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Bookmark or Share- Bankruptcy | United States CourtsBankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan. Bankruptcy laws also protect financially troubled businesses. This section explains the bankruptcy process and laws.
- What You Need to Know About BankruptcyBankruptcy is generally considered a last resort for people who are deep in debt and see no way to pay their bills. Before filing for bankruptcy, there are alternatives that are worth exploring....
- Illinois Attorney General - BankruptcyHow Bankruptcy Works Both individual and company debtors may file a petition for bankruptcy with a United States bankruptcy court. The petition must include a list of all debts and assets, as well as other pertinent information. Because bankruptcy law is quite complicated, most people who file for bankruptcy hire a lawyer.
- Bankruptcy DefinitionBankruptcy is a legal proceeding carried out to allow individuals or businesses freedom from their debts, while simultaneously providing creditors an opportunity for repayment. Bankruptcy is...
- Northern District of Illinois | United States Bankruptcy CourtUS Bankruptcy Court Eastern Division 219 S. Dearborn Chicago, IL 60604 Tel (312) 408-5000. Rockford. US Bankruptcy Court Western Division 327 South Church Street Rockford, IL 61101 Tel (815) 987-4350. Joliet. Joliet City Hall 150 West Jefferson Street 2nd Floor Joliet, Illinois 60432 (There is no phone service)
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