Chapter 7 bankruptcy provides a vehicle for debtors to completely discharge most of their debts. Due to recent changes in the law, most debtors who exercise this remedy do not lose any of their property.

Once a Chapter 7 petition is filed, any collections actions by creditors are stayed. This includes any lawsuits that are pending for pre-petition debts as well as judgment enforcement proceedings (such as wage garnishment, bank account levies, etc.)

Upon discharge, Chapter 7 bankruptcy offers debtor a fresh start. Most debtors see immediate improvement to their credit upon filing.
Like millions of Americans, you may be behind on your mortgage payments. Whether or not foreclosure proceedings have been commenced against you, there are a number of options available to assist you in keeping your home. 

Most major banks are now required to review your mortgage to see if you qualify for a reduction in your interest rate, and extension of the term of your mortgage and even a reduction of the principal balance on your mortgage.

It is not necessary to retain the services of an attorney to qualify for these benefits. However, our firm has a great deal of experience in obtaining favorable results in modifying our clients mortgages. We will communicate with the bank so you don't have to.
Stop foreclosure proceedings, modify your mortgage or pay back your mortgage arrearages over a period of up to 60 months with a Chapter 13 bankruptcy filing. Chapter 13 will also protect you from unpaid credit card dept and unpaid medical bills. It offers protection from nearly every creditor while allowing you to keep all of your property including you home, your car and your business.

Chapter 13 bankruptcy protects debtors from collection efforts of pre-petition debts much like a Chapter 7 bankruptcy. Creditors must cease all collection activity upon the filing of a Chapter 13 bankruptcy. This includes stopping any foreclosure sale that may be pending as long as the petition is filed prior to the sale taking place.
Tax debts are not dischargable through bankruptcy. We can assist you with preparing unfiled tax returns, settling delinquent taxes and audit assistance. We have over 34 years of experience helping individuals and businesses with settle tax debts with the IRS. We do not fight with the IRS, we work with them to provide you with the best possible outcome for resolving your tax debts.
Also know as a "reorganization" bankruptcy, Chapter 11 allows businesses to continue operation while reorganizing their debts into a structured payment plan. This option gives businesses the opportunity to retain their assets while following through with their repayment plan. Chapter 11 can also be useful for individuals with a high net-worth or for large estates.