Bankruptcy
If you are like many Americans in this economy, you are facing an overwhelming amount of debt and looking for a solution. Bankruptcy may be your answer.
Thousands of Americans have been able to rebuild their financial status through bankruptcy. At Financial Relief Law Center we will analyze your entire financial situation and provide you with sound advice empowering you to make an informed decision. A bankruptcy should never be filed without first consulting an experienced attorney who has a clear understanding of the process and your best interest as the goal.
Bankruptcy can provide relief from the constant threats and harassment of creditors. Once you have retained our firm, you will refer all creditors to Financial Relief Law Center. Creditor threats and harassment will stop immediately!
Chapter 7 Bankruptcy allows for the discharge of most debts as opposed to the repayment of debt. Chapter 7 Bankruptcy is the most common type of bankruptcy in today's economy. In a Chapter 7, a bankruptcy trustee gathers and sells the debtor's non-exempt assets and uses the proceeds to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. This is most commonly referred to as "liquidation". However, the Bankruptcy Code does allow the debtor to keep certain "exempt" property. For this reason, it is crucial to have a seasoned attorney with expertise in bankruptcy law to protect your interests.
Chapter 7 Bankruptcy can provide you with the fresh start you are entitled to under the law by helping you relieve your overwhelming debt.
Chapter 13 Bankruptcy is generally for individuals with regular income who want to develop a payment plan that will repay all or part of their debt. Under this chapter, consumers agree to a repayment plan making monthly installment payments to creditors typically over a three to five year period. This type of bankruptcy is ideal for consumers who can generally afford to pay their bills but require a restructure of the debt to lower their payments over a longer period of time.
Remember, it is important to receive sound advice from a reputable law firm before filing for bankruptcy. At Financial Relief Law Center, we understand every case is unique. We will evaluate your particular situation at no cost and provide you with the solution that is best for you!
Since we are a financial services law firm, we have multiple options for dealing with consumer debt. We provide flexibility, professionalism and care. No matter which option you choose, we will guide you every step of the way on your path to financial freedom!
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