When debt becomes overwhelming, you may consider declaring chapter 7 bankruptcy. This type of bankruptcy allows an individual to liquidate many of their assets, which can then be used to pay off much of their debt, leaving them mostly debt free after the process is complete. While this process can be completed alone, it is often more beneficial to obtain assistance from a chapter 7 attorney. Attorney Andrea Cartwright and her colleagues specialize in helping citizens of the Southfield, MI area with debt relief with affordable legal counsel services. They can help both with individual cases and corporate chapter 7 bankruptcy, depending on the need. With thousands of success stories behind them, they are prepared to help with your debt relief. Whether you are dealing with credit card debt, past due bills, debts for vehicles, or medical costs, you can walk away with a satisfactory outcome through chapter 7 bankruptcy. Call today to begin discussing your situation with an affordable bankruptcy lawyer in the area. Get a free initial consultation.
The Cartwright Law Firm works with clients to obtain a discharge order. The United States Bankruptcy Judge signs and mails this federal court order to your creditors. This order ultimately prohibits creditors from attempting to collect discharged debt. Although most debts can be charged through chapter 7 bankruptcy, there are certain times where debt is not automatically discharged. This typically includes income taxes that are no older than three years, student loans, alimony, criminal fines, child support, among other things. A chapter 7 bankruptcy case usually lasts about four to five months, make sure the process is smooth and work with the experienced and dedicated attorneys at the Cartwright Law Firm.
Declaring chapter 7 bankruptcy is the most beneficial when you have more debt than you’d reasonably be able to repay. Before declaring chapter 7 bankruptcy, it is a good idea to look at your existing debt with an attorney in your area. It may be beneficial to ask a lawyer for assistance in determining whether filing for chapter 7 bankruptcy is the right decision for you. Your lawyer can help you determine what debt can be discharged and what can’t, as well as let you know what assets may be exempt from liquidation. Additionally, they’ll help you make sure that you’re eligible to file. Without a trusted attorney, it is difficult to sort through bankruptcy laws, documents to file, and more. Therefore, it is highly recommended that you work with a law office that provides trustworthy and honest counsel for bankruptcy clients.
If you decide to go through with the process, then you’ll need to fill out the required chapter 7 bankruptcy forms, a process that your attorney can assist you with. Afterward, much of the work of liquidating your assets and contacting creditors will be handled by a court-appointed trustee. Your trustee will speak with you regarding your debt, likely inquiring about several bits of information on your form, including pay stubs, bank statements, and tax returns. Your personal responsibilities after that include taking credit courses in order to learn how to better manage your debt. After the process is completed, many of your debts will be discharged, meaning that you are no longer responsible for them. With the proper assistance from an attorney, you can start fresh without the threat of creditors taking everything you own. The Cartwright Law Firm will work to protect your assets and set you on the right path for your long-term goals. If this sounds like the type of assistance you are seeking during this time, get in touch with the law office today for a free consultation. An affordable and low fee lawyer will walk you through the process and answer all of your questions.
Chapter 7 bankruptcy often seems intimidating to many individuals. For one, most aren’t excited about the prospect of liquidating their assets. For another, many fear damages being done to their credit score. However, the relief declaring chapter 7 bankruptcy can bring is undeniable. Additionally, while your credit score may take an initial hit, it can rebuild itself quickly; in fact, you may see improvement within the year. This is if you work with a lawyer that is highly experienced in chapter 7 bankruptcy cases in the area.
A chapter 7 attorney from the Cartwright Law Firm, PLLC can help you when you need assistance. Andrea Cartwright and her colleagues are debt relief experts that have been working in the field for more than 20 years. They can help any individuals in the following areas file for chapter 7 bankruptcy:
The Cartwright Law Firm, PLLC can provide both counsel and general legal representation for those who need it. Consider calling today to receive a free consultation. The initial consultations are with seasoned and affordable lawyers in the area. You will have personal, one-on-one contact with the attorney so that you receive personalized legal assistance for your case. In addition, you can expect our client-centered services to be affordable for all. Our legal services start at $500 while offering affordable payment plans. Schedule your initial consultation today by calling the office.
Corporate chapter 7 bankruptcy is different from the standard type. Unlike when an individual files, corporations can no longer continue operation; they become debt-free by dissolving the company entirely. While this may seem daunting, there are certain circumstances under which a company might wish to file for this type of bankruptcy. For example, say a corporation is worried that creditors will try to pursue legal action to reclaim their debts. By declaring corporate chapter 7 bankruptcy, they can help mitigate this concern. This is because filing proves that the money truly is all going to the creditors to pay off debts, and not somewhere else. When done correctly, this can give a better sense of closure, and allow business owners to start fresh.
When you are considering filing for bankruptcy, it’s important to get a second opinion from a qualified lawyer. So, consider contacting the Cartwright Law Firm. Get your free consultation in Southfield, MI today.
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The information contained on this website is presented for informational and marketing purposes only and is not to be understood as legal advice. You should consult an attorney for advice respecting your individual needs. CartWright Law Firm PLLC looks forward to speaking with you about your particular needs. Please note, however, that the mere act of contacting our firm does not create an attorney-client relationship. As a result, you should never send any confidential information to our office until a Representation Agreement has been signed by both you and CartWright Law Firm PLLC.