Assisting Consumers and Businesses with Bankruptcy in Cook, DuPage, and Kane Counties
If you or your company is experiencing financial difficulties, bankruptcy may be able to offer the relief required to avoid unfortunate outcomes. It is in your best interest to retain a skilled legal professional to assist with your filing, and the attorney at James Young Law has 30 years of legal experience. A former Special Assistant Attorney General, Jim Young offers dependable bankruptcy services in Elgin, IL to both consumers and business organizations. He is hands-on and will work closely with you from beginning to end, no matter the complexity of your case.
When you come to Jim Young for help, he will personally review your financial details, determine your eligibility for various forms of relief, and advise whether bankruptcy is right for you. If you do qualify for bankruptcy, he will help you understand what filing can (and cannot) accomplish in your case. Jim Young frequently helps individual consumers with Chapter 7 and Chapter 13 filings, and he assists businesses with Chapter 11 reorganizations and Chapter 7 liquidations.
How Can I Help?
What Can Bankruptcy Do for Me in Illinois?
If you are at risk of losing your home or car or are in the process of being sued by creditors, filing for Chapter 7 or Chapter 13 bankruptcy can temporarily halt collection actions. Creditors will be unable to act against you without special permission from the court until your case concludes, giving you the time that you need to get your financial affairs in order. Upon completing Chapter 7 or Chapter 13 bankruptcy as an individual, you can also erase qualifying unsecured debt, including medical bills, credit card debt, unpaid utility bills, and personal loans. James Young Law's bankruptcy services in Elgin, IL are designed to help you navigate the process as quickly as possible while maximizing relief available to you under the law.