Many people are facing mountains of debt due to life circumstances. Whether you have been affected by job loss, illness, death, divorce, or just life, you do not have to live in the shame and fear of debt. You can get a fresh start by filing for Bankruptcy. We are experienced professionals that can aid you in filing a Chapter 7 or Chapter 13 Bankruptcy.
Chapter 7 Bankruptcy removes qualifying debts, including credit card debt, medical bills, and loans. When you file, most creditors are no longer able to continue harassing phone calls. Under Chapter 7 Bankruptcy, you will be able to keep most, if not all, off your personal belongings and you will not be subject to a payment plan. Chapter 7 Bankruptcy is a great tool for low to medium income debtors with little or no assets.
Chapter 13 Bankruptcy Chapter 13 is a reorganization bankruptcy specifically designed for debtors with medium to high incomes who have enough income left over to pay back at least some of their debts. Under a Chapter 13 Bankruptcy, your property will not be sold however, you must pay creditors an amount equal to the property that is not exempt from sale. In exchange, you pay back all or a portion of your debts through a repayment plan. The amount paid will depend on your income, expenses, and types of debt.