{"id":6067,"date":"2018-02-12T06:00:49","date_gmt":"2018-02-12T06:00:49","guid":{"rendered":"https:\/\/www.stephensfiddesmcgill.com\/?page_id=6067"},"modified":"2025-11-13T12:02:04","modified_gmt":"2025-11-13T12:02:04","slug":"bankruptcy-lawyers-peoria-il","status":"publish","type":"page","link":"https:\/\/www.stephensfiddesmcgill.com\/bankruptcy-lawyers-peoria-il\/","title":{"rendered":"Bankruptcy Lawyers Peoria IL"},"content":{"rendered":"\t\t
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Eliminate Debts with Bankruptcy Lawyers in Peoria IL<\/h2>\t\t\t\t<\/div>\n\t\t
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Get a fresh start by erasing your outstanding debt with\u00a0Stephens Fiddes McGill and Associates, P.C.<\/a>\u00a0bankruptcy lawyers in Peoria IL. Our experienced attorneys can help if you feel you can no longer control your finances. Do not let the negative perception people have concerning bankruptcy affect you. In fact, bankruptcy offers you a useful tool to get your finances and life back on track. With our help, you can erase some of your debt and stop feeling so overwhelmed.<\/p>

Our law firm can assist you in filing for\u00a0Chapter 7<\/a>,\u00a0Chapter 11<\/a>, or\u00a0Chapter 13<\/a>\u00a0bankruptcy. Stephens Fiddes McGill and Associates, P.C. has been recognized as one of Central Illinois\u2019 top 3 law firms five times. Our attorneys treat all clients with respect, dignity, and discretion. Many law firms handle bankruptcy cases. However, few of them contain the experience and focus on each individual case like our law firm.<\/p>

Call 309-637-LAWS or\u00a0contact us online<\/a>\u00a0to schedule a free consultation. We will always answer your questions and return your calls. Plus, our lawyers will make your case as important to us as it is to you.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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What Is Chapter 7 Bankruptcy?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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If you have serious financial problems, you may want to discuss a Chapter 7 bankruptcy with our\u00a0bankruptcy lawyers in Peoria IL<\/a>. With Chapter 7\u00a0bankruptcy<\/a>, you get a second chance to regain control of your finances. Unsecured debt like unpaid medical bills, credit card debt, and personal loans will get discharged in bankruptcy court. However, tax debt, student loans, child support, and alimony payments will not get discharged in virtually all cases.<\/p>

Chapter 7 bankruptcy serves as the quickest and simplest form of bankruptcy. However, recent bankruptcy court statistics show that only 55.6% of self-represented bankruptcy filers had success. Meanwhile, attorney-represented filers achieved success 94.1% of the time. Why is that? Most self-represented filers do not know all the conditions that need to be met. For that reason, you should consult with one of our bankruptcy lawyers if you are considering filing for Chapter 7 bankruptcy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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What Is Chapter 11 Bankruptcy?\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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If you have regular income, you may want to discuss a Chapter 11 bankruptcy with our bankruptcy lawyers in Peoria IL. Typically, these sorts of bankruptcies help businesses reorganize debts. That way, they get the time they need to keep operating, restructure financing, and earn enough revenue to pay debts.<\/p>

Individuals also can file for this kind of bankruptcy. However, most people typically file for Chapter 7 or Chapter 13 bankruptcy because they are faster and more affordable. Yet, some individuals or a married couple filing jointly on taxes can also benefit. Chapter 11 bankruptcy may work in your situation if you have a lot of assets but are struggling with debt.<\/p>

However, some Chapter 11 bankruptcy cases can last for years, making them more costly. If you have questions about this sort of bankruptcy, get the answers you need from our bankruptcy lawyers in Peoria IL.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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What Is Chapter 13 Bankruptcy?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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If you are looking for a soft landing from your overwhelming debt, you may want to discuss a Chapter 13 bankruptcy with our law firm. This form of bankruptcy gets called \u201cThe Wage Earners Bankruptcy.\u201d It works for people who are making money but have fallen behind on payments to credit card companies. This type of bankruptcy will allow you to reorganize your debt. Plus, it will set up a payment plan for you. In most cases, you also should be able to keep your home if you meet the payment arrangements established in bankruptcy court. With Chapter 13 bankruptcy, all disposable income will get used to pay off debt in 3 to 5 years.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Contact Our Bankruptcy Lawyers in Peoria IL<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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Stephens Fiddes McGill and Associates, P.C. attorneys will use years of experience to make the best case possible. They can help achieve for you the results you deserve. In addition to bankruptcy law, we also specialize in\u00a0criminal law<\/a>,\u00a0family law<\/a>,\u00a0personal injury law<\/a>, probate law,\u00a0real estate law<\/a>,\u00a0social security disability law<\/a>,\u00a0traffic law<\/a>, and\u00a0workers compensation law<\/a>. Send us an email at\u00a0info@smlegal.com<\/a>\u00a0or call 309-637-LAWS to schedule a free consultation to discuss your case.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Eliminate Debts with Bankruptcy Lawyers in Peoria IL Get a fresh start by erasing your outstanding debt with\u00a0Stephens Fiddes McGill and Associates, P.C.\u00a0bankruptcy lawyers in Peoria IL. Our experienced attorneys can help if you feel you can no longer control your finances. Do not let the negative perception people have concerning bankruptcy affect you. In… Continue reading Bankruptcy Lawyers Peoria IL<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-6067","page","type-page","status-publish","hentry","entry"],"_links":{"self":[{"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/pages\/6067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/comments?post=6067"}],"version-history":[{"count":5,"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/pages\/6067\/revisions"}],"predecessor-version":[{"id":9632,"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/pages\/6067\/revisions\/9632"}],"wp:attachment":[{"href":"https:\/\/www.stephensfiddesmcgill.com\/wp-json\/wp\/v2\/media?parent=6067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}