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    • Michael R. Richmond
    • Jay A. Heller
    • Thomas A. Auwers
    • Steven Jacobson - of counsel
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    • Dailia Uriostegui - Legal Secretary
    • Araceli Fuentes - Receptionist
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Illinois Bankruptcy Facts Lawyers 

Since changes in bankruptcy law in recent years, a number of myths have circulated about bankruptcy protections that discourage many hardworking, deserving people from filing.

We can thoroughly debunk those myths, erase the stigma of a bankruptcy filing and arm you with the facts you need for sound decisions — all at prices you can afford — at Heller & Richmond, Ltd., in Chicago.

In Chicago and all of the surrounding suburbs like Schaumburg, Joliet, Wheeling and Skokie, the attorneys you can trust to level with you about consumer bankruptcy protections are Heller & Richmond, Ltd. From Waukegan to Wheaton, from North Chicago to Chicago Heights, from Orland Park to Franklin Park to Melrose Park and Highland Park, Heller & Richmond, Ltd. is here to guide you through this difficult time.  Contact us to schedule your free initial consultation. 

Heller & Richmond, Ltd. — The Help You Need, From Our Family to Yours

Following enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, many people in financial disarray became concerned that they would not be able to file for Chapter 7 or Chapter 13 consumer bankruptcy. Our Chicago attorneys can help you arrive at what debt relief strategy is appropriate for your unique situation.

Among the myths circulating about bankruptcy law are:

  • A foreclosure cannot be stopped by filing for bankruptcy.
  • If a bankruptcy was not filed prior to changes enacted on Oct. 17, 2005, filing is impossible.
  • Medical debt and credit card debt cannot be discharged under the new law.
  • Filing for bankruptcy means that you have to give up your car or truck.
  • A bankruptcy filing causes embarrassment and shame.
  • Bankruptcy means that your credit score will be ruined.
  • You can only file for bankruptcy once.
  • Both you and your spouse must file for bankruptcy.
  • All of your previous bank records will be examined. 
  • Your tax returns will be audited by the Internal Revenue Service.

Myths are exactly that — rumors and falsehood
s that should not prevent you from improving your life and brightening your family's future through bankruptcy protection. A number of well-known financial success stories are rooted in successful bankruptcy experiences. Yours could be next.
Contact Heller & Richmond, Ltd., today — skilled legal assistance from our family to yours, and at prices you can afford.


Contact Us

Our Chicago bankruptcy myths lawyers offer free initial consultations, an evening appointment if you need it and attentive personal service throughout your case. Call: 312-781-6700.

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