If you are avoiding answering the phone due to harassing collection calls or if a creditor has threatened to levy your bank account or your wages, you may be feeling overwhelmed, stressed and unsure where to turn.
When you find yourself unable to pay your bills, whatever the cause of your financial difficulty, we can help. We can review your circumstances to determine if bankruptcy may be the answer for you and help you understand the various types of bankruptcy available to you.
Chapter 7 bankruptcy, also known as liquidation or straight bankruptcy, allows you to eliminate the majority of your debts and start over with a clean financial slate.
If you have very little or no income, Chapter 7 may be the best option for you. Although you could lose some of your assets under Chapter 7, there are protections under the law that make some of your property exempt. We can review your circumstances to see whether you qualify for Chapter 7 or if another form of debt relief may be a better option for you.
If you have a steady income but it is not enough to cover your current debts, you may qualify for Chapter 13 bankruptcy, also known as a wage earner’s plan.
Under Chapter 13, debtors propose a payment plan designed to repay debts over a three- to five-year period. If you are facing foreclosure on your home, Chapter 13 may stop those proceedings and allow you to resolve delinquent mortgage payments as part of your payment plan. Because payments are extended over the life of the plan payments are lowered, making payments more manageable. In addition, some creditors may forgive some or all of the debt once they learn that you are filing bankruptcy under Chapter 13. Our bankruptcy attorneys can help.
Getting behind on your mortgage payments can be extremely stressful and frightening. It is even more frightening when the mortgage company says they are moving forward with foreclosure on your property. When you are facing the loss of your home, working with a loan modification attorney may help you get your payments back under control in order to prevent foreclosure.
Lenders may offer a reduction in interest or adjustments to payment terms that will allow you to pay a lower monthly payment in an effort to get your payments caught up. We can work with your mortgage company in an effort to get you terms that are more manageable based on your financial situation.
Real estate is a complicated process with many legal aspects that are difficult for the average person to understand. We offer a wide range of real estate services. We can explain the various documents involved in your real estate transaction, including promissory notes, deeds of trust, security agreements and loan terms in language you will understand.
Whether you are buying, selling or in need of another form of real estate transaction, we can provide you with the advice and guidance you need.
If you or a loved one are dealing with creditor phone calls, threats of garnishment and need a fresh financial start contact our bankruptcy attorney today to learn if you are a candidate for bankruptcy.
We can also assist you with modifying your mortgage loan or other real estate transactions. Arrange for your consultation by calling us or visiting us online.
WE HELP PEOPLE WHO ARE IN FINANCIAL FALLOUT PAVE A NEW START TO LIVING DEBT FREE.
