Chicago Bankruptcy Attorney, Atlanta Bankruptcy Attorney - DebtStoppers

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DebtStoppers - Chicago and Atlanta Bankruptcy Attorneys offering permanent debt relief solutions - Legal experts who can save your home, eliminate your debt and give you a fresh financial start with Chapter 7 or Chapter 13 Bankruptcy Plans. Sign up for your Personal Debt Analysis today and find out for free if a DebtStoppers bankruptcy plan is a better plan for you.

Stop Foreclosure - Eliminate Debt - Bankruptcy Debt Relief

DebtStoppers Wins 7th Circuit Appeal
Repossessed Cars Now Returned Immediately

Thanks to a successful appeal filed by the Chicago Law Office of Robert J. Semrad and Associates, individuals now can recover their repossessed vehicle immediately upon the filing a bankruptcy. In a recent decision, the United States Court of Appeals for the Seventh Circuit has reinterpreted the application of federal bankruptcy law in Illinois, Indiana, and Wisconsin to the benefit of bankruptcy filers seeking to reorganize their debts. Traditionally in Illinois, bankruptcy filers were forced to litigate in order to recover vehicles or other property repossessed by creditors prior to their bankruptcy filing. In addition to the problems created simply by losing possession of what is often their primary means of transportation to work, this practice left open the possibility of creditors withholding necessary property in order to negotiate unofficial, preferred treatment within the bankruptcy.

With this opinion, upon a bankruptcy filing creditors must immediately return most repossessed property. This change helps bankruptcy filers return to their daily lives more smoothly, aiding them in working to pay their creditors within the limits of the United States Bankruptcy Code.

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Warren Ballentine Sponsored by DebtStoppers

Warren Ballentine
DebtStoppers is proud to partner with Warren Ballentine each weekday for "The Legal Show" heard 2P-3P Central on WGRB Inspiration 1390 and from 3P-4P Eastern on WGUN 1010 in Atlanta.

Facing foreclosure? Stop Foreclosure - Save Your Home

You're not alone! The subprime mortgage
crisis on top of the crushing weight of our
credit card debt and other consumer debt
has left millions of us struggling just to get
by.

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foreclosure