.