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Get a Fresh Start With the Help of a Bankruptcy Attorney; Call Now if You’re Near Charleston, WV or the Surrounding Areas
If you are struggling with debt and feeling powerless, an experienced bankruptcy attorney at Walters Law Firm, PLLC can assist you. You’ll work directly with a bankruptcy lawyer to assess your debt problems and explore potential solutions. If we determine that filing bankruptcy is the appropriate action for your situation, we’ll assist you throughout the filing process and represent you in any hearings that may be necessary to improve your chances of getting a discharge. Attorney Walters offers guidance and representation in bankruptcy and debt collection cases. We are based in Charleston, WV and across all of southern West Virginia, including:
- Putnam County
- Lincoln County
- Boone County
- Wayne County
- Logan County
- Mingo County
- Fayette County
Anyone can experience unexpected financial troubles and end up falling behind on their payments. Being in debt is nothing to be ashamed of, but you should take action to get yourself on the path to financial recovery. Bankruptcy is a legal avenue that allows people to handle their debts under the protection of the court, which often results in debts being discharged or greatly reduced. It provides a “fresh start” for individuals and businesses who have fallen behind.
Work With an Experienced Bankruptcy Lawyer and Find the Right Solution to Get Your Financial Health Back on Track
Chapter 7 Bankruptcy: Chapter 7 allows you to discharge most of your debts for an immediate fresh start. It may require you to liquidate some of your assets in order to repay creditors for some of your debt. Debtors are allowed to claim exemptions for essential property that they want to keep, although these exempt assets must fall under certain maximum values. You have to take a “means test” to qualify for Chapter 7, which means your income must fall under a certain maximum threshold.
Chapter 13 Bankruptcy: Chapter 13 allows debtors who have a reliable income to create and propose a repayment plan to their creditors. These plans typically last 3-5 years and during this time, the debtor makes a single monthly payment to their bankruptcy trustee, who disburses the money amongst their creditors. Remaining unsecured debt at the end of the payment plan is typically discharged. This option guarantees that the debtor won’t lose any of their assets through liquidation.
Chapter 11 Bankruptcy: Chapter 11 is usually reserved for corporations and partnerships. It is a supervised reorganization which allows the business to continue operations while implementing a repayment plan.
A qualified bankruptcy attorney at our firm can help you understand your situation and which type of bankruptcy filing makes sense for you. We can also help you gather all the financial documents needed to file and handle the paperwork for you so that you avoid mistakes that may result in denial.
Work with a Qualified Bankruptcy Law Firm Today
Don’t wait for your debt issues to get worse; contact Walters Law Firm, PLLC today. We’ll guide you on the path to a fresh start. You can start with a free initial consultation by calling (304) 391-8002 or filling out our online contact form. We’re looking forward to meeting you and helping you get back on track financially.
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The information contained on this website is presented for informational and marketing purposes only and is not to be understood as legal advice. You should consult an attorney for advice respecting your individual needs. Walters Law Firm, PLLC looks forward to speaking with you about your particular needs. Please note, however, that the mere act of contacting our firm does not create an attorney-client relationship. As a result, you should never send any confidential information to our office until a Representation Agreement has been signed by both you and Walters Law Firm, PLLC.