Thursday, November 21, 2013

Bankruptcy Basics

If you are thinking about filing for Bankruptcy, we understand how frustrating and complicated the process can be. If you are facing foreclosure, wage garnishments, harassing creditor calls, or just overwhelmed with debt. At BankruptcyLawfirms.com, our attorneys can represent you in all phases of your bankruptcy proceeding. They can walk you through every step of the way and keep you informed of everything you need to know about bankruptcy (Chapter 7 bankruptcy and Chapter 13 bankruptcy), as well as other alternatives for managing your debt. If you are filing for bankruptcy for the 1st time, we understand what you are going through, especially if you consider yourself a responsible hard working individual.

We know how the law works, what it can (and can't) do, and whether bankruptcy might be a good option for you. We are here to help you. You will receive a Free Evaluation to find out how bankruptcy works, what it can (and can't) do, and whether it might be a good option for you. You will talk to an attorney directly with specialized knowledge and experience in all areas of bankruptcy law.
We have the largest network of licensed bankruptcy attorneys across the United States. After selecting an attorney, you will receive one-on-one personal attention during the entire process. Let the law work for you and file for bankruptcy protection with someone you can trust.

Types of Bankruptcy

As an individual filing for bankruptcy, you'll most likely choose between two types: Chapter 7 and Chapter 13. Chapter 7 involves the liquidation of assets in order to pay back creditors, while Chapter 13 revolves around debt consolidation. Depending on your financial situation, our attorneys want to help you protect all of your assets. We will work on a custom plan to determine which bankruptcy is right for you.

Once you have made the decision to retain a bankruptcy attorney, going forward, you will no longer need to speak to your creditors. Your attorney, on your behalf, will effectively put an end to those annoying, harassing phone calls and letters. Once your attorney has filed on your behalf, "Automatic Stay" goes into effect. This will halt all actions by creditors to collect debts during the bankruptcy process.

Call us today - we can help!

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