Many people have been impacted greatly by the downturn in the economy. Even if you find yourself in dire straits, you still have options. Our experienced attorneys review your financial records and determine the best options for you to emerge from your debts and stop those harassing creditor calls.
- Chapter 7 is an option for individuals and small businesses to discharge virtually all outstanding debt and is the only true way to achieve a completely fresh start.
- Chapter 13 is an alternative option suitable for families and individuals who are attempting to save their home or are in an income bracket which would allow them to be able to fund a plan to pay off a portion or all of their debts over a three to five year period.
- Chapter 11 is for companies or individuals with significant assets and very high debt as well as significant income which exceed the parameters of Chapter 13, but afford these debtors the opportunity to restructure assets and liabilities in order to provide immediate debt relief.
The firm can also assist you in bankruptcy-avoidance measures such as loan workouts, loan modifications, loss mitigation and foreclosure prevention for small business and personal loans. Call our firm to schedule your initial consultation at (401) 725-1810.