Choosing the right bankruptcy attorney is an important first step when you're looking to regain your financial footing.
At Becker Law Group, our compassionate lawyers are here for you when you need us most, and we're ready to discuss your current circumstances and help you through this difficult time. We understand how overwhelming and intimidating a bankruptcy filing can be, but you don't have to go through this process on your own. Our attorneys will give your matter the personal attention it deserves, and we can get started with a free case evaluation by calling 1-800-946-6332.
We offer comprehensive debt management services, and we're proud of the positive reputation we've earned by our clients. We can put your matter into perspective and educate you on your legal options, and our lawyers will work your case all the way through. Let us put our knowledge of this area of the law to use on your behalf. Whether you're filing for yourself or your business, we welcome the opportunity to earn your trust.
At Becker Law Group, a bankruptcy attorney is a phone call away. We operate at flexible hours, and we'll move quickly to schedule your initial consultation. Our lawyers and staff speak Spanish, Russian, Mandarin, and Cantonese. To speak with one of our law professionals, call our office at 1-800-946-6332 today.
Chapter 7 bankruptcies are appropriate for those individuals facing extreme debt who may not have the source of income to repay them. A person or business' non-exempt assets are sold and used to repay the debts. Any debts not covered by the sale are generally discharged, with some exceptions. Businesses that declare Chapter 7 bankruptcy typically cease to operate unless the court-appointed Trustee chooses to continue the business.
Chapter 11 bankruptcies are typically used by businesses that need help reorganizing their business structure so that they can make their payments in a timely manner. Businesses that file Chapter 11 bankruptcy typically still operate. In a Chapter 11 bankruptcy, the business must implement and adhere to a confirmed repayment plan, and the creditors must observe the plan.
Chapter 13 bankruptcies are appropriate for individuals who have a steady income but need some assistance repaying their debts. Under Chapter 13, the individual adopts a repayment plan that allows the loans to be repaid over three to five years. Chapter 13 bankruptcy ends the foreclosure process and allows debtors to keep their homes.
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