Individuals faced with foreclosure, repossession, wage garnishment, or a bank levy are entitled to get help through our debt relief solutions. It is in your best interest to seek advice and legal services for the best chance at overcoming the debt you are facing before it is too late. Although you may have to forfeit some of your valuable assets, it might be the best solution for protecting the future of your finances.
It is tough to plan ahead for unfortunate life events that hurt finances, such as the loss of a job or divorce. An individual that is struggling with significant debt can file Chapter 7 bankruptcy to start over fresh after giving up all required assets to repay lenders. Our bankruptcy lawyers may feel that Chapter 13 bankruptcy is a better option if there is an ability to repay once debts are consolidated into an agreeable monthly payment amount. It takes longer to settle the debts, but the advantage is the ability to retain important assets throughout the process.
We can help in many ways including:
Insurmountable debt causes many small, as well as major, businesses to close down each year. When it seems that there is no way to become profitable, Chapter 7 requires that all assets are sold off in liquidation to reimburse money contributed by lenders and investors. If it seems that a restructuring could put a corporation back in a position of making profit, Chapter 11 is an agreement to have a trustee make important decisions in the effort to get out of debt.
Most people do not realize that lenders typically want to avoid the complicated and expensive foreclosure process whenever possible. If your financial situation has changed since signing the original contract, it might not be too late to have one of our attorneys renegotiate a more suitable agreement so that you are able to continue making payments.
All property transactions involve both parties agreeing to and signing agreement documentation. Our attorneys are well-educated in the terminology of all Real Estate contracts and we can help you get understand every little detail before you agree to any terms. If you need to draw up your own contract, let us assist you with all of the details to ensure that you are protected when buying, selling, or renting any piece of property.
Reach out to our attorneys through our contact form the moment that you feel finances are becoming too overwhelming for your budget.