Is Bankruptcy Right For Me?
Bankruptcy Attorney Provides Guidance
Bankruptcy is a program to assist the debtor overwhelmed by debt. There
are separate chapters of bankruptcy to help debts according to their circumstances.
To find the one best for you and whether you quality, we can help. We
are Price Law Group, a nationwide bankruptcy law firm that has helped
over 60,000 families become debt free. We urge you to contact a
bankruptcy attorney to evaluate your options.
Chapter 7 Bankruptcy
Under this chapter, you are allowed to discharge your debt. This is for
the debtor who cannot pay off his or her debts even if given time. In
order to qualify for Chapter 7, you must satisfy a "means test."
If your income is under the median average income of a family your size
in your area, you automatically pass the means test. If your income is
over the median income, you still may qualify through the means test formula
taking into account your income and expenses.
Chapter 13 Bankruptcy
If you do not qualify for Chapter 7, you may still qualify for Chapter
13. Under this chapter, you pay off your debts over a three to five year
period. You get to keep your property and enjoy protection from creditor
actions. To qualify for Chapter 13, you must demonstrate that you have
the income to make the plan payments. If you do not, you may still qualify
by shedding some of your more expensive secured obligations by returning
the security.
Contact a Bankruptcy Lawyer
We have helped many clients find a road back to solvency. We can help you
too. Speak with a bankruptcy attorney at the firm today. We will evaluate
your situation and tell you what your options you qualify for. We can
then help you take advantage of your options.
Contact a Bankruptcy Attorney at the firm to discuss your bankruptcy options.
For more information call us at 866-210-1722 or fill out the form below.