Let Our Skilled Lawyer Help You Manage Your Debt
Bankruptcy is something few people want to consider. However, it may be your best course of action. If you feel like you're drowning in a sea of loans and bills, it's important to know you have options. We understand this may be a stressful and emotional time for you and your family, but you can become debt free by working with an experienced attorney to file for bankruptcy.
The Woods Law Firm, LLC is dedicated to helping people find their footing. We understand “bankruptcy” is a scary word that brings up a lot of negative connotation. Filing for bankruptcy, however, can have numerous benefits for many consumers.
Call us about your case at (860) 999-9757 or fill out our online form to schedule a case evaluation today.
Types of Bankruptcy
Bankruptcy comes in multiple forms. Depending on your goals and debts, you might want to file for a Chapter 7 or a Chapter 13 bankruptcy.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy, also known as liquidation bankruptcy, is when all non-exempt assets will be sold. The total amount for selling all these assets will go to paying off your lenders. After filing for bankruptcy, an automatic stay will be placed on your accounts, so all foreclosure and collection attempts will cease immediately.
Chapter 11 Bankruptcy
Chapter 13 bankruptcy allows debtors to become debt free but doesn't require liquidation. In a Chapter 13, consumers will repay debts over time using a court-approved payment plan. This type of bankruptcy is useful for saving a home from foreclosure or repaying large amounts of delinquent tax debt that would otherwise be dischargeable in a Chapter 7. This chapter is often the best course of action for those who are still employed and can afford minimum payments against their debts.
Call Our Skilled Attorney Today
If you want to file for bankruptcy, our attorney can sit with you and thoroughly review your situation. We can help you determine whether bankruptcy is the right step for you and under which chapter you might be eligible to file. Likewise, we can assist you with staying debt free and rehabilitating your credit rating. Let us ensure your rights, assets, and property are completely protected throughout your case.
At our firm, we understand you may have many choices to make when trying to resolve debt problems, and we would like you to contact our office as soon as possible to discuss some of these solutions. Our firm has a track record of success, and our experienced Windham County bankruptcy attorney is not afraid to use his skill and knowledge of state and federal bankruptcy laws to help you overcome this difficult situation.
For more information about how we can help and about the many benefits that might be available to you if you qualify for bankruptcy, contact us at our Windham County office today.
You can reach us at (860) 999-9757 or by filling out our online form.