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(EMAILWIRE.COM, April 19, 2012 ) Chicago, IL -- Bankruptcy law firm Schneider & Stone is now offering relief to individuals struggling to pay student loans. Far from being an “untouchable” category of debt, founding partner Ben Schneider wants people to know that there is help available to stop student loan creditor harassment and telephone calls. He seeks to inform the public that filing a Chapter 11 or a Chapter 13 bankruptcy can reorganize outstanding student loans while allowing repayment over time. Throughout the bankruptcy, the loans will be in forbearance and no interest will accumulate. Filing bankruptcy will offer immediate relief by stopping civil lawsuits and wage garnishments from attaching to a person’s paychecks or bank accounts.
Naperville bankruptcy attorney Schneider, who divides his time between the firm’s two Chicago area offices, is excited to offer this service to individuals and understands the hardships working families face in the current economic climate. “It is a common myth that people are unable to obtain relief for student debt or that such loans cannot be dealt with in bankruptcy. On the contrary, filing a Chapter 13 or a Chapter 11 case can effectively manage these loans and save the person money as well as allowing time to rebuild credit for the future. If the person received a summons for a civil lawsuit or a wage garnishment due to defaulted student loans, the immediate protection and relief offered by the bankruptcy court is invaluable.” Attorney Schneider also practices family law and provides personalized advice to individuals facing bankruptcy with divorce and family law implications.
The Law Offices of Schneider & Stone serve the entire Chicagoland area, including the northern and western suburbs from the dual offices in Skokie and Naperville. Besides bankruptcy, debt relief and foreclosure defense, the law firm is actively engaged in commercial litigation and corporate asset restructuring for business debt. Corporate attorney Motty Stone, the firm’s other founding partner, offers business services including incorporation, employment law issues, intellectual property and business litigation.
For further information on how to obtain relief from overwhelming student loan debt or from a civil lawsuit or wage garnishment, contact Ben Schneider directly at 847-933-0300 or email him at ben@windycitylawgroup.com.
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