Call for a Consultation With a Greensboro Credit Card Debt Attorney
Filing for bankruptcy protection can be stressful and difficult, but for many people it is a pathway to a better life and a more secure future. I see people every day who take themselves out of financial catastrophe and get a second chance at their lives. Contact me, a Greensboro bankruptcy lawyer, online
or call 336-274-0352 to schedule a free initial consultation to discuss your situation.
Helping You Get a New Financial Start
A Chapter 7 filing allows people who qualify to discharge most types of debt. You will not have a repayment plan and the process will, in general, take approximately four months from filing to discharge or case conclusion. We all make mistakes. Fortunately the federal Bankruptcy Code provides a remedy that can give you the fresh start you and your family need. As a Greensboro Chapter 7 bankruptcy attorney, I can help guide you through this process.
A Pathway to End Debt and Collections
Some people believe that if they file for bankruptcy
, they will automatically lose their car, their home, their retirement and all of their possessions. The reality is that in many situations you can work through Chapter 7 bankruptcy to discharge your debt while keeping many and possibly all of those possessions.
The 2005 changes to bankruptcy laws require filers to pass a means test to qualify for Chapter 7. Even if you do not pass this test, you may still have substantial debt relief options under Chapter 13
. The first step is to work with a North Carolina debt relief attorney
- Help you determine whether you are eligible for Chapter 7
- Work to immediately stop creditor harassment
and foreclosure, as well as other collections actions
- Fully review your financial situation and determine the best path
- Keep you involved in the process and informed of your options
- Take into consideration any tax implications
- Help you plan for rebuilding
your financial health
There is no magic threshold at which a lawyer can say you should or should not file for bankruptcy. Everyone has a different threshold based on different situations. However, it is important to know that you have a legally protected right to real options. If you are swamped by unsecured debt, credit card debt,
medical bills or overwhelming house payments, you need dependable legal advice from the law office of Mercedes O. Chut, P.A.
, I can help you move forward and get a fresh start.