Nobody intends to become overwhelmed by debt. More often than not, it is the result of unexpected events. Perhaps you were injured. Not only did you rack up massive medical bills, but you charged up your credit card trying to make ends meet because you had to miss work due to your injuries. Perhaps you went through a divorce and had trouble adjusting to life with a single income. Perhaps you were laid off and it took longer to get back to work than you expected, and in the meantime, you accumulated debt that spiraled out of control. Whatever the case may be, our lawyers can help.
When it comes to personal bankruptcy, Chapter 7 is the most common option. It provides debt discharge for all unsecured debt such as credit card debt. Chapter 13 is often referred to as wage-earner’s bankruptcy. It requires repayment of at least some of your debt. We will help you find the type of bankruptcy that is right for you.
It is important for business owners to understand that Chapter 11 is not the only option. Depending on the situation, it may actually make more sense to file Chapter 7 bankruptcy. We will review your situation and find out whether you intend to keep your doors open or close down operations, and then we will make a recommendation that makes sense based on the facts of your case.
Discuss your bankruptcy options with a skilled attorney
To learn if Bankruptcy is an option for you. Fill our Bankruptcy Consultation Form and we’ll schedule you for a Free 15 minute phone consultation.