Not everyone in financial distress needs to file for bankruptcy to reorganize their finances. However, when suitable - bankruptcy can provide a fresh start.

Bankruptcy claims are filed in the Federal Court System as a solution to insolvency. There are various types of bankruptcy and reviewing your finances, assets, and delinquencies with a qualified and experienced attorney can help you determine the best course of action to resolve your financial issues.

Several of the most well known types of bankruptcies are Chapter 7, chapter 11, and Chapter 13, bankruptcies. A Chapter 7 bankruptcy is filed by an individual and a trustee assigned to the case assists in determining which assets will be liquidated and which are exempt in paying off debts and creditors. In a Chapter 13 bankruptcy, the individual expects to have future income allowing him to pay off debt within a 3-5 year time period. Under supervision of the court, finances are re-organized and a payment schedule is devised.

Our extensive experience in Bankruptcy law makes the process go smoothly. Come in for a consultation to see how we can meet your unique needs.