You
deserve a fresh start! You could be considering bankruptcy due to the
occurrence of many different unexpected events. These could include
medical bills, an expensive divorce, or loss of job. In these difficult
economic times, declaring bankruptcy may be your best course of action
to protect yourself from greedy and overbearing creditors. At Interstate
Law Group, we are always available for a FREE consultation to determine
whether bankruptcy is your best course of action. If so, we have
extensive experience with bankruptcy matters, from simple Chapter 7 to
more involved corporate reorganizations under Chapter 11.
Benefits of Filing for Bankruptcy:
When
you are overwhelmed by debt, filing for bankruptcy may be your best
option for debt relief. Immediately after you file bankruptcy, the
bankruptcy court places an automatic stay on collection of your debs.
This mean that all your pre-bankruptcy creditors must immediately stop
contacting you.
Harassing calls and letters from creditors will
cease, wage garnishments and repossessions actions will stop and
foreclosure proceedings will come to a halt. This provides much needed
breathing room and time to create a plan for you and your family to
regain financial stability.
Bankruptcy can protect you from:
• Foreclosure of your homestead
• Repossession of your automobiles
• RS harassment
• Pending lawsuits
• Judgements
• Creditor harassment
• Garnishment of wages
• Telephone harassment
MOST
PEOPLE STILL QUALIFY FOR BANKRUPTCY! Many people believe that the
recent changes in bankruptcy laws have eliminated their ability to file
bankruptcy, when in fact, most people do still qualify.
CHAPTER 7
BANKRUPTCY is an affordable solution for people with limited income or
resources. It can eliminate your obligation for large amount of debt,
especially credit card debt. In many cases, you will not have to give up
any of your property or assets. Chapter 7 Bankruptcy is designed to
give people a fresh start when they are struggling to keep current on
bills and is a means to put an immediate end to harassing phone calls,
legal action, and garnishment by creditors. We welcome the opportunity
to discuss your specific situation and determine if a Chapter 7
Bankruptcy is right for you.
CHAPTER 13 BANKRUPTCY allows
people who have significant income or assets to restructure their debt
in a way that will allow them to pay back some or all of their
liabilities in monthly installments over a set period of time. A chapter
13 Bankruptcy Plan can be worked out that will provide you with fixed
payment for three to five years with no interest or penalties. This can
be used to either eliminate some of your debt or to allow you to catch
up when you are late on mortgage payments or other secured loans.
Chapter 13 is also an option for people who with to pay back all of
their debt but who need a structured payment plan to do so. We will work
with you every step of the way through the process.
We will
prepare all documents in close consultation with you to ensure that your
case goes as smoothly as possible and without aggravation.
We
will prepare you for the meeting of creditors so that you will be
prepared to answer the questions that you are asked under oath.
Even after your case is closed, we will remain available to ensure that your creditors do not contact you.
We look forward to serving you....
