Unexpected medical bills. Lost job. Addictions. Identity theft. Car accident. Divorce. Change in business climate. These are just a few of the many reasons individuals, families, and businesses in our area find themselves overwhelmed by debt and looking for a way back onto their feet. Regardless of how the debt was created, filing for bankruptcy is an effective legal tool that provides a path toward financial stability.
The bankruptcy process can take several different forms. Based on the assets you want to keep, the debt you have, and your income; your debt can be reduced or discharged completely through regular payments for a set period of time, the sale of certain assets, or even eliminated without making payments or losing any assets. If the exemptions and requirements of the bankruptcy code are navigated correctly, you can get out of debt without losing the things you value most.
Our law office has a passion for helping our clients plan for a brighter future. If your debt is getting out of control, please give us a call and we can start talking about your options.