Start Rebuilding Your Finances Today
Are you in debt or facing financial issues? There’s nothing worse than the unavoidable feeling of knowing that you won’t be able to make an upcoming payment. The American Law Firm, P.C. can help! Our experienced bankruptcy attorneys in Rockford can help you ease your debt with our bankruptcy services and unwavering dedication to your case. We can help provide you and your family with the necessary tools to begin rebuilding your finances today!
We provide all of our potential clients with a FREE 30-minute consultation! Simply call us at 815-957-4343 to get started.
Our Bankruptcy Services
- Chapter 7 Bankruptcy
This type of bankruptcy is known as liquidation bankruptcy, and it is the simplest and most common form of bankruptcy. During this process, some of your possessions may be sold in order to pay your debts, however, there are exceptions when it comes to what is sold.
- Chapter 11 Bankruptcy
Chapter 11 bankruptcy is geared towards large corporations that are experiencing financial distress and need relief. Corporations, partnerships and limited liability companies utilize this form of bankruptcy however it is also possible for individuals to file for this type of bankruptcy as well.
- Chapter 12 Bankruptcy
This is a relatively new addition to bankruptcy laws, as it allows for “family farmers” and “family fisherman” to restructure their finances in order to avoid either liquidation or foreclosure. This type of bankruptcy is similar to Chapter 13 bankruptcy, but it provides additional benefits.
- Chapter 13 Bankruptcy
Chapter 13 bankruptcy is sometimes called the Wage Earner’s Bankruptcy, as it allows those who have enough income to pay a portion or all of their debts. If your main issue is dealing with creditors’ demands for an immediate payment and not because you have a lack of income, this bankruptcy may be right for you.
If you are not well-versed in the world of bankruptcy, don’t face your problems alone. We will provide you with the legal advice that you need, handling the paperwork along the way as well. Our team will be there you every step of the way to help you meet your financial goals! You can also expect us to respond to calls and emails promptly. We typically offer a flat fee for our clients and we will work with your budget to ensure money is not an issue.
Please call us today to take advantage of your free consultation!
