Bankruptcy

You know that sick to your stomach feeling over having too many bills and not enough cash to pay them at of end of every month.  You may be going through a tough period of your life where nothing seems to going your way.   You may be the victim of a downturn in the economy, having been laid off from a job that met your financial needs, but have been unable to replace that income.  Or maybe you are ill, divorced, faced with a lawsuit, delinquent on your taxes, your business went down the pooper or any other real life situation has left you in a serious financial bind that you cannot seem to get out of.

Bankruptcy may be the answer for you.  To start, filing bankruptcy puts an immediate halt to most collection activities by your creditors.  This is called an “automatic stay”.   It provides “breathing room” for you to evaluate your situation free from the threat of your power being turned off, a bank account or wage levy, mortgage foreclosure, lawsuit or most any other action threatened by your creditors.

Depending on your assets, income, debts and other factors, bankruptcy options are flexible, ranging from total liquidation of your assets and discharge from your debts to plans to repay some or all of your creditors over a period of time or restructuring of your debts.

Bankruptcy also plays an integral part in tax problem resolution where in some circumstances, you may be able to discharge Federal and State and other taxes forever.

Call me today to discuss confidentially what your circumstances are and how I can help you feel better about yourself and where you are going in life.  Please note that in some Chapter 13 cases, a portion of your legal fee may be paid through the Plan.  Call me today to discuss you case.