Are you buried by excessive debt? Tired of nonstop calls from collection agencies, past due notices and collection demands? We can help you resolve this stressful and difficult situation. You deserve a fresh start!
Bankruptcy laws allow you to start over by reducing or eliminating your debts. You may have more options than you think.
Here at jdlaw.net we can help you relieve debt-related pressure. Attorney James E. Dickmeyer offers his experience of more than three decades of helping clients to get out of debt. Take advantage of our 30 Minute Consultation now to explore what options you have for debt relief.
In three decades of experience we have helped thousands of individuals and families obtain a fresh start and financial health under all chapters of the federal bankruptcy laws.
Chapter 7 is the most common bankruptcy for individuals. You will receive a discharge that provides a “fresh start” from most debts. Most people are allowed to exempt and retain their home, cars and personal property.
Chapter 13 is a payment plan for individuals with regular income to pay some or all their debts over time. Chapter 13 is a debt consolidation in which you make payments to a trustee, who in turn distributes your payments to your creditors according to the terms of a court-approved plan.
Chapter 13 allows you to keep valuable property which might otherwise be lost to foreclosure or repossession and permits some debts – such as automobile loans and mortgages – to be adjusted to fit your budget.
Chapter 11 is a reorganization by businesses and individuals with significant assets or debts. You maintain control of the day-to-day operations of the business or your assets and work to develop and gain court approval of a plan to restructure and pay your debts.
Bankruptcy is a complicated area of the law and these descriptions are intended as only a general overview. Whether you are eligible or suited for any bankruptcy option depends on your specific circumstances. Our experience will help you determine the best course for you.