Creditor’s Defense During Bankruptcy
A creditor has several options when faced with a Debtor’s bankruptcy. A creditor can choose to gather more information through the bankruptcy rules and procedures. The creditor can also seek to lift the stay so it can proceed against the Debtor’s assets that the creditor has secured. Finally, the creditor can petition the Court to dismiss the bankruptcy and/or ask that its debt be excluded from the Debtor’s discharge.
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Johnson, Westra, Broecker, Whittaker & Newitt, P.C. is located in Carol
Stream, St. Charles and Chicago, IL and serves clients in
and around Wood Dale, Glen Ellyn, Lisle, Addison, Lombard, Warrenville, Downers Grove,
Aurora, Villa Park, Oak Brook, Naperville, Westmont, Hinsdale, Woodridge, Clarendon
Hills, Elmhurst, Darien, Eola, Lemont, Stone Park, Franklin Park, Mooseheart, North
Aurora, Melrose Park, Streamwood, Robbins, Romeoville, Schiller Park, Bartlett, River
Grove, Plainfield, Elmwood Park, Bolingbrook, Elk Grove Village, Batavia, Rolling
Meadows, Boone County, Cook County, De Kalb County, Du Page County, Grundy County,
Kane County, Kankakee County, Kendall County, Lake County, Lee County, Mchenry County,
Ogle County and Will County.