Bankruptcy Law

Bankruptcy - The Debt Relief Engine

Our law office concentrates its bankruptcy practice in the areas of Chapter 7 and Chapter 13 Personal Bankruptcies.  We also handle a number of Small Business Chapter 7 Liquidations.  Chapter 7 Bankruptcy is used primarily to eliminate debt.  Chapter 7 is often referred to as liquidation bankruptcy is most often used by people who have practically no assets, have lower to median level income for their family size or have primarily business debts.  Chapter 7 is one of the most common types of bankruptcies files and is often what people think of when they mention the word “bankruptcy”.  Chapter 13 is a reorganization of assets and debts and is often used to save homes, automobiles and provide debt relief to wealthier family units that have income over the median level for their family size.  Chapter 7 requires that all legal fees be paid prior to filing of the Chapter 7.  This often causes a hardship among those seeking bankruptcy.  Oftentimes a potential debtor will pay their legal fees with a tax refund, gift from family or make payments to their attorney for a year or more prior to filing.  Chapter 13 is often used by debtors who need immediate debt relief from a garnishment, lawsuit or citation to discover (an seize) assets.  Nearly 50% of our filed bankruptcy clients are Chapter 13′s.  We gladly accept referrals from Chapter 7 Attorneys who have a debtor who either does not qualify for a Chapter 13 or is being forced to convert to a Chapter 13.