Bankruptcy
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  • “Attorney Pratt made me feel very comfortable”
  • “Man, I feel good!! They beat down my creditors”

  • “They gave me a payment plan I could really afford”
  • “They gave me a solution that no other lawyer thought of”

  • “The attorney listened and understood me”


  • “Finally, I can sleep at night”
  • “I hired Eric Pratt and the calls stopped immediately”

  • “Attorney Pratt spoke to me every time I called”
  • “I thought that I had to file bankruptcy but Eric Pratt had a better solution”

  • “Eric Pratt is the nicest lawyer I ever met”
  • “They showed me light at the end of the tunnel”

Save Your Car

Crystal Lake, Woodstock, McHenry Illinois

Chapter 7 Bankruptcy allows you to discharge (or wipe out) all of your debts which are legally allowed to be eliminated. You may choose to keep ownership of certain assets such as your car by “reaffirming” the debt on your car loan. The resources freed up by eliminating some of your debts may give you the ability to get caught up on your car payments. Click here for more information on Chapter 7 Bankruptcy

If you have fallen behind on your car payments, Chapter 13 Bankruptcy can be a very powerful tool to save your car. Chapter 13 is designed for people who have fallen behind on their car or house payments and wish to restructure their debt or for people who are unable to discharge their debts through Chapter 7 Bankruptcy. Chapter 13 Bankruptcy allows individuals to consolidate and reduce their debt while retaining ownership of their possessions. It gives you the ability to repay debt in monthly payments over a 3 to 5 year period. Click here for more information on Chapter 13 Bankruptcy

Another option is to work with your attorney from the Eric Pratt Law Firm to obtain a Loan Modification. Loan modifications can be obtained on car loans as well as mortgages. A loan modification typically reduces the monthly loan payment amount by obtaining a principal reduction and/or changing the terms of the loan. We know how to negotiate with lenders to obtain a modification that will bring your monthly payment amount back in line with your current economic reality. Click here for more information on Loan Modifications

Fill out a Contact Form or call us today at (815) 315-0116 to discuss how we can help you prevent your car from being repossessed.

BANKRUPTCY COUNSELING CLASS (Click here to take the bankruptcy class)

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The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Disclaimer: The Eric Pratt Law Firm, P.C. is a Debt Relief law firm as defined by 11 U.S.C. 528. We help people file for Bankruptcy Relief under the Bankruptcy Code. We do not guarantee any result and prior results do not guarantee a similar outcome. This is an attorney advertisement and this website is for informational purposes only.