Call Us Now For A Personalized Case Evaluation(205) 506-3354
Call Us Now For A Personalized Case Evaluation(205) 506-3354
Dealing with monetary difficulties can be overwhelming and stressful. Oftentimes, it can feel as though there are no options available, making it hard to know where to get started planning a way out. Fortunately, with the guidance of a professional, you will have access to the tools necessary to get yourself out of that financial rut and move towards a hopeful future.
Bankruptcy is an option that millions of Americans have taken to provide themselves with a clean financial slate. While this prospect doesn’t fit into everybody’s situation, it is a powerful financial tool that can yield real results.
The best way to know whether or not you should pursue bankruptcy is to speak with a qualified attorney about your set of circumstances. This will allow you to get a better idea of the nature of your position and gain significant insight into how to best handle it.
At Clark Law Firm, we have helped countless clients effectively resolve their financial challenges. Whatever your situation may be, our firm will do everything possible to help you find effective and sustainable solutions for the issues you are facing.
Accumulating excessive debt is never intentional. When you do find yourself there, bankruptcy can feel like the absolute last resort. While this is true in some instances, being proactive and pursuing bankruptcy sooner rather than later can be beneficial in the long run.
Bankruptcy can certainly provide you with financial relief. From establishing payment plans to debt forgiveness, this financial strategy can offer you a way out of your debt. However, it can significantly affect your credit score, making it difficult to get loans or engage with other financial institutions.
With this in mind, it is critical that you speak with a lawyer that understands these matters so that you can weigh your options and make the right decision for you.
Call Us Now For A Personalized Case Evaluation(205) 506-3354
There are several different types of bankruptcy one can pursue. The most common bankruptcies are Chapter 7, Chapter 11, and Chapter 13 Bankruptcy. Some bankruptcies work better for specific situations, that’s why understanding how each one functions will provide you with the best results.
As the most common form of bankruptcy, Chapter 7 allows the debtor to liquidate their assets in order to pay back the creditor. This can clear away unsecured debts such as credit card debt, personal loans, and medical bills while allowing the debtor to retain their essential assets.
To find out if this is the best course of action for you, it is essential that you speak with a Chapter 7 Bankruptcy lawyer about your particular situation.
Chapter 11 Bankruptcy is primarily used by businesses that are looking to reorganize their debts, business affairs, and assets. With the help of a business bankruptcy attorney, the company is able to avoid shutting down its operations for good.
If you are considering bankruptcy for your business, a Chapter 11 Bankruptcy lawyer will play an important role in helping your enterprise achieve financial stability.
Also known as an “income-driven bankruptcy”, Chapter 13 allows individuals to repay their debts over a period of 3-5 years. This option is generally for debtors who have higher incomes and don’t qualify for Chapter 7.
If this sounds like a viable option for you, a Chapter 13 Bankruptcy lawyer will help you evaluate your situation and help you pursue the financial relief you are looking for.
Call Us Now For A Personalized Case Evaluation(205) 506-3354
Finding a bankruptcy court attorney that works best for your case can be difficult. Clark Law Firm aims to make this decision easier by demonstrating our commitment to your welfare and financial future. With years of experience helping clients, Attorney John Clark will give you the personal time and attention you need to effectively solve your financial problems no matter what.
If you are seeking a bankruptcy lawyer in Oldham County, Clark Law Firm is here to help. To get started with an initial consultation, please do not hesitate to contact our firm at your convenience.
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.