Are you overwhelmed with your debts? Do debt collectors
keep calling you? Are you facing a foreclosure? Bankruptcy may be right
for you. And it’s time to re-gain control.
Edwin C. Lenow can help.
He will personally meet with you and will evaluate your
financial situation and help you determine whether bankruptcy is the
right choice for you.
Is bankruptcy the right option for you?
Personal Bankruptcy and Business Bankruptcy
Several bankruptcy options are available depending on
your situation. We will help you understand which option is best for
you, so that you can make informed decisions about how to proceed.
Chapter 7 : This form of personal or business bankruptcy involves a liquidation of non-exempt assets (if any) to pay off debt.
Chapter 11 : Companies and individuals
can use this reorganization and debt reduction process to maintain their
businesses and assets, while paying back debt.
Chapter 13 : For individuals, this form
of bankruptcy involves preparing a debt repayment plan, in which they
agree to pay a certain portion of their future income to the bankruptcy
trustee for payment to the creditors. Individuals can protect their
homes, businesses and other assets.
Although bankruptcy is not right for everyone, for some
it is a chance for a fresh start. Filing for bankruptcy protection can
assist in a number of ways, including the following:
- Save your home
- Stop harassing phone calls
- Stop lawsuits (with some exceptions)
- Stop garnishments
- Stop vehicle repossession
- Stop enforcement of judgments
- Eliminate or reduce debt
Our experience includes every aspect of bankruptcy law,
including taxes and credit. Consequently, we understand bankruptcy
issues from all perspectives. As a result of our knowledge and
experience, we are able to resolve even the most complex bankruptcy
issues.
Don’t hesitate! Give Edwin C. Lenow a call or email today for legal issues you need assistance with.
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