Debt Relief in Marietta Through Bankruptcy
Millions of Americans are suffering with financial troubles, many of which are a direct result of the recent economic downturn. If you are currently experiencing financial difficulties, please take comfort in the fact that you are not alone. Everywhere you turn someone you know has been laid off or they are struggling with an underwater mortgage, or perhaps they’ve been involved in an accident and are drowning in medical bills or suffering from a divorce. No matter what led to your particular situation, we are confident that we can help you find the most practical solution for the matter at hand.
Both Chapter 7 and Chapter 13 bankruptcies have their uses, and both can be extremely powerful when it comes to fighting foreclosures and putting a stop to creditor harassment. By meeting with me in a one-on-one consultation, you can gain a well-rounded understanding of bankruptcy, as well as the benefits of bankruptcy, and your applicable bankruptcy exemptions. While bankruptcy is a powerful tool for discharging certain debts, I understand that not everyone who visits this site is interested in filing for bankruptcy but is searching for another solution.
As a seasoned Marietta GA bankruptcy lawyer, I respect your position and all I want to do is provide you with the information you need to make the best decision that will be the most favorable considering your individual circumstances. If bankruptcy is not an option, whether it is for personal reasons or practical reasons, then I am more than willing to entertain alternative debt relief options which may include something such as debt negotiation or alternatively debt settlement. A lot of times creditors won’t negotiate with the debtor; however, once the debtor has an attorney on the line, their attitudes tend to change very quickly.
Life After Bankruptcy
While bankruptcy does remain on your credit for a number of years, it’s important to understand that right now a lot of people have foreclosures, repossessions and charge offs on their credit. To a potential lender, they are more interested in seeing if you have “rebuilt” your credit after bankruptcy than anything else. Therefore, as a debtor who files for bankruptcy, it is extremely important to focus on rebuilding your credit after a bankruptcy discharge.
The good news is, contrary to popular belief this is entirely possible, and I cannot stress this enough. If fear of ruined credit is holding you back from taking the plunge, don’t let that concern stop you because you can reestablish your credit if you work at it, I’ve seen my clients do so on countless occasions. If you have questions about how to rebuild your credit within two to three years following a bankruptcy discharge, I am here to answer your questions and explain what you need to do to accomplish this critical step.
Thousands of Bankruptcy Cases Handled Since 2006
Since 2006, I have represented thousands of clients in their Chapter 7 and Chapter 13 bankruptcy cases. I find this vast amount of knowledge and experience enables me to quickly draw a conclusion when I review a potential client’s situation. Within our first initial meeting I can usually ascertain exactly what steps my client should take in order to resolve their situation once and for all. Once a client gains this knowledge and knows what they need to do next, they can experience a great sense of relief because they are able to gain a much needed sense of control over their situation. If you are feeling confused and overwhelmed about your finances, I would be happy to set you on the right track and guide you ever step of the way.
There are clear differences between Chapter 7 and Chapter 13 bankruptcies. The Chapter 7 bankruptcy tends to be the bankruptcy of choice since it allows debtors to discharge or “wipe out” certain unsecured debts such as credit card debt, personal loans, medical bills and old taxes. However, not everyone qualifies for a Chapter 7 bankruptcy. Those who have a regular and sizable source of income coming in every month often times have no choice but to file a Chapter 13 bankruptcy. With a Chapter 13 bankruptcy, the debtor pays off all or merely a portion of their debts over a 3 to 5 time period. In order to determine which Chapter you qualify for, you will need to take the bankruptcy means test, and I can help you with this.
Whether you are contemplating filing for bankruptcy or are ready to take the first step towards financial freedom, I urge you to contact my office to schedule your free initial consultation with me, attorney Matt Cherney; I look forward to hearing from you and finding the answer you’ve been searching for!