Bankruptcy is not an option for everyone. For many it is a last resort, and the decision to file for bankruptcy is often put off “for another time,” when it should be actively considered as a viable option. Most people do not realize that there are threshold requirements and time limitations for filing bankruptcy. You need to act quickly and find the right bankruptcy attorney.
You may be asking:
What is chapter 7 bankruptcy?
What is chapter 13 bankruptcy?
What is the difference between chapter 7 and chapter 13 bankruptcy?
Chapter 7 bankruptcy is known as a liquidation bankruptcy. Most of your debts are discharged, meaning you no longer owe them. Liquidation bankruptcy is generally meant for people with limited incomes who do not have the ability to pay back all or some portion of their debts.
Chapter 13 bankruptcy is referred to as a reorganization bankruptcy, if you can successfully complete a court-mandated repayment plan.
Most bankruptcy cases are filed under Chapter 7, 11, or 13 of the Bankruptcy Code. Federal courts have jurisdiction in bankruptcy cases, meaning state courts cannot hear a bankruptcy case. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
In the current economy, a large number of Americans are struggling to make ends meet due to overwhelming debt, medical expenses, living expenses, and sudden losses or reductions in household income.
Many are unable to meet their financial obligations and are left exposed to creditor actions such as repossessions, foreclosures, or wage garnishments. Fortunately, there is a tool that is designed to help people who are experiencing extreme financial difficulty.
Bankruptcy is designed to effectively eliminate most or all of a person’s unsecured debt. Chapter 7 bankruptcy lawyers help individuals file for chapter 7 bankruptcy. We can help you obtain a second chance at building a successful financial future.
If you are considering bankruptcy, contact Attorney Geoffrey Farrington today. Our office will help you review your options and determine what course of action should be taken in order to resolve your financial situation.
Before taking any action, it is best to consult with a chapter 7 bankruptcy attorney who can show you how to file bankruptcy chapter 7. If you choose the wrong type of bankruptcy, or file for bankruptcy when a different solution would have better solved your situation, you may end up worsening your financial situation. Attorney Farrington is an experienced chapter 7 bankruptcy attorney and has helped countless individuals. He is ready to help you secure a debt-free life.
Among the issues Attorney Farrington can assist with are:
Attorney Farrington is here to help you take your financial life back. You will receive unmatched personal service and open, accessible communication after deciding to become one of our clients. Call to schedule an appointment today.
We understand that these are stressful and overwhelming situations, which is why we are here to guide you through the process toward financial stability.
A graduate of Western New England University School of Law, Attorney Farrington is committed to protecting the financial health and wellbeing of his clients. He has helped hundreds of clients regain their financial footing and rebuild their lives. Contact our office today to maximize your ability to take assertive action and take control of your financial future.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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