There are various ways to resolve escalating debt. Filing for bankruptcy is a common answer, but there are also workouts, consumer protection lawsuits, and other debt reduction strategies. Our bankruptcy attorneys have advised businesses and individuals in declaring bankruptcy, as well as other proceedings and can effectively answer any bankruptcy questions you may have, as well as help you decide which type of bankruptcy protection works best for you. If you need up-to-date bankruptcy information, call us.
Our bankruptcy attorneys know that the most frequently used types of bankruptcy provided for in the U.S. Bankruptcy Code are:
When filing bankruptcy, you must first collect all financial information, including debts, tax returns and loan documents. With the help of a bankruptcy attorney, you will fill out the required bankruptcy forms (or schedules). An automatic stay takes effect instantly after filing for bankruptcy under the current U.S. bankruptcy laws.
Contact our bankruptcy attorneys for in-depth bankruptcy information or to help you decide what type of bankruptcy filing best suits you or your business.