Bankruptcy is a serious decision that should never be taken lightly or without proper guidance. It is a court-supervised process that gives you protection from your creditors right away. The moment you file, the court issues an automatic stay that stops all collection efforts. Creditors cannot call you or file lawsuits or garnish your wages anymore.

They also cannot move forward with foreclosure or repossession of your property. This protection gives you breathing room to figure out your next steps carefully. Bankruptcy can eliminate certain types of debt completely through a legal discharge. Once your debts are discharged, you are no longer required to pay them.

Chapter 7 bankruptcy involves selling nonexempt assets to pay back some creditors. This process typically takes a few months, and it can wipe out most unsecured debt. Chapter 13 bankruptcy creates a repayment plan that lasts three to five years. You make payments to a trustee who distributes the money to your creditors. Both options have different requirements and different outcomes for your situation.

Our bankruptcy consultation services help you decide which chapter is right for you. We provide bankruptcy legal education, so you understand every aspect of the process. We explain the paperwork, and we help you gather all the necessary documents. Our bankruptcy planning ensures you are fully prepared for what lies ahead. We review your income, assets, and your debts to give you honest advice.