Many people find themselves in financial conditions that are difficult to overcome. Whether the difficulty is brought on by poor money management, or more frequently, by divorce or major medical condition; people sometimes are left with very few options when dealing with creditors. One option that we assist people with is a Chapter 7 bankruptcy. In 2005, the bankruptcy rules changed. These changes altered the substance and procedural steps of the process however bankruptcy protection is still available to those who truly have that need.
There are 4 types of bankruptcy available. These are called chapters. The chapters are 7, 11, 12, 13. Chapter 7 bankrutpcy is the type of bankruptcy services our firm provides. This is commonly referred to as Liquidation bankruptcy. Chapters 11 and 13 bankruptcy are commonly referred to as Reorganization. Chapter 11 is not available for the typical consumer debtor. Chapter 12 bankruptcy is for farmers and fisherman bankruptcy protection.
At our firm we file only Chapter 7 bankruptcy. However, we will visit with you regarding your specific financial condition to determine if Bankruptcy protection is available for your situation, or if there is another alternative. If you need bankruptcy assistance that we are not able to provide, we will do our best to assist you in finding an attorney that can handle your matter.