East St. Louis

Bankruptcy Assistance For East St. Louis

Struggling to dig your way out of debt? A bankruptcy may be the solution for you. Attorney Michael J. Benson of A Bankruptcy Law Firm, LLC has helped hundreds of East St. Louis residents recover from overwhelming debt. A Bankruptcy Law Firm, LLC can help you file for a Chapter 7 or Chapter 13 bankruptcy using the Illinois bankruptcy process. Unlike many firms which attempt to represent clients across a broad range of legal issues, our firm focuses exclusively on bankruptcy law to make sure you receive exceptional results in a timely manner. Wondering what filing for bankruptcy can do for you? A bankruptcy can help you:

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

It is to your benefit that the federal bankruptcy laws applied by the state of Illinois are extremely forgiving. In the event of an Illinois bankruptcy, debtors have the ability to discharge a majority of their unsecured debts. In most cases, payday loan debts, medical expenses, credit card debts, utility bills, deficiency debt related to car repossessions and home foreclosures, and more can all be discharged.

Why Speak With A Bankruptcy Law Firm?

There is perhaps nothing more stressful than the experience of suffocating in a mountain of debt. The overwhelming emotional and financial stress associated with large debt can lead many individuals to take drastic actions. Unfortunately, rushed remedies are often bad financial decisions that cause more harm than good. Such decisions include:

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

Engaging in any of the aforementioned acts can prolong your financial recovery for a very long time. It’s extremely important that you heavily consider all of your options before taking any kind of action to attempt to eliminate your debt. It is to your benefit to contact a bankruptcy attorney who can analyze your unique financial situation and help you plot the best strategy to eradicate your debt. Fortunately, when you contact A Bankruptcy Law Firm, LLC you will be provided with direct access to the firm’s lead attorney, Michael J. Benson. Attorney Benson is not only an experienced bankruptcy attorney, but a certified public accountant and a licensed investor. These specializations in aspects of finance that extend beyond the law allow Michael to provide in depth advice on ways you can repair and rebuild your finances. Contact us today to schedule a free initial consultation with Michael.

East St. Louis Debt Management Resources

At times the burden of debt may feel to heavy to carry alone. Luckily, you don’t have to. There are a number of local East St. Louis establishments that can help you in your pursuit of financial freedom. From excellent financial advisors to compassionate banks, financial assistance is closer than you may realize.