Bankruptcy Attorney

Chapter 7 Bankruptcy - available to individuals and families with average or below average income. This type of bankruptcy is the fastest and usually the least expensive form of bankruptcy relief. You are allowed by law to retain certain assets and up to a set value in other assets, these are called exemptions. You are normally able to finish a Chapter 7 within 120 days and it is reported on your credit for 7 years. We are able to provide advice and help you with this process as well as how to get re-started on building your credit.

Chapter 13 Bankruptcy - available to individuals, married couples, and families with above average income or those trying to save a valuable asset, such as a car or home. This type of bankruptcy is a personal or family reorganization. This type has a set term or length of 3 to 5 years and depends on several factors. Chapter 13 can help you save your home and catch up on mortgage payments of the term of the plan and possibly help you restructure your mortgage under HAMP. Chapter 13 can also allow you to pay off all your debt at a reduced fixed interest rate. We are able to provide advice and help you with this process as well as how to get re-started on building your credit.