Legal Question in Bankruptcy in Illinois

No Fee Bankruptcy. Does it exist?

I have been out of work for awhile now and have had to move back in with my parents. I have an old debt that I had been paying on but the debt just kept getting higher. It was suggested I go into credit card counseling. I did and paid into it faithful for years and the debt was higher than when I went in. Now, another company, Unifund has bought the debt. They took me to court. The appearance fee was waived and I was allowed to defend as an indigent person. I cannot pay them at this time. Now they have sent my bank a third party citation to discover assets. There is nothing in that account. Is there a way a person who has no money can file bankruptcy? I keep hearing its expensive? What are my options.


Asked on 12/31/08, 3:15 am

1 Answer from Attorneys
Adam S. Tracy Securities Compliance Group Ltd

Re: No Fee Bankruptcy. Does it exist?

Yes - you may file bankruptcy without a fee where you are able to prove that you cannot afford the fee. You can also elect to pay the fee in four equal installments of $75. I hope this helps. [email protected]

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Answered on 12/31/08, 8:47 am


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