The decision whether or not to file for bankruptcy protection is immensely personal. The truth is that bankruptcy is the right choice for many in these challenging economic times – but not everybody. As such, it is important to personally meet with a competent bankruptcy attorney who can help review the specific facts of your case and help tailor a plan that meets your goals and needs.

Before you meet with your attorney, it helps to understand some of the basics regarding bankruptcy. First, there are a number of different types, or “Chapters” of bankruptcy, such as Chapter 7, Chapter 11, and Chapter 13. Each Chapter serves a different purpose, and each has its own qualification requirements. However, the general purpose of each Chapter is to provide you with help and relief. For instance, bankruptcy may make it possible to:

  • Eliminate of the legal obligation to pay most, if not all of your debts;
  • It can help stop foreclosure on your home or stop the repossession of your car and allow you an opportunity to catch up on missed payments; and
  • It can stop wage garnishment, debt collection harassment, and similar creditor actions.

To say that the bankruptcy process can be a little overwhelming to most is to put it mildly.  As such, the only way to find out if bankruptcy is right for you is to schedule a free confidential consultation to review your options with one of our knowledgeable bankruptcy attorneys.

Contact bankruptcy attorney Joel E. Sannes today at (480) 461-5307 to schedule your initial consultation.