Adept Bankruptcy Attorneys
For those in Stevenson who is it might be time to start over and file for bankruptcy. If any of the subsequent situations represent your existing circumstances, then bankruptcy may be your only legitimate option.
- You cannot pay utility bills
- You have medical expenses 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
Chapter 7 Bankruptcy
This is also known as “straight” bankruptcy, as it eliminates most of your debts, with some exceptions. You might need to give back some of your property while keeping fundamentals to keep a quality measure of living.
There are some situations where the property will be reclaimed to pay your creditors. However, certain states allow the filer to keep their vehicle, clothing, jewelry, life insurance, retirement plan, etc., but this majorly varies from state to state. Possessions are appraised first before the judge makes a ruling on what property is exempt and non-exempt. The filing fee is different in each state.
How We Can Help You
After deciding to file for bankruptcy in Stevenson, it is best to discuss it with a lawyer ahead of time. 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 auditing a home and other possessions, and a qualified lawyer can help you manage the situation.
Contact our experienced bankruptcy attorneys about filing for Chapter 7 bankruptcy. After hiring an attorney from Brian Walker Law Firm PC in Stevenson, you can refer your creditors to us so they stop calling you. Our fees are dependent on the type of case it is and the difficulty.