Debt Resolution Solutions

In the midst of these trying economic times, a lot of individuals have had to make some difficult decisions. One of the most difficult decisions an individual can make, is whether or not to file Bankruptcy. Filing Bankruptcy today, does not have the same stigma as decades past. True, the process has changed, but the principles of a fresh start and new beginning still apply.

Sometimes, your economic situation forces you to consider filing for Bankruptcy. Whether this is from the loss of a job, mounting credit card debt, pending foreclosure or repossession, a lawsuit, or circumstances that are beyond your control.

Chapter 7 and Chapter 13 Bankruptcy
Of the many types of bankruptcy avenues available, two are most commonly used:

  • Chapter 7 Bankruptcy – This is the most common consumer filing. It allows the bankrupt person to retain essential property. Non-exempt property is sold and proceeds distributed to creditors, but in most Chapter 7 Bankruptcy cases there are no assets.
  • Chapter 13 Bankruptcy – Chapter 13 bankruptcy allows the individual to keep all or some of their assets and work out a schedule for repayments with future income.

If you are faced with this decision, please contact our office for a free consultation. I will review you can and advise you whether or not I believe it is in your best interest to file Bankruptcy.

If Bankruptcy is either not available to you or not in your best interest, our office can assist you in forming a plan of attack against pending collections law suits or try to assist you in vacating a judgment that was not entered properly and according to the strict court rules.

No issue is too small or big, let our attorneys help elevate some of your stress and start fighting for you.