Champaign bankruptcy lawyers provide solutions to overwhelming debt
Especially in our poor economy, where jobs are unavailable or pay significantly less, mounting debt can begin to feel unmanageable and overwhelming. At Anderson & Fitzjarrald, our attorneys help you take control of your debt so you can take control of your life.

Negotiators of debt relief options
Sheryl Fitzjarrald want what is in your best interest, which is not always bankruptcy. When it is in your best interest to avoid bankruptcy, the experienced negotiators at Anderson & Fitzjarrald can step in on your behalf to persuade creditors to lower your debt and accept more reasonable monthly payments.

Experts in debt analysis
At Anderson & Fitzjarrald, we truly listen to your needs and thoroughly analyze your case to determine if bankruptcy is the best option for easing your financial burden. We review your debts, income and expenses and explain the ultimate impact of bankruptcy on your family, business, home and future credit. If bankruptcy is the right choice, our attorneys answer all your questions about the bankruptcy process and the outcomes you should expect. Our attorneys’ compassionate approach to bankruptcy leaves no surprises.

Reprieve through automatic stay
Creditors’ aggressive collection methods unfairly compound the stress of escalating debt. You can put an end to the constant harassing phone calls and letters meant to intimidate you into paying debts you cannot afford. As soon as you or your business files for bankruptcy, creditors must immediately stop collections efforts, including those distressing letters and phone calls. Your attorneys can deal with your creditors so you can regain your peace of mind.

Your bankruptcy options with Anderson & Fitzjarrald

Chapter 7 bankruptcy
If you and your spouse own few assets and earn smaller wages, Chapter 7 bankruptcy grants you relief from debts through liquidation of your assets. Because many household and personal items are exempt, you can make a fresh start with limited disruption to your life.

Chapter 11 bankruptcy
If you own a corporation, partnership or sole proprietorship, Chapter 11 bankruptcy permits your business to continue operating while you pay creditors under a reorganization plan. The Chapter 11 option helps you escape debt without losing the business you struggled so hard to build.

Chapter 13 bankruptcy
If you risk losing your home, you can stop lenders from foreclosing through Chapter 13 bankruptcy. Or if you and your spouse earn higher incomes, but sudden illness, job loss or other unexpected circumstances have interfered with your ability to pay your debts, Chapter 13 bankruptcy permits you to pay debts over time in smaller amounts.

Contact the bankruptcy attorneys you can trust
Call Anderson & Fitzjarrald at 217-689-2008 or contact us online to schedule your free bankruptcy consultation.