Chicago Bankruptcy Lawyer

Understandably, many people have concerns about filing bankruptcy. One of the greatest fears is that it will destroy their credit forever. The truth is that filing bankruptcy can actually be one of the best steps you can take to get out of debt and start rebuilding your credit.

Trying to pay off one creditor at a time can be a slow and agonizing process. In some cases, it is simply impossible to repay everything you owe. As long as you are in debt, your creditors will continue to report this fact and your credit score will continue to sink. Filing bankruptcy will also lower your credit score initially, but in the long term, it can allow you to start again with a fresh slate.

North & Sedgwick Law is here to provide comprehensive and professional legal guidance to individuals, families and businesses considering bankruptcy in Illinois. With a decade of experience in federal court, the firm's Chicago lawyer and certified public accountant (CPA) is a strong choice to advise you about your debt relief options.

Tips For Rebuilding Your Credit Score

Many individuals begin receiving credit card offers only a few weeks after they file for bankruptcy. Others discover that they are able to qualify for home loans only 18 months after filing.

To rebuild your credit as fast as possible after bankruptcy, you may want to:

  • Prioritize your expenses and stick to a strict budget.
  • Make sure you pay all your current bills promptly and in full.
  • Apply for a secured credit card and use it only for necessary purchases.

Contact A Chicago Bankruptcy And Debt Relief Attorney

Arrange a free initial consultation and learn more about life after bankruptcy by calling North & Sedgwick Law at 312-878-8429. You can also contact the firm via email.

El abogado habla español.

†The firm is a debt relief agency and helps people file for bankruptcy relief under the Bankruptcy Code.