Skilled Legal Representation When Filing For Bankruptcy
At Strawn & Robertson, LLC, we understand that no one wants to file bankruptcy; however, sometimes it is the best solution for overwhelming debt. You have the constitutional right to file bankruptcy, and it is a safe, legal option for debt relief.
Our lawyers are very experienced with bankruptcy and are prepared to help you eliminate debt and protect your assets. We represent individuals and businesses in bankruptcy filings in Alabama. Please speak with us to learn more today.
The Many Benefits Of Bankruptcy
Bankruptcy provides the relief of the automatic stay, which halts all collection activities against you while the bankruptcy is in progress. It stops wage garnishment, foreclosure, repossession and creditor harassment.
We can assist you with Chapters 7, 11 and 13:
- Chapter 7 can be used by individuals and businesses to eliminate debt. Eligible debts such as credit cards and medical bills will be discharged. You can return collateral to discharge secured debts such as auto loans if you wish.
- Chapter 11 is typically used for businesses to restructure and repay their debts. Individuals over the limit for Chapter 13 can also file Chapter 11. It is best to get started as soon as possible with Chapter 11 because it is a lengthy process.
- Chapter 13 is also known as wage-earner’s reorganization. Under this chapter, your debts will be reorganized into a repayment plan of three to five years. After this period, remaining eligible debts will be discharged. Some people choose Chapter 13 to stop home foreclosure.
Speak With One Of Our Attorneys Today
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.