Sometimes, you just need to hit the restart button. Bankruptcy may be the best option to do that. Filing Chapter 7 or Chapter 13 bankruptcies may discharge debts or help debtors find financial relief. Having someone represent you may also stop creditors from harassing you.
Three step process
Camphuis Law takes a three step approach to determining if Bankruptcy is right for you.
- Consultation — receive a free 15-minute phone call with a bankruptcy attorney to learn more about bankruptcy options
- Investigation — let Camphuis Law investigate your case to determine if the timing is right to file your bankruptcy or if other options would be recommended (such as tax resolution or financial counseling)
- Bankruptcy Representation — we will file your bankruptcy petition for a flat fee and appear at the 341 hearing with you
This is also known as liquidation bankruptcy and provides relief to those facing extreme debt. All non-exempt assets may be sold to pay off unsecured debts. Unsecured debts can include mortgages, auto loans, credit card debt and medical bills. You may choose to retain some debt, such as auto loans and mortgages, in order to keep your property.
In a Chapter 13 bankruptcy, an individual can be relieved from debts and not be forced to sell all their property. This form of debt relief allows you to repay debts through a pre-approved court payment plan. A chapter 13 may be preferred if you don’t meet the qualifications to file a chapter 7, and don’t want to sell your assets to repay your debt.