Benefits of Bankruptcy

The Benefits of Bankruptcy

Chicago, IL Bankruptcy Attorney

Individuals filing for bankruptcy will normally have two options for most personal bankruptcies. You will either be filing a Chapter 7 or Chapter 13 bankruptcy to assist you in handling your debt. The benefits differ between the two types and are dependent on your personal financial situation. The primary and immediate benefit you will gain by filing for bankruptcy is relief from the stress and worry you have been experiencing due to your financial situation.

All creditors must stop contacting you immediately upon filing your bankruptcy petition. In addition, any other collection activities must also stop, including garnishment of your wages, foreclosure proceedings on your home, debt collection lawsuits, repossessions or any holds on your bank accounts.

Having the advice and assistance of a qualified Chicago bankruptcy attorney will enable you to obtain all of the information you need in order to make an informed decision regarding your finances. Make certain you call a bankruptcy lawyer at Law Offices of David Freydin when you are ready to discuss your bankruptcy options.

Talk to a Bankruptcy Lawyer Serving Chicago, IL

Filing for bankruptcy does not mean that you will lose everything or even anything. On the contrary, what you stand to gain is freedom from the overwhelming debt and worry you have been experiencing every day. With our helpful staff, we will work for you to determine what assets you will keep and how we can assist you in moving forward to rebuild your credit.

Once a Chapter 7 or Chapter 13 bankruptcy is successfully completed, all of your debt that was eligible to be discharged under bankruptcy laws has been eliminated. You can immediately begin to rebuild your credit rating, using some of the tools you’ve gained from the credit counseling you have received as part of the bankruptcy process. We look forward to helping you with this process and know we can successfully assist you, as we have done for numerous other clients.

Contact a Chicago bankruptcy lawyer from Law Offices of David Freydin do discover what filing bankruptcy can do for you.

Our Client Testimonials

    "Forget All the Others, this Firm is the Real Deal!"
    Charles is an excellent attorney. All of our questions were answered and no question was looked at as dumb. They give all their clients their full attention and you don't see that with too many lawyers. Though we have finished our case with them, they still took the time to answer questions that I had afterward. I would recommend them to anyone who is looking for a bankruptcy attorney.
    V and M Natour - Chapter 7 Clients
    Chicago, IL
    "He Took the Time to Explain Everything"
    I so appreciated Mr. Glanzer's patience in helping me through a challenging time. He took the time to explain everything to me very thoroughly to be sure I fully understood. I'm very grateful to have found him and would highly recommend him.
    Chapter 7 Client
    Chicago, IL
    "A Very Hands on Attorney - Patient & Attentive"
    I found Mr. Glanzer to be a very hands on attorney. Anytime I had any questions or concerns I felt very comfortable calling him and he was very patient with answering all my questions.
    Chapter 7 Client
    Chicago, IL
    "Wonderful to Work With & Very Accessible"
    The guys are wonderful people to work with and they are very accessible and always willing to answer any questions you may have no matter how stupid you think they may be. I will definitely recommend they and use them again if needed in the future.
    Chapter 7 Client
    Chicago, IL
    "He Always Returned Our Calls and Emails"
    Deciding to file bankruptcy was not an easy decision. Mr. Glanzer spent a great deal of time with me and my husband discussing the various options available to us. He answered all of our questions and always returned our calls and emails. Thanks to him, my husband and I now have our fresh start. We are so grateful for his compassion and time. I highly recommend him.
    Deborah, Chapter 7 Client
    Chicago, IL

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Why Choose Us?

  • We offer a FREE case evaluation to all prospective clients
  • We have two convenient office locations in Chicago
  • We have outstanding reviews from former clients
  • We make sure clients are always prepared for their hearings
  • We aggressively protect clients from creditor harassment
  • We return all calls and emails in a timely manner
  • We will keep you up-to-date about any progress in your case
  • We give every client the personal attention they deserve
  • We have successfully handled hundreds of bankruptcy cases
  • We have over 20 years of experience