Sound Counsel if You’re Thinking About Bankruptcy

Many people facing acute financial pressure regard bankruptcy as a last possible resort. Unfortunately, putting off your bankruptcy petition too long could hurt your ability to make the most of your right to a discharge your debts while protecting your assets.

Other people file for bankruptcy at times or for reasons that won’t do them much good. If you need advice about the difficult decision to file for bankruptcy on terms that will work for you, your family or your business,contact an experienced lawyer.
Unless you’ve filed for Chapter 13 twice recently, just about everyone stands to benefit right away from the automatic stay. Once your bankruptcy case is filed, your creditors have to stop collection activities: mortgage foreclosure, car repossession, wage garnishment, lawsuits or even phone calls.
But that’s only one part of the picture. Bankruptcy attorneys take a close look at your debts, assets, income and expenses. They see which of your debts can’t be discharged in bankruptcy then determine whether you might need to turn assets over to a bankruptcy trustee. They also calculate whether you’re eligible for Chapter 7 and advise you if you’ll be better off in Chapter 13 anyway. They may even help you get started toward rebuilding your credit.

If bankruptcy won’t do you much good — or any good at all — a bankruptcy attorney let you know immediately. If you stand to benefit from a bankruptcy case, we’ll work with you at every step of the process to answer your questions, avoid mistakes, and help you get the most out of your right to bankruptcy relief.

There’s no need to feel embarrassed about bankruptcy — after all, more than a million new cases were filed in 2008. To find out whether bankruptcy might be the right move for you right now, contact a lawyer.