Illinois Bankruptcy Filing Options

Summary

There is no Chapter 17 in U.S. Bankruptcy Code. The main types for individuals are Chapter 7, which involves liquidation to clear most debts, and Chapter 13, which is a repayment plan to keep assets and pay debts over time. U.S. Bankruptcy laws are federal and apply in every state, including Illinois. If you are considering filing for bankruptcy, you can choose between Chapter 7 and Chapter 13 based on your financial situation and goals.

Full Conversation

can I file federal us bankruptcy even if I live in ILLINOIS
Yes, you can file for federal bankruptcy while living in Illinois. U.S. Bankruptcy laws are federal, so they apply in every state, including Illinois. Here are the main types:
- Chapter *: Liquidation to clear most debts.
- Chapter *: Repayment plan to keep assets and pay debts over time.
Which type are you considering?
can I do chapter *
It seems there may be some confusion. There is no "Chapter *" in U.S. Bankruptcy Code. The main types for individuals are Chapter * (liquidation) and Chapter * (repayment plan).
Could you clarify if you meant Chapter * or Chapter *, or provide more details about your situation?
Yes there is chapter * in us bankruptcy
It seems there is a misunderstanding here. The U.S. Bankruptcy Code does not include a Chapter *. The main chapters relevant for personal bankruptcy are Chapter * and Chapter *.
Would you like more information on Chapter * or Chapter * bankruptcies?
So what is chapter * then?
It appears there might be some confusion. In U.S. Bankruptcy Code, there is no Chapter *. The main chapters for personal bankruptcy are:
- Chapter *: Liquidation to clear most debts.
- Chapter *: Repayment plan to keep assets and pay debts over time.
Is there a specific aspect of bankruptcy you need more information on?