Chapter 7 Bankruptcy
Sometimes people are faced with financial hardships, regardless of their income, background, or circumstances. Large amounts of debt can be financially and emotionally devastating. Loss of a job, credit card debt, and medical expenses are some of the more common situations that can lead to excessive debt and difficulty in paying regular bills. Regardless of your circumstances, there is a viable solution to aid you so you don’t have to continue facing an overwhelming, inescapable financial burden.
The bankruptcy process is designed to help you get back on your feet, wipe the slate clean, and receive a fresh start. While the bankruptcy process may seem daunting and overwhelming with endless paperwork and legal requirements, our firm can guide you through the bankruptcy process, resulting in a debt free future. We can assist in filing the bankruptcy petition, which results in the immediate stop of collection activities and communications from creditors.
We specialize in Chapter 7 bankruptcy cases. Chapter 7 doesn’t require the filing of a repayment plan (that is a provision of Chapter 13 bankruptcies). Instead, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code.
Contact Meehling Law for a consultation and assistance if you feel buried under a financial avalanche with no escape. Our dedication to client satisfaction and personal care will set you on a path of financial relief, and offer an opportunity for you to rebuild your financial future.