Bankruptcy:Nearing the End

Bankruptcy:Nearing the End

Richard Fonfrias, J.D.
Chicago’s Financial Rescue & Bankruptcy Lawyer
Fonfrias Law Group, LLC


Refinance Mortgage or Buy a Car
The Court and your bankruptcy Trustee now handle all of your financial matters. This means before you do anything that affects your finances, you must first get the Court’s approval. For example, if you want to refinance your home or buy a car, contact me so I can ask the Court’s permission.

Credit Report
A Chapter 13 bankruptcy stays on your credit report for seven years. However, you can start rebuilding your credit score shortly after filing for bankruptcy. Some creditors don’t mind dealing with people who have filed bankruptcy because those people have almost no other debt.

End of Your Case
To get out of Chapter 13 bankruptcy, you must make all the payments outlined in your repayment plan. You must complete a second credit/bankruptcy counseling class, and you must be current with your child support obligations, if any. In either case, as your bankruptcy attorney, I have to report that to the Court.

Payoff Estimate
If you’d like an estimate of your case’s payoff amount, contact the Trustee’s office.

If you’d like to speak with me, I’ll gladly discuss your circumstances over the telephone or in person, whichever you prefer. Everyone’s financial situation is different, with unique circumstances that vary according to how much you owe, who you owe, your assets, debts and where you live. Finding the right solution to solve your personal financial problems, like avoiding foreclosure, eliminating credit card debt, debt settlement, credit settlement, and credit repair, requires a customized plan of action; an individualized approach in to eliminate debt and deal with angry creditors. There is no one-size-fits-all solution that will make all of your money problems go away. If you require a Chicago financial rescue lawyer, you can reach me at 312-969-0730. Or send an e-mail to .