We understand what you are going through. Tough financial times and a deteriorating economic climate have made things difficult for everyone. Creditors harassing you to pay bills that you cannot afford. The loss of a job of yourself or your spouse. Bills are piling up. It is important to find the right attorney to assist you. You can be confident in knowing that we have represented many clients in your position.
The New Bankruptcy Law, The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, went into effect on 10/17/2005, containing changes that greatly affect your bankruptcy filing options. Under the old rules, most filers could choose the type of bankruptcy that seemed best for them – and most chose Chapter 7 (liquidation) over Chapter 13 (repayment). The new law is prohibiting some filers with higher incomes from using Chapter 7; they will instead have to repay at least some of their debt under Chapter 13. All debtors will have to receive credit counseling before they can file a bankruptcy case – and additional counseling on budgeting and debt management before their debts can be eliminated. And, because the law imposes new requirements on lawyers, it may be tougher to find an attorney to represent you in a bankruptcy case.
You can be confident in knowing that we are fully versed on the important aspects of the New Bankruptcy Law, and that we can help you understand – and determine – your eligibility for Chapter 7, 9, 11, 12, 13, 15 Bankruptcy under the so-called “Means Test”.
Contact us today for a confidential consultation. We can help you decide if Bankruptcy is the right choice for you, and you can rest assured that your case will be handled the right way.