Legal Question in Credit and Debt Law in Illinois

severe debt

My wife & I are very much in debt. We recently lost our house to foreclosure and we both owe money to many debtors. I'm constantly bombarded with phone calls & voicemails which go unanswered because I'm afraid what they'll say. We are good people and not deadbeats. We just made bad fincial decisions and now we need some help.


Asked on 5/31/07, 7:58 pm

1 Answer from Attorneys

Terrance Leeders Leeders Law

Re: severe debt

Good morning.

It sounds like you are a good candidate for a chapter 7 bankruptcy to eliminate any remaining debt and get a fresh start. Our clients are getting homes and cars afterwards and are able to re-establish credit right after bankruptcy is over. Contact me for a free case evaluation.

Thanks

Sincerely,

Terry Leeders

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Answered on 6/01/07, 12:01 pm


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