Focused on seeing you through the debt relief process
A bankruptcy law firm can help you clear the slate and re-write your financial future. Whether you are facing an individual or a business financial crisis, my office is here to help. I understand how the Bankruptcy Fraud Protection and Consumer Protection Act of 2005 changed some of the qualifying conditions. As your bankruptcy advocate in southwest Virginia and eastern Kentucky, I review your circumstances to determine if you have a case for court-ordered debt relief and, more importantly, whether bankruptcy is the right option for you.
Experienced, compassionate guidance
I have years of experience practicing before the federal bankruptcy courts. My office understands that facing bankruptcy proceedings is never simple, but you are not alone. Many Americans will petition for debt discharge through the courts this year, each with a unique set of circumstances — and each with unique concerns.
My first priority is to determine your eligibility for debt relief by performing a review of your financial documentation. Many people find this portion of the process uncomfortable, but our office is here to help you.
After a review of your financial documentation, I can discern how your economic situation is affected by the laws. For example:
Chapter 7 bankruptcy, which is known as “liquidation,” is designed for individuals who own very little in terms of property or other assets. Generally, nothing is liquidated since certain assets are protected from creditors in bankruptcy. It is the least complicated form of debt relief, and can be completed in as little as a few months.
Chapter 13 bankruptcy, which is known as the “payment plan,” is designed for individuals who have equity in homes or other property that cannot be protected from creditors in Chapter 7 bankruptcy. Petitioners under the guidelines of Chapter 13 are provided with a three to five year period of monthly payments to pay down their debts. Only a small percentage of debt is often repaid in Chapter 13.
As overwhelming as this situation may seem, the assistance of an experienced bankruptcy lawyer can see you through. I take pride in representing each client and treat each case individually. My office can evaluate your individual debt problems and help craft a solution that is right for you.
Putting a stop to creditor harassment
A powerful tool in the bankruptcy process is the automatic stay. During the bankruptcy process, the automatic stay prevents creditors from making contact with individuals and companies seeking debt relief through the courts. An automatic stay will:
Stop collection efforts
Stop repossession efforts
Stop certain lawsuits
Stop the garnishing of wages
The Bankruptcy law provides some exemptions to certain creditors during the period of the automatic stay. Although many creditors are required to stop collection efforts, some financial liabilities, such as federally funded student loans, cannot be discharged in the bankruptcy process.
Schedule your free debt relief consultation today
Call today to discuss your case immediately with Attorney Stephanie Brooks Chadwell
Bankruptcy may be the responsible choice for you. Talk to us for help in putting your finances back on the right track. Call our office at (276) 346-0555 or email us at firstname.lastname@example.org to schedule a free and confidential consultation. We serve the southwest Virginia and eastern Kentucky area in bankruptcy from our Jonesville, Virginia location. Attorney Stephanie Brooks Chadwell is licensed to practice law in Virginia and Kentucky.
“We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”