If you find yourself unable to pay your bills, getting sued by bill collectors or about to lose your home, filing bankruptcy may help you get back on your feet. We can help you make that choice and decide if bankruptcy is the best option for you and your family.
There are usually 2 types of bankruptcy cases that a consumer can file.
Chapter 7 bankruptcy results in a discharge, or liquidation, of your unsecured debt. Unsecured debt includes debt that is not secured by collateral, credit card debt, medical debt, deficiencies on mortgages and/or repossessions of cars, judgments and signature loans.
Chapter 13 is an adjustment of your debts. A portion of your unsecured debt is discharged and the remaining amount is re-paid through a plan. Generally, you must have regular income to sustain a re-payment plan. Chapter 13 is a good way to catch up arrearages on mortgages and car loans while discharging a portion of your unsecured debt. You can also use this type of bankruptcy to reduce or "strip down" an unsecured amount on, for example, your mobile home or car. Most importantly, Chapter 13 can stop foreclosures.
Is your home in Foreclosure or are you behind in your mortgage payments? In today's economy, many of us are having trouble paying our mortgages and other secured debts. Before your home is in danger of being lost in a foreclosure, make sure you have exhausted all of the resources available that can help you avoid losing your home. If you have exhausted all of your options, bankruptcy may be able to help you.
At Cary Law, we provide Legal Debt Resolution Services. That's right, we provide legal advice to assist in determining your best options! Unlike non-attorney firm based companies, we will not force you into a one size fits all repayment plan if it is not your best option. We handle almost every aspect of debt resolution including debt settlement, tax settlement, Fair Debt Collection Practices Violations, Fair Credit Reporting Act, Litigation Defense, and Bankruptcy.
Non lawyer debt companies cannot and will not provide legal advice. They will pigeon hole you into their area of expertise, convince you that is what you need, and likely charge you more than we will. And they aren't even licensed attorneys!
We will meet with you face to face and we will enter into a legal services agreement. You will have the ability to work directly with your attorney throughout the process. If something changes, call us, lets re-evaluate your facts and change course if we have to. We are here to help and protect your best interests.
11 U.S. Code § 528
Our law firm can help you evaluate debt relief options. We can negotiate with your creditors, and if necessary, help you file for bankruptcy relief under the Federal Bankruptcy Code.