Bankruptcy

A business or an individual can declare bankruptcy once they have ascertained that it has become impossible to pay off one's creditors. It can give you a chance to start over from a financial point of view, as most of debts are relieved after bankruptcy as been filed.

Chapter 7, or liquidation bankruptcy, means that your "estate" – i.e., your assets – is sold in order to pay off your creditors. A reorganization bankruptcy can also involve the selling of assets, but more often than not you can retain a majority of your assets while your creditors' needs are assessed.

Reorganization bankruptcies can be filed under the following guidelines:

• Chapter 7 – liquidation bankruptcy (debt discharge plans)
• Chapter 13 – individuals with steady income (debt repayment plans)

Contact us today at 888-266-7506 to learn more about your options under the current bankruptcy laws. We're here to help.

Our Services

• Bankruptcy
• Chapter 13 Bankruptcy
• Chapter 7 Lawyer
• Foreclosure Law
• Loan Modification
• Business Debt Restructuring
• Credit Card Debt Management