Collinsville

Bankruptcy Assistance For Collinsville, Illinois

If you’re crippled by a mountain of debt and see no way out in the foreseeable future, then filing for bankruptcy might be the solution you desire. Over the past decade, Attorney Michael J. Benson of A Bankruptcy Law Firm, LLC has helped hundreds of Collinsville residents recover from piling debt. A Bankruptcy Law Firm, LLC specializes in consumer bankruptcies, which allows us to alleviate your debt problems with a Chapter 7 or Chapter 13 bankruptcy filing. In filing for bankruptcy, you can:

1. Halt Home Foreclosure
2. Eradicate Credit Card Debt
3. Stop Creditor Harassment
4. Save Your Possessions
5. Protect Your Retirement Savings
6. Avoid Vehicle Repossession

Fortunately for debtors, the federal bankruptcy laws applied by the state of Illinois are extremely forgiving. In most cases, payday loan debts, medical expenses, utility bills, credit card debts, deficiency debt related to car repossessions and home foreclosures, and more can all be discharged in a Chapter 7 bankruptcy. Moreover, because A Bankruptcy Law Firm, LLC only handles bankruptcies, we’re able to provide you with the best results in a timely manner.

Why Trust A Bankruptcy Law Firm With Your Bankruptcy?

There are many solutions for debt reduction, but not all of them are good solutions. In fact, a lot of debt reduction tactics can do more harm than good. Individuals weighed down by the burden of mounting debt can fall into the trap of making drastic and extremely harmful financial mistakes. Such mistakes include:

1. Stressing close relationships by borrowing money from friends and family
2. Engaging in fraudulent/illegal activity or gambling to earn cash
3. Securing loans from payday loan companies at rates of up to 300%
4. Writing bad checks that could result in prosecution or high bank fees
5. Taking out cash advances on credit cards
6. Accidentally selling assets that are protected from creditors
7. Unnecessarily liquidating retirement accounts to pay bills

As debt begins to mount, it’s important to weigh all of your options before taking any action. A local Collinsville bankruptcy attorney can sit down with you to discuss your unique financial situation and plot the best strategy to pursue. The benefit of contacting A Bankruptcy Law Firm, LLC is the power that comes with having a certified accountant, investor, and licensed attorney on your side. The firm founder, Attorney Michael J. Benson, is one of only a handful of attorneys to have obtained a licence to practice law, a CPA license, and a Series 7 license. Michael’s immense knowledge in a wealth of financial avenues gives him the ability to provide in-depth advice to help you repair and rebuild your finances. Contact A Bankruptcy Law Firm, LLC today to set up a free initial consultation.

Debt Management Resources In Collinsville

Just because finance is labeled “personal” doesn’t mean you have to work on your finances alone. There are a number of local Collinsville businesses available to help you in your pursuit of financial freedom. Financial assistance may be closer than you realize.