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Reclaim control over your finances

Financial challenges are stressful and can make you feel helpless. If you are getting frequent calls from creditors, have missed several payments, or are coping with other financial challenges, bankruptcy may be the ideal option for helping you pursue a financial fresh start.

Designed for individuals with lower income and high debt, Chapter 7 bankruptcy eliminates most types of debt to give the debtor a fresh start. Some debts, referred to as priority debts, cannot be discharged. These include debts such as back child support. Other debts, including doctor bills and credit card bills, are dischargeable and will be completely eliminated by Chapter 7 filing.  

More appropriate for those with higher incomes and larger assets, Chapter 13 bankruptcy is designed to allow for the restructuring of debt. After evaluating your debts and your assets, some debts may be eliminated while others will be combined into a repayment plan.

 

This plan is meant to fulfill your debt over the course of 3 to 5 years. Rather than paying multiple debts each month, a single payment is made to a trustee who then pays the creditors as dictated by the plan.  

Get a financial fresh start!

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Let our over 30 years of experience give you confidence when you are ready to take control of your finances.

The only option for large businesses wanting to remain in business even after filing for bankruptcy, Chapter 11 is also an option for small businesses and individuals wishing to protect at-risk assets.

 

This type of bankruptcy preserves assets, restructures debts, and offers you greater control over the administration of assets throughout the bankruptcy process. This is a more complex option but offers businesses and individuals an alternative to selling off all assets to fulfill debts.  

Get in touch with us for a personalized consultation so you can find out more about bankruptcy and get honest recommendations as to whether filing is the right option for you. You can feel confident knowing that we do not always recommend bankruptcy to all clients. Instead, our friendly, knowledgeable staff carefully evaluates your case and help you determine if there is another alternative available, or if filing is your best choice for regaining financial control.    

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