Certainly many circumstances, including hard times and unfortunate events can result in unmanageable debt. Regardless of the reason whether job loss, an accident, the economy or family illness has brought you to us, we will help you understand all of the options available. Emphatically, we want to find the best solution for your specific situation. If bankruptcy is the right fit for your circumstances, then we will guide you through the entire process.
Some of the areas we assist with include, but are not limited to:
- Chapter 7
A Chapter 7 is a proceeding under federal law in which the debtor seeks relief from creditors. Debtors can sell items that are not apart of the contract.
- Chapter 13
A chapter 13 bankruptcy is also called a wage earner’s plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.
Taking possession of a mortgaged property when the mortgagor fails to keep up their payments.
- Tax Debt
Tax debt is any taxes that you owe to the IRS after the filing deadline.