Debt Relief Through Bankruptcy
Chapter 7 Bankruptcy
Chapter 7 is the most commonly used form of bankruptcy. Many people think that they will lose all of their assets when they file Chapter 7. This is a common misunderstanding. While some assets may need to be liquidated to pay off creditors, most people are surprised to find out they can keep most if not all of their property. Through Chapter 7, you can eliminate your debts and get a fresh start on your financial situation.
When you file Chapter 7, an automatic stay goes into place. This puts an immediate halt to harassing calls from creditors. It also stops foreclosure, repossession and other collection efforts. With the help of our lawyers, you will feel the positive impact immediately.
Chapter 13 Bankruptcy
Chapter 13 comes with many of the benefits of Chapter 7. The biggest distinction is that Chapter 13 requires the creation of a debt repayment plan. Over the course of three to five years, you will pay off most of your debts. There is no asset liquidation required at all.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.