Don’t just sit back and be embarrassed by your financial trouble. Do something about it.
If you find yourself swimming in debt and the creditors are swarming about like vultures, you may want to consider filing a personal bankruptcy. There are various forms of bankruptcy, and I handle those which should be filed pursuant to Chapter 7 of the Bankruptcy Code.
A Chapter 7 bankruptcy case is one in which the goal is not to establish a repayment plan, as is the case with those filed under Chapter 13. Chapter 7 basically enables you to get a fresh start and keep those assets which you wish to keep if you are allowed to do so based upon the exemptions which the law provides. You may keep a home, for instance, so long as your mortgage payments are up to date and there is no more than approximately $15,000.00 in equity. For married couples, the amount exempted is doubled. There are also exemptions permitted for vehicles and other items of personal property. A married couple may file for bankruptcy through my office for the same fee as an unmarried individual.
My fee for a Chapter 7 Bankruptcy is $795.00 plus court related fees.