Many people who should consider filing for bankruptcy do not even see bankruptcy as an option. In reality, bankruptcy is the best option for many people. The attorneys at Baumstark & Vincent, PLLC will sit down with you to discuss your particular situation and circumstances and help decide if filing is the right choice.
Bankruptcy in most situations can completely clean the slate of credit card and medical bills. Thanks to bankruptcy exemptions, most people do not lose any of their property during the process. With a debt relief attorney, you'll be able to obtain a fresh start, and move on to achieve all of your financial goals. Although there has been a stigma placed on bankruptcy, many people are able to begin reestablishing their credit shortly after discharge.
Our office specializes in Chapter 7 and Chapter 13 bankruptcy. There are advantages to both, depending on what your current circumstances are. Has your home undergone the process of foreclosure? Chapter 13 bankruptcies are intended for individuals just like you who are struggling to save their homes. Filing can stop foreclosure in its tracks. Mortgage deficiencies can also be included in your bankruptcy, and a repayment plan to creditors is established through a Chapter 13 Plan. If you're feeling overburdened with medical and credit card bills, filing a Chapter 7 may be a better suited option. This type of bankruptcy will wipe out debt owed to unsecured creditors, including foreclosure and repossession deficiency balances. Our bankruptcy lawyers will help you discover the correct path for your debt solution needs.