KESSELMAN LAW FIRM
Bankruptcy
Deciding to file for bankruptcy is a big step. Careful consideration should go into this process, including speaking to a knowledgeable professional about your options.
Once you have decided to file for bankruptcy protection, you should not feel bad about that decision, but rather look at it as a chance for a fresh start or as your legal right to obtain relief from a diffult and often unexpected situation.
Bankruptcy is a legal process in a federal bankruptcy court that relieves individuals of some or all of their consumer debt. Generally, a government appointed trustee assesses the debtor’s assets and liabilities and determines which of the assets or property the debtor is allowed to retain and which, if any, must be liquidated in ordered to pay as many qualifying debts as possible. Residual debts are discharged, with the exception of certain types, such as domestic support orders, most tax debt, and debt obtained by fraud. The goal of bankruptcy law is to provide qualified individuals and businesses with a fresh start to become productive and financially independent.
Filing a bankruptcy petition will stop any pending foreclosure, garnishment, repossession or bank levy. Call now to see if you qualify file for bankruptcy.
To meet and discuss your bankruptcy options, please contact us today. We are flexible with your schedule and we will make sure you get an honest response to your situation and expereinced representation in any bankruptcy court proceedings.