Is Bankruptcy Right For You? 

Is Bankruptcy Right For You?

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Hiring A Bankruptcy Attorney 

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Bankruptcy May Help You

Is a Path To 

Recovery

BANKRUPTCY

Bankruptcy Is a Path To Recovery

Chapter 7 & Chapter 13 Bankruptcy

Discharge Judgments & Liens

Discharge Medical Debt & Liens

Discharge Credit Card Debt

Stop Levies/Garnishments

Stop Repossessions

Stop Foreclosure

Bankruptcy May Help You

Stop Levies/Garnishments

Stop Repossessions

Stop Foreclosure

Discharge Judgments & Liens

Discharge Medical Debt & Liens

Discharge Credit Card Debt

Our Law Firm's Process

Personal Bankruptcy

Personal bankruptcy can help you eliminate overwhelming debt, by either discharging your debts entirely or creating an affordable repayment plan. Personal bankruptcy laws are in place at a federal level to protect individuals from creditors anywhere in the US. There are two types of personal bankruptcy for an individual to choose from, Chapter 7 and Chapter 13 bankruptcy.  

A Chapter 7 bankruptcy allows certain types of debts to be discharged.  This means  when an individual files a Chapter 7 bankruptcy, they are not required to pay back the debt owed. Chapter 7 is also known as a liquidation, meaning that your assets may be liquidated to pay back some of your debts, however, based on your income, assets types and personal circumstances, you may still be able to keep your biggest and most important assets like your car or home.  There are specific rules in place, particularly pertaining to income limits that you must meet in order to qualify for Chapter 7, so not everyone will qualify. 

Chapter 13 bankruptcy is often referred to as a repayment plan.  It is important to understand that based on your personal circumstances, you may be able to reduce the amount you owe and therefore have to payback. This plan allows a debtor to keep their property and repay their debt over a 3 to 5 year period. The negotiations regarding your actual monthly payments and the total amount that you payback is overseen by the federal bankruptcy trustee appointed to your case and determined based on the federal guidelines. 

Attorneys help people file for bankruptcy relief under the bankruptcy code.

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It is never a wise choice to represent yourself in court. The law is confusing for the average person and that includes bankruptcy filing services or bankruptcy document preparation services. While these types of companies may promise to help you file for bankruptcy cheaper than an attorney, you may be missing the bigger picture. Only a qualified bankruptcy attorney can represent you in court. It is also important to remember that the creditors have lawyers and they will use them to try to beat you in court and have their debts survive the bankruptcy filing. There are a number of additional pitfalls that you may accidentally fall victim to that could eliminate your eligibility or even worse, find you in violation of the law and charge you with bankruptcy fraud. A bankruptcy lawyer will prevent these outcomes for you and can even negotiate directly with the creditor on your behalf. Remember, a bankruptcy lawyer must always represent the best interests of their clients. 

When hiring an attorney, make sure that you feel comfortable with them and the office staff that you interact with. Additionally, make sure that you are calling or reaching out to a bankruptcy law firm that is nearby you. It is important that they are local and practice in your local jurisdiction. Finally, you'll want to choose a bankruptcy lawyer who will work with you on the overall cost and give you a fair deal based on your situation. Don't just go for the lowest bidder, when it comes to service and expertise, oftentimes you get what you pay for, and going for the cheap bankruptcy lawyer, may not mean they are the best bankruptcy lawyer for you. 

Learn More About
How Bankruptcy Works

Chapter 7 Bankruptcy

Chapter 13 Bankruptcy

Filing Bankruptcy

When you file for bankruptcy, you are immediately afforded an automatic stay. This means that all collection actions and attempts to collect a debt must immediately cease. Filing bankruptcy is one way to immediately alleviate the pressure of creditor harassment, wage garnishments, and the repossession of vehicles. Filing for chapter 7 and chapter 13 bankruptcy can also stop a foreclosure action and save your home. The stigma associated with filing bankruptcy sometimes causes people to forego the protections afforded to them by law, but it really should not. Filing bankruptcy has helped millions and millions of Americans get a clean slate and rebuild their lives, debt free. 

Cost of Bankruptcy

There are typically two costs associated with filing bankruptcy. The first set of costs are the court filing fees and the cost of a required credit counseling course. These fees typically total around $330. The second cost is the attorneys fee, should an attorney be hired to represent the person(s) filing. These charges vary by law firm and by the type of bankruptcy that you qualify for and end up filing. Chapter 7 bankruptcy is typically much less costly than a chapter 13, however, not everyone will qualify for a chapter 7. Additional factors are dependent on individual circumstances such as the total amount of debt, types of debt, and the types of assets you end up keeping. The good news is, most bankruptcy lawyers are aware that their clients are going through financial hardship and are willing to work with them when it comes to payment. Most bankruptcy attorneys accept payment plans and will create an affordable payment plan based on your income and ability to pay. 

What Type of Bankruptcy Is Right For You?

The type of bankruptcy you will eventually file depends on your eligibility.  There is a fairly complicated set of rules and regulations that dictate your eligibility. The process used to determine bankruptcy eligibility is called a means test. It is commonly understood that it is critical that a highly experienced and qualified bankruptcy lawyer help individuals navigate the maze of qualifications and guide them down the appropriate path. Different geographic areas have different income requirements based on the median income of the area. 

Learn More About How Bankruptcy Works

Personal Bankrupcty

Personal bankruptcy can help you eliminate overwhelming debt, by either discharging your debts entirely or creating an affordable repayment plan.  Personal bankruptcy laws are in place at a federal level to protect individuals from creditors anywhere in the US. There are two types of personal bankruptcy for an individual to choose from, Chapter 7 and Chapter 13 bankruptcy.  

Filing Bankruptcy 

When you file for bankruptcy, you are immediately afforded an automatic stay.  This means that all collection actions and attempts to collect a debt must immediately cease. Filing bankruptcy is one way to immediately alleviate the pressure of creditor harassment, wage garnishments, and the repossession of vehicles. Filing for chapter 7 and chapter 13 bankruptcy can also stop a foreclosure action and save your home. The stigma associated with filing bankruptcy sometimes causes people to forego the protections afforded to them by law, but it really should not. Filing bankruptcy has helped millions and millions of Americans get a clean slate and rebuild their lives, debt free. 

Chapter 7 Bankruptcy 

A Chapter 7 bankruptcy allows certain types of debts to be discharged.  This means when an individual files a Chapter 7 bankruptcy, they are not required to pay back the debt owed. Chapter 7 is also known as a liquidation, meaning that your assets may be liquidated to pay back some of your debts, however, based on your income, assets types, and personal circumstances, you may still be able to keep your biggest and most important assets like your car or home.  There are specific rules in place, particularly pertaining to income limits that you must meet in order to qualify for Chapter 7, so not everyone will qualify. 

Chapter 13 Bankruptcy

Chapter 13 bankruptcy is often referred to as a repayment plan.  It is important to understand that based on your personal circumstances, you may be able to reduce the amount you owe and therefore have to payback. This plan allows a debtor to keep their property and repay their debt over a 3 to 5 year period. The negotiations regarding your actual monthly payments and the total amount that you payback is overseen by the federal bankruptcy trustee appointed to your case and determined based on the federal guidelines. 

Cost of Bankruptcy 

There are typically two costs associated with filing bankruptcy. The first set of costs are the court filing fees and the cost of a required credit counseling course. These fees typically total around $330. The second cost is the attorneys fee, should an attorney be hired to represent the person(s) filing. These charges vary by law firm and by the type of bankruptcy that you qualify for and end up filing. Chapter 7 bankruptcy is typically much less costly than a chapter 13, however, not everyone will qualify for a chapter 7. Additional factors are dependent on individual circumstances such as the total amount of debt, types of debt, and the types of assets you end up keeping. The good news is, most bankruptcy lawyers are aware that their clients are going through financial hardship and are willing to work with them when it comes to payment. Most bankruptcy attorneys accept payment plans and will create an affordable payment plan based on your income and ability to pay. 

The type of bankruptcy you will eventually file depends on your eligibility. There is a fairly complicated set of rules and regulations that dictate your eligibility. The process used to determine bankruptcy eligibility is called a means test. It is commonly understood that it is critical that a highly experienced and qualified bankruptcy lawyer help individuals navigate the maze of qualifications and guide them down the appropriate path. Different geographic areas have different income requirements based on the median income of the area. 

What Type of Bankruptcy Is Right For You?