CHAPTER 7 BANKRUPTCY

This is often called a "simple bankruptcy" - there are no payment plans or negotiations. You are simply released from all debts (with the exception of certain priority debts, e.g. income tax debt and student loan debt). You are only allowed to file one Chapter 7 case every eight years. There are certain income limits that you must meet based on your household, and you are only allowed to have certain exempt assets. If you have secured debts (a car loan or house loan), you can elect to keep those debts through the case (and keep the property) or surrender the debts (and give up the property but discharge the debt).  

CHAPTER 13 BANKRUPTCY

Chapter 13 Bankruptcies are payment plans based upon your wages or other income. This may be very useful if you need time to earn money to catch up on debts like your mortgage loan, so that you can prevent foreclosure or repossession of your property. You may also need to look at a Chapter 13 Bankruptcy if your income is too high for a standard bankruptcy, if you have too many assets that are not-exempt, or if you have already filed a Chapter 7 Bankruptcy within the last eight years.    

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

bANKRUPTCY

DEBT NEGOTIATION

FORECLOSURES/REPO'S

cRIMINAL lAW

dui caseS

drug cases

DIVORCE

cUSTODY/Parenting Time

cHILD sUPPORT/aLIMONY

DRIVER'S LICENSE 

fIREARM lAW

rEAL eSTATE LAW

eSTATE pLANNING

PROBATE LAW

WILLS AND TRUSTS

bUSINESS foRMATION

Landlord/Tenant

evictions

eXPUNGEMENTS

PERSONAL INJURY

gENERAL cIVIL pRACTICE

CHAPTER 13 BANKRUPTCY

Chapter 13 Bankruptcies are payment plans based upon your wages or other income. This may be very useful if you need time to earn money to catch up on debts like your mortgage loan, so that you can prevent foreclosure or repossession of your property. You may also need to look at a Chapter 13 Bankruptcy if your income is too high for a standard bankruptcy, if you have too many assets that are not-exempt, or if you have already filed a Chapter 7 Bankruptcy within the last eight years.    

Dealing with Garnishments

If your paycheck or your bank account is being garnished, it is important that you contact us immediately to discuss your options. A bankruptcy filing will immediately stop any garnishments, and additionally, it is possible to recover funds that have been garnished in the past 90 days.  

Dealing with Garnishments

If your paycheck or your bank account is being garnished, it is important that you contact us immediately to discuss your options. A bankruptcy filing will immediately stop any garnishments, and additionally, it is possible to recover funds that have been garnished in the past 90 days.  

DOCUMENTS TO BRING WITH YOU

The following is a list of useful documents you are likely to need. It is not required that you bring documents to the first meeting. We are simply providing this list as a useful tool to guide you:

  • 6 Months of Pay Stubs or Proof of Income (or proof of your Social Security amount or Pension)

  • Last Two Years of Income Tax Returns (Federal, State, and City)

  • Property Tax Statement for any Land or Home you Own (showing SEV of your property)

  • Bank Statements for last 4 Months 

  • Copies of titles to any automobiles (or boats, campers, motorcycles, etc.)

  • Copy of your residential lease

  • Balance statement for your mortgage and car loans (showing amount due)

  • Statements for any retirement accounts (401K's, IRAs, 403B's, etc.)

  • Copies of bills that you want to make sure are included in your bankruptcy (we do pull a full credit report to ensure that all of your debts are listed on your bankruptcy papers, but we also encourage you to bring bills as well to make sure that we get any that may not appear on your credit reports)

Prior to filing the case, you will also need to take a Credit Counseling Class which can be found at: 

www.summitfe.org

You will need to take the "Pre-Filing Course" offered.