Determining whether Chapter 13 is the right type of bankruptcy is something that can only be decided based upon all the specific facts of a debtor's unique financial situation. However, there are some key factors that will come into play, making Chapter 13 bankruptcy a better option for certain types of debtors.

• Are you trying to save your home from foreclosure?
• Do you have property and assets that you would like to keep that would otherwise be subject to liquidation under a Chapter 7 bankruptcy?
• Are you interested in paying off secured debt or debt that would not normally be discharged through bankruptcy, such as back taxes or past due mortgage payments?
• Do you make more than the median income for your area?
• Do you have a high and/or steady income?

If you answered yes to these questions, you most likely will benefit from the particular advantages that Chapter 13 bankruptcy has to offer. However, a lawyer at our firm can talk to you about your specific case in order to help you make the right choices.

Contact a Chicago Bankruptcy Attorney at my law firm today and find out how we can help you secure a better and brighter financial future. Please call me at 312-489-8182 to schedule your free consultation. I have offices in Naperville, Palos Heights. I routinely file cases in Cook County, Will County, Dupage County, Kane County, and Lake County.

Marc