Seattle chapter 7 bankruptcy attorney

Individuals can file bankruptcy without an attorney, which is called filing pro se. However, seeking the advice of a qualified attorney is strongly recommended because bankruptcy has long-term financial and legal outcomes. Debtor education course: after you file for bankruptcy, you will be required to attend a debtor education course. In jacksonville, a chapter 13 bankruptcy is most attractive to those with many assets because they may avoid having his or her property seized or liquidated. If a creditor is garnishing your wages, the filing of a chapter 7 bankruptcy or chapter 13 bankruptcy may stop the garnishment and you may even be able to have some of your improperly taken wages returned.

One of the main advantages of a chapter 13 bankruptcy over a chapter 7 is that you may be able to participate in mortgage modification mediation. This form of bankruptcy is designed for debtors with regular income who are able to pay back a portion of their debt to their creditors. Developed by a nonprofit in new york, upsolve is a kind of turbotax for bankruptcy, walking debtors through the process of gathering the necessary documentation and asking questions in plain language.

Lawyers are not going to do something unless they're sure they're not going to get in trouble for it,” he said. If you are looking to save your home and reduce your monthly mortgage payment, a chapter 13 bankruptcy by itself will bankruptcy attorney allow you to reach this goal. We understand you do not want to be in this position, but also know we may be able to help through negotiations with creditors, and protecting your assets.

You are required to pay for and attend a court-approved credit-counseling course before you file bankruptcy. A chapter 7 bankruptcy is designed to wipe out all of a person's unsecured debt, such as credit cards and medical bills. This initial bankruptcy process information should not be used as a substitute for sound legal advice and is only intended to provide you with some summary information to help know what to initially expect when you file bankruptcy.

Which chapter of bankruptcy you file largely depends on your income, debts, assets and financial goals. Failure to fully disclose your assets and debts may affect the outcome of your bankruptcy case and expose you to criminal prosecution. The attorneys in our creditors' rights and bankruptcy group are known for their vigorous and successful representation of businesses and individuals involved in foreclosures, workouts, collection actions and bankruptcies of all kinds.