Your secured debts like mortgages and car loans You’ll need to list the names and addresses of everyone you owe and the amount you owe to each of them. Your last two years of filed tax returns,Īny statements that show your current bank account balances. The first task you’ll have to tackle before you can file bankruptcy is collecting financial documents required by the Bankruptcy Code. This guide will show you how to file a Chapter 7 bankruptcy without hiring an attorney.Ĭollect Your Illinois Bankruptcy Documents If you’re not or your case is complicated, then an attorney might be well worth the money.Īttorney fees are usually the biggest expense of filing bankruptcy, but they’re not usually necessary for a simple Chapter 7 (a “liquidation” or “straight” bankruptcy) case. If you’re an organized person who does well with paperwork, you might not need an attorney to help you. How to File Bankruptcy in Illinois for Freeīefore you begin the process of filing for bankruptcy, you need to decide whether you want to hire an attorney. Filing bankruptcy in the Prairie State doesn’t have to be expensive, and you may not even need an attorney. Filing Chapter 7 can help you get a fresh start. This is unfortunate, because dealing with wage garnishments, debt lawsuits, and constant creditor letters and phone calls is stressful, and many people actually experience stress relief going through the bankruptcy process.īankruptcy laws exist to help people out of these kinds of difficult financial situations. It can take a year or more struggling like this for people to decide to file bankruptcy. Even if a person’s income situation improves, it can still be difficult or even impossible to catch up on bills and pay down that accumulated debt. Whether it’s from a medical emergency, job loss, or other unexpected problem, sudden and/or prolonged loss of income can lead to unmanageable debt. Central District of Illinois Requirements.Southern District of Illinois Requirements.Northern District of Illinois Requirements. ![]() Illinois Districts & Filing Requirements.How to File Bankruptcy in Illinois for Free.
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