Local Bankruptcy Attorney
If you have decided to file for bankruptcy, you are likely facing a hard decision which could benefit from the legal assistance of an attorney. Perhaps you are facing harassment in the form of collection calls, or you are in danger of losing your home, or you now want to start over again. Your local bankruptcy attorney should be the first one you should contact, even if you have the slightest inkling of financial trouble.
Call Now for Immediate Help (855) 254-7841.
Contrary to perception, filing for bankruptcy does not leave you without a home or possessions. However, there are different kinds of debts that can be discharged under different categories of bankruptcy.
- Individuals can file Chapter 7 or Chapter 13
- Businesses can file under Chapter 7 for liquidation or Chapter 11 for reorganizing
- Family farmers and fishermen can file under Chapter 12 for debt relief
- Parties from more than one country can also file for bankruptcy under Chapter 15
Debts can be discharged and you may even be allowed to keep all of your assets or possessions. A professional bankruptcy lawyer can guide you through whether you can file for bankruptcy or not and if yes, what kind of filing can you make under the local laws of the area you live in. A debt which is not dischargeable under one chapter may be dischargeable under another. Some chapters allow a discharge after completion of all designated payments.
Checklist for considering legal help for bankruptcy:
- If you are already repaying a debt but the amount isn’t reducing. It may even grow larger through interest accumulated over time. This can include home mortgages
- If your debts are such that you are tempted to make repayments from out of savings funds, including your retirement fund, it may be time to declare bankruptcy
- If you have dependents, such as children, and you are a single mother, you may need to file for bankruptcy just so that your dependents do not suffer
What we do
At Legal Rights Advocates, we are a team of lawyers who understand bankruptcy. But more importantly, we believe in connecting with our clients to understand them better and help ease their anxieties. Understanding our clients better also helps determine the kind of bankruptcy applicable, thus arriving at a more effective solution. At times, this has allowed our clients to rebuild their credit and lead a normal life again.
If you feel you are in the grips of a financial crisis and the debt threatens to grow bigger, give us a call at (855) 254-7841 to discuss your situation and discover whether filing for bankruptcy could work for you or not.
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