Sometimes starting over is the best answer to resolving financial hardship. Bankruptcy is one option. There are two predominant types of bankruptcy. Chapter 13 is one type of reorganization bankruptcy that enables you to keep your property while repaying some of or all of your debts over 3 to 5 years. Chapter 7 is a form of liquidation bankruptcy that enables you to clear your debts, meaning you do not have to repay them, giving you the chance for a fresh start. In some cases, a Chapter 7 settlement will require nonexempt properties be sold in exchange to pay your creditors.
Before filing a bankruptcy claim, our experts will sit with you to assess your options and eligibility. We will also help you understand the implications of filing for bankruptcy so you know exactly what to expect throughout your case settlement and into the future.
Bankruptcy cases are filed in federal bankruptcy court, and that is why you must secure strong, experienced legal counsel to represent you before a judge. At Becker & Associates, we have the proven know-how to ensure your bankruptcy claim puts you on a path towards financial repair and a promising financial future.