Experienced Bankruptcy Attorneys
For people in Battle Ground who are besieged by debt and have no way to pay it back, it might be time to start over and file for bankruptcy in Battle Ground. If any of the subsequent situations embody your existing circumstances, then bankruptcy may be your only valid option.
- You cannot pay utility bills
- You have medical bills you cannot repay
- Your house is going into foreclosure
- Your car is about to be repossessed
- You have been unemployed for months and can’t pay off debts
Types of Bankruptcy
At our law firm in Battle Ground, Washington, we can help you handle filing for bankruptcy. Legally, there are two bankruptcy options to file for: Chapter 7 and Chapter 13.
Chapter 7 Bankruptcy
Otherwise known as “straight” bankruptcy, as it eliminates most of your debts, with some exemptions. It’s possible that some property will be repossessed, but you’ll be permitted to keep essentials to uphold a quality standard of living.
In some cases, the property is seized to pay your creditors. However, some states permit the filer to keep their vehicle, clothing, jewelry, life insurance, retirement plan, etc., but this significantly differs from state to state. Items are valued first before the judge makes a ruling on what possessions are exempt and non-exempt. The filing fee is different in each state.
Chapter 13 Bankruptcy
This is also known as debt adjustment and it is suitable for people in Battle Ground, Washington who are behind on payments but still able to pay creditors. They will need a new repayment plan. These people can file for Chapter 13 Bankruptcy if they have a good income but are behind a car loan or mortgage payment, owe income taxes, or have property they want to keep. It may not be probable to file Chapter 13 bankruptcy if you’ve already filed for Chapter 7 during the last eight years. The filing cost varies from state to state.
How We Can Help You
After deciding to file for bankruptcy in Battle Ground, it is best to consult with a lawyer in advance. This is a complicated situation which involves dealing with creditors. Before you choose to file Chapter 7 or 13, contact a lawyer at Brian Walker Law Firm PC. Several issues could potentially come up when it comes to valuing property and other assets, and a specialized legal representative can help you navigate the situation.
Call our competent bankruptcy attorneys about filing for Chapter 7 or 13 bankruptcies. Once you hire a lawyer from Brian Walker Law Firm PC in Battle Ground, you can refer your creditors to us so they stop calling you. Our fees are dependent on the specifc case it is and it’s difficulty.