If you’re facing overwhelming debt, your home, car, and personal assets could be at risk. Many people think that filing for Chapter 7 bankruptcy automatically wipes the slate clean, but without the right legal strategy, you could lose more than you expected. 

At Brian G. Hiatt, Attorney at Law, I do more than just file bankruptcy paperwork, I fight to protect what matters most to you. If you’re considering Chapter 7, I’m here to help you make the right moves to keep your property and secure your financial future. 

Will You Lose Your Property in Chapter 7 Bankruptcy? 

Chapter 7 is sometimes called “liquidation bankruptcy” because a court-appointed trustee may sell certain assets to pay off creditors. However, Illinois law provides exemptions that allow you to protect some property from being taken. These exemptions include: 

• Home equity 
• Personal property 
• Vehicle equity 
• Retirement accounts 
• Life insurance policies 

Even with those exemptions, creditors and trustees may challenge your case, especially if they believe you own unprotected assets. That’s where Brian G. Hiatt, Attorney at Law, comes in. 

How Brian G. Hiatt Can Help Protect Your Assets 

By using Chapter 7 defense strategies, we build a defense that’s going to protect your home, car, wages, and personal property. I will help you use these exemptions to your advantage, ensuring you maximize your protection and don’t lose more than necessary. 

Bankruptcy doesn’t mean losing everything, yet you need the right lawyer. Filing for Chapter 7 may give you a fresh start, but only if you have the correct legal guidance. Without an experienced attorney, you risk losing your property, facing legal challenges, or making detrimental mistakes. 

With Brian G. Hiatt, Attorney at Law, I fight to protect your assets, ensure your bankruptcy is filed correctly, and help you regain financial control, without unnecessary loss. Contact Brian G. Hiatt, today for a consultation and start building your defense.