Chapter 7 Bankruptcy
Are you just looking to simply liquidate your debts? Chapter 7 bankruptcy may be your best solution as most debts can be simply wiped out in full with only a few exceptions. If you think Chapter 7 makes the most sense for you, but are unsure and want to learn more, contact us today for a free consultation as we can explore your situation.
Chapter 13 Bankruptcy
Are you behind on your house and car and want to be able to go back to making payments with the opportunity to pay back the arrears over 5 years? IRS Issues? Do you simply not qualify for a Chapter 7 due to a prior filing or too much income?
Then perhaps a Chapter 13 bankruptcy makes the most sense for you. Through the use of a Chapter 13 Bankruptcy you will be able put together a payment plan to in order to work with your creditors and pay off your debts without having to liquidate your property. For more information, call or email us today!
Sometimes its hard to see through the forest when we’re surrounded by trees…..
Bankruptcy might not be your best option. Particularly, if the majority of your overall debt is consolidated among very few creditors as chances are you can reach some sort of compromise or agreement or your amount of debt is not very high. If all else fails though filing Bankruptcy can give you a chance to rebuild your finances and get things back in order.
After a careful review of your particular situation and consideration of factors including but not limited to number of creditors, type of debt, amount of debt, existence of judgments obtained, current active wage garnishments, along with other information, you will not receive a general price for filing as with most bankruptcies. Instead you find a customized price to address your individual situation.
You may not even need to file bankruptcy, but if it’s a consideration, I would enjoy meeting you for a free consultation to discuss your options.