Bankruptcy Attorneys: Belleville, IL | Glen Carbon, IL | Highland, IL
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The last 18 months have been a real struggle for many in our community.  Health and financial stability have been more challenging than ever during this time, and it may get even more financially difficult soon.  The postponement of home foreclosures, repossessions, evictions and wage garnishments is coming to an end as creditors will quickly begin those processes.  If you have missed a significant number of payments during the postponement, it is likely you will not be able to catch up in time to keep from losing your home.  The Bankruptcy Center can stop foreclosure and help you keep your home.  TBC has helped tens of thousands of people in our community become more financially secure.

Chapter 13 bankruptcy is an excellent method to keep your home and become more financially stable.  If you already have a mortgage loan modification, you can still use chapter 13 to manage and/or discharge your unsecured debt (personal loans, credit cards, medical debt).  There are several factors that determine your eligibility for Chapter 13, which can be confusing for many.  TBC offers a free consultation with a bankruptcy attorney with no obligation so you can learn how the law applies to your specific situation.  Why not take a few minutes to talk with an attorney with no cost to you and learn about your options?

Easily schedule a free consultation using the form below.

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The Bankruptcy Center has been filing bankruptcies for over 28 years, and we know that, during this critical time, financial troubles can be taking a toll on your health, relationships and well­being.  Right now is an ideal time to file for the following reasons:

#1 You can file 100% remotely!  People who file during the pandemic do not need to appear in person for any appointments.  And in certain cases, not even the hearing!

#2 Debt collectors WANT your Stimulus money.  We have information showing that collection efforts are being amped up during this pandemic. Outside of bankruptcy, there are no laws protecting you from wage garnishments and bank levies.  Filing bankruptcy is essential to keeping your money protected!  Your creditors do not care if you lost your job due to the virus OR if you are working long hours as an essential employee- they will take your money.  The Bankruptcy Center cares about your hard-earned money and we will work hard to keep it protected.

To protect the safety of both our clients and our staff, we have put procedures in place that allow us to conduct all interviews and to file your case 100% remotely.  In other words, you can file for bankruptcy without having to leave the comfort and safety of your own home.

Some experts predict that this pandemic may cause another recession. Although we hope this is not the case, there may soon be a surge of people that need to file bankruptcy.  If this is something you have been considering, call now and let one of our friendly staff members guide you through the process.  Or you can complete the web form to request an appointment.  We are here to help you.  Please give us a call and you can move forward in a personalized bankruptcy.  You can also make a payment by phone.

Call us at 618-236-700- ext. 111.

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Debt Management Companies or Bankruptcy:Which is Better?

If you are able to give a debt management company a large lump sum, most of them will do what they say they will.  They will negotiate a lump sum payoff on credit cards at a discounted rate.

HOWEVER, most people don’t have a large lump sum of money, so they will need to make payments for many years to accumulate enough to enable the debt management company to negotiate for that discounted rate.  Meanwhile, you have no automatic stay (protection from creditors while in a bankruptcy), credit is usually wiped out by the time a person has saved up enough, and the abusive calls and letters and lawsuits continue. Interest too.

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Beware Online Eviction Help

The mortgage company is about to foreclose on your home, or your landlord is about to evict you from your rental unit, money is very tight, and you are looking for solutions. There are lots of companies who advertise foreclosure or eviction prevention on line. But be careful – there are many scam artists taking advantage of people who respond to these offers. Here are two examples we’ve seen recently at TBC:

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Cheap Bankruptcy

Looking for Cheap Bankruptcy

When you find yourself in a financial crisis, it may seem too expensive to hire a good attorney to handle a bankruptcy for you. Some people either try to file on their own, or they go with the cheapest help they can find. After all, a Chapter 7 or Chapter 13 is just a form to fill out and file with the Court, right?

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How Bankruptcy Affects My Credit Score

It’s one of the most common questions we hear from people who are considering bankruptcy. And since everyone’s credit history is a bit different, we can’t give you a specific credit score to expect, but we can tell you this: Although a bankruptcy obviously has a negative impact on your credit score initially, it is possible to rebuild your credit score.  This will keep you from being penalized with exorbitant interest rates, or denied the job or the housing you need, because of your credit score. The higher credit score can save you several hundred dollars per month, thus helping you avoid further financial problems in the future.

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Do I Really Need a Bankruptcy Attorney?

While it is possible to fill out a bankruptcy petition yourself, and file it with the Court without the help of an attorney, and it is also possible to hire a petition preparer to fill out the petition form for you, the bankruptcy process is complex enough, and scrutinized enough, that any misstep in the process can worsen your overall situation, rather than improving it.

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Life After Bankruptcy

Credit After Bankruptcy
Many people facing bankruptcy are hesitant to go through with it because they’re afraid of what life might be like after they’ve filed. They’re worried they won’t be able to get a credit card or a car loan after bankruptcy. While circumstances vary from individual to individual, bankruptcy doesn’t mean you won’t be able to get credit.

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