Call Us Now For A Personalized Case Evaluation(205) 506-3354
Call Us Now For A Personalized Case Evaluation(205) 506-3354
Dealing with financial difficulties is stressful and overwhelming. Given the fact that our society relies so heavily on monetary stability, if you don’t have the resources to stay afloat, your whole way of life could be in jeopardy. In times like these, it is important to understand that you are not alone and that you have options.
With hundreds of thousands of Americans filing for bankruptcy per year, it is obvious that this financial strategy is an effective way to settle your debts. If you are thinking about filing for bankruptcy, it is important to do so the right way – which requires the guidance of a legal professional.
Working with a bankruptcy lawyer will provide you with the legal resources needed to evaluate your options and create a feasible plan of action. There are numerous ways to approach bankruptcy, and your legal counsel will play a major role in the successful resolution of your financial challenges.
Call Us Now For A Personalized Case Evaluation(205) 506-3354
There are three bankruptcy chapters that the majority of Americans utilize: Chapter 7, 11, and 13. Understanding what each chapter does will help you settle your debts practically and productively. Given that these affairs are settled in court, working with a bankruptcy court attorney will be critical to your financial and legal well-being.
At Clark Law Firm, we have helped countless individuals achieve financial independence. With years of experience in this field, we are pleased to offer clients residing in Bullitt County our proven legal services so that they can move forward without the burden of monetary stress.
As the most common form of bankruptcy, Chapter 7 allows individuals to discharge many of their debts via the liquidation of assets. Not all assets are required to be liquidated, however. A Chapter 7 bankruptcy lawyer will be instrumental in helping their client retain the assets they need most by ensuring that the right exemptions are made.
As the most complex type of bankruptcy, Chapter 11 is mainly used by companies that are seeking to reorganize their business debts into a more manageable structure so that they can continue to operate. Restructuring a business is complicated, which is why it is so important to work with a business bankruptcy attorney throughout the duration of the process. A Chapter 11 bankruptcy lawyer that understands these proceedings will be able to guide the company towards financial stability better than anybody else.
Also referred to as “the wage earner’s plan”, Chapter 13 allows individuals with a regular income to generate a plan to repay some or all of their debts. These payments are typically made in installments to creditors over the course of three to five years. A Chapter 13 bankruptcy lawyer that is cognizant of the intricacies surrounding this process will be vital to the successful completion of this type of bankruptcy.
Call Us Now For A Personalized Case Evaluation(205) 506-3354
A bankruptcy attorney will be your primary counsel when it comes to the completion of the bankruptcy process. Not only will they help you construct a legal plan based on your particular situation, but they will also work with you every step of the way to ensure that the proceedings go swiftly and smoothly.
The financial world is complex and constantly changing. Any legal misstep has the potential to cause devastating financial repercussions. At Clark Law firm, our expert legal guidance will enable you to make educated decisions about your state of affairs so that you can avoid unnecessary problems down the road.
From filing paperwork to interfacing with creditors on your behalf, an attorney will be invaluable to the success of your bankruptcy case.
Call Us Now For A Personalized Case Evaluation(205) 506-3354
Give us a call and let us put our years of experience to work for you!
Disclaimer: Because the firm assists consumers with filing for bankruptcy protection, the firm is considered a “debt relief agency” under federal law. The information on this website is for information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. These recoveries and testimonials are not an indication of future results. Every case is different, and each case must be evaluated on its own facts and circumstances as they apply to the law. The valuation of a case depends on the facts, the damages, the jurisdiction, the venue, the witnesses, the parties, and the testimony, among other factors. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.