Chicago, Illinois Bankruptcy Lawyers

This is the case of Leroy from Chicago, Illinois. Leroy is a childcare provider and is currently single and has no children. He has never filed bankruptcy before. Leroy only has a very low income. He only makes about $300 per month and has about $100 coming in. He really has no assets. He has about $10,000 worth of student loans and some significant credit card debt.

My recommendation for Leroy is going to be a Chapter 7 Fresh Start bankruptcy. Although it's not going to eliminate his student loans, it will give him a lot of breathing room in which to concentrate on the student loans. Also, given that he is being sued, the automatic stay will stop any litigation that is currently in process for Leroy. Therefore, it would give him a lot of peace of mind and eliminate all of his credit card debt. Therefore, my recommendation would be a Chapter 7 Fresh Start bankruptcy.