Frequently Asked Questions
Bankruptcy
Will I be able to keep my home/car?
You can usually keep your home and most clients can also keep their cars depending on equity. During an initial consultation, the attorney will be able to answer this specifically for your situation.
Do you accept payments?
Yes, we accept payments. Once you are on retainer with us you determine how much you can pay each month. Once your fees and costs are paid in full and you turn in the required paperwork, we can usually have you filed within 2-4 weeks.
How long will a bankruptcy take?
An average Chapter 7 bankruptcy will take about 3 to 3 1/2 months from filing to receipt of your discharge and a Chapter 12 or 13 usually takes 3 to 5 years from filing to receipt of your discharge.
How long will this affect my credit?
A Chater 7 bankrupty will remain on your credit report for 10 years but usually you can qualify for new credit at a decent interest rate after 2 years. A Chapter 13 will remain on your credit report for 7 years.
Will I have to go to court?
The short answer is yes. However, your obligation to appear in court will be minimal. A month or so after filing your bankruptcy petition, you will be required to attend a hearing called a First Meeting of Creditors. When you chose our firm, rest assured that your attorney will attend this meeting with you and be there for you every step of the way.
General
What options are there other than bankruptcy?
Bankruptcy isn’t always the best choice for people. Different people have different financial situations and sometimes there are better options for you. We can help negotiate with your creditors to get you the best deal on paying off your debts as well as other options tailored to your unique situation. Schedule a free consultation so we can help you determine what your next best step is.
Do I have to have my initial consultation in person?
No, although we recommend having your initial consultation in person to make the review of any documents easier, we offer consultations by phone as well. You can request a phone consultation to speak with an attorney without having to come into our office.
How will you protect my privacy?
Protecting your privacy is of the upmost importance to us. We take numerous precautions to ensure you can feel comfortable working with our office. Feel free to ask us about any concerns you may have.
Let’s Schedule Some Time to Talk
We know you have a unique situation and want to work with you to develop a solution that best fits your needs. We offer a free consultation to get to know you and ensure we would be the best fit to help you.