The Law Office of
Brad Hawley, LLC
This is often referred to as a "straight bankruptcy" and is often what is thought of when people think of bankruptcy. When a Chapter 7 bankruptcy is obtained, you are given a fresh start and generally all of your debts are wiped out. The idea is your assets are liquidated in order to pay off your debts. With an experienced bankruptcy attorney, your house and other important assets can be protected.
Instead of liquidating your assets to pay off your debts, Chapter 13 provides an opportunity to reorganize your debts into one payment that is more manageable, which is paid over the course of 3 to 5 years. Chapter 13 provides an opportunity to get caught up on mortgage payments, car payments, back taxes, and even back child support payments. You can also pay off debt owed to credit cards, pay day loans, medical bills, and other unsecured debt ... sometimes just pennies on the dollar.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and and set up a consultation to discuss your specific legal issue. Contacting us does not create an attorney-client relationship. We will not review any materials prior to entering into an attorney-client relationship.
No representation is made that the quality of the legal services to be performed is greater than the quality of legal service performed by other lawyers. We are a debt relief agency. We help people file bankruptcy relief under the bankruptcy code.
Copyright 2015 by The Law Office of Brad Hawley, LLC. All rights reserved.