Are you struggling to pay your bills?
Financial relief is available & you have options.
Bankruptcy is one way to protect yourself from foreclosure, repossession, wage garnishment and never-ending collection calls. Other options are available too. As a bankruptcy attorney, I can help you take control and get out of debt.
Several types of bankruptcy are available depending on your income, debt and financial goals. I provide assistance before, during and after personal bankruptcy filings. Here are a few options to compare:
- Chapter 7 bankruptcy can free you from the burden of unsecured debts, including credit card balances, personal loans and medical bills. Repayment is not required, but some of your nonessential assets could be liquidated to repay your creditors.
- With Chapter 13 bankruptcy, you avoid foreclosure and can keep your home if you make gradual catch-up payments over the next three years. You can do the same thing to keep a financed vehicle. Your repayment plan covers unsecured and secured debts.
- Chapter 11 bankruptcy is an alternative for individuals and entrepreneurs with secured or unsecured debt that exceeds the Chapter 13 ceiling.
Non-bankruptcy debt relief
There are a number of ways to get out of debt without filing for bankruptcy. These alternatives include debt consolidation, structured repayment plans and debt settlement. Usually, you must pay back some or all of your balances, often at a lower interest rate. The impact is less severe compared to bankruptcy, and recovery is faster.
Regardless of which option you choose, you should be comfortable with your decision. If you are considering bankruptcy, contact my office in Oklahoma City. I advise clients on a variety of financial issues and handle each case personally. Call 405-216-0007 to schedule a free consultation.
I am Gary Hammond and I am passionate about bankruptcy.
I am also passionate about helping my clients resolve their money problems and achieve their financial freedom. Whether a client is facing foreclosure, his or her wages are about to be garnished or any other type of financial situation, I always enjoy being able to work with my clients to determine what is the best course of action.
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