Franks Gerkin Ponitz Greeley asks you:

Would filing for bankruptcy make your life easier? While bankruptcy can be a major, life-altering decision, many debtors find filing for bankruptcy can be the best decision to make. Our experienced bankruptcy attorneys and staff at Franks Gerkin Ponitz Greeley will help you through this difficult process. The attorneys will evaluate your situation, counsel you, and present you with legal remedies which may alleviate your credit obligations and debt. While this is not a desirable option or an easy one, it is nothing to be embarrassed about or feel guilty about. It may be the solution that will get you out of debt permanently.

bankruptcy court law

In today’s troubling economy, over one million bankruptcies are filed each year.

The bankruptcy process allows debtors (those who owe more money than they can pay) to work out a plan to repay the money over time under Chapter 11, 12, or 13 of the United States Bankruptcy Code, or eliminate debt in Chapter 7. We will help you determine which type of bankruptcy is best for you and what you qualify for. The law helps debtors get out from under their debt and to obtain a fresh start. There are many organizations, agencies, and banks that further help individuals filing for bankruptcy to rebuild their credit and qualify for life’s necessary loans. Bankruptcy is not an end, but a new beginning and our experienced attorneys will help you throughout the process.

Franks Gerkin Ponitz Greeley attorneys represent and understand both sides of the issue. Not only do we represent commercial entities, creditors, and lenders, we are also a debt relief resource to help you file for relief under the Bankruptcy Code. Whether you are an individual or a creditor, you need an experienced attorney to ensure that you are treated fairly and your interests are protected.

While bankruptcy can be included on your credit report for up to ten years, it can also help to remove negative credit reporting and increase your credit score over time. The good news is many bankruptcy plans can be paid off quickly and once you get a discharge letter, you can present this to many lenders and qualify for a loan. There are debt management classes, online videos, and books that may be part of your bankruptcy recovery plan and these will not only help you in the future but reflect positively on future lenders as well.

For a free consultation to discuss your needs and the best legal options, please contact our team of McHenry County lawyers today.

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