More Than 105 Combined Years Of Experience At Your Side In Illinois

Lawyers Providing Bankruptcy Representation for Clients Across Illinois

​Have you been receiving phone calls from creditors? Has your debt become completely unmanageable? In spite of the social stigma that filing for bankruptcy sometimes carries, it can provide a way out, or even set up a repayment plan for you so that you can get out from under severe, crippling debt. There are instances where filing for bankruptcy is the wisest choice to protect assets (like your home) that you cannot afford to lose. Working with an attorney who has helped others file for bankruptcy can be a good step in the right direction.

Beck & Houlihan, P.C., is committed to helping people who are concerned about monthly bills and potential foreclosure on their homes. Although bankruptcy can be a difficult process that can affect your credit, it can ease severe financial distress when debt has become unmanageable. We help clients understand the process and the options available to them, as well as alternatives, such as out-of-court settlements. Our attorneys have handled many bankruptcy cases on behalf of clients over the last 30 years and helped them avoid losing their property and possessions due to overwhelming debt.

The Bankruptcy Process

​Bankruptcy cases typically begin with debtors filing a petition in bankruptcy court. Both bankruptcy chapters provide debt relief; Chapter 7 liquidates many assets to cover some bankruptcy debts, while Chapter 13 bankruptcy allows those in debt to develop a payment plan under the guidance of a bankruptcy trustee. You should have every opportunity to build up your credit if you file a Chapter 13 bankruptcy, particularly once the three to five years of debt repayment are done.

Our attorneys can help you with either of these processes, thereby helping you avoid threats of creditor harassment, property repossession or foreclosure, and wage garnishments. We can also provide you with guidance on how to start repairing your credit while you are going through bankruptcy. Having our experienced attorney by your side during the bankruptcy process will minimize impacts on your credit and ensure that you are able to keep any property that is exempt from creditor claims. Our attorneys will also assist you in ensuring that declaring bankruptcy at this time in your life is the best strategic choice since, in most circumstances, you cannot again file for bankruptcy for eight years.

Contact Our Experienced Bankruptcy Attorneys in Illinois

​Bankruptcy can be an emotional process, and having an experienced attorney on your side can make the process easier. Contact Beck & Houlihan, P.C., at 630-398-3185 to discuss your options. We provide skilled guidance in Kendall, Will, Kane, Cook and DuPage Counties.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.