Bankruptcy Law

Stop the worry

During these difficult financial times, thousands of Americans, just like you, are facing the possibility of filing for bankruptcy to get out of debt and reclaim their lives.  Filing for bankruptcy can give you a financial fresh start, free from uncontrollable debt, angry creditors, and stress.  It will stop foreclosure or repossession.  It can help you keep your home and your vehicle.  The attorneys of Harrod & Harrod provide our clients with all the information they need to make well-informed decisions about their financial situation.  They will stop your worry and make you and your family feel safe and secure again.  After your debts are discharged in bankruptcy, you can begin saving money and rebuilding your credit.

There are two types of bankruptcy procedures that may be available to you: Chapter 7 or Chapter 13.

Chapter 7 bankruptcy

Chapter 7 seeks to gives you a clean slate by eliminating unsecured debt, including—

  • Credit cards
  • Medical bills
  • Payday loans
  • Utility bills
  • Some personal loans

Click here to read more about Chapter 7 bankruptcy.

Chapter 13 bankruptcy

Chapter 13 bankruptcy is designed to help those who need additional time to repay bills.  It works with the courts to consolidate, prioritize, and in some cases reduce debts by allowing you to make one monthly payment to your court-appointed trustee.  The trustee pays all of your creditors, giving you the breathing room and protection that allow you to eliminate your debt.

Chapter 13 bankruptcy may be a good option for you if:

  • You have debt as result of a temporary financial setback, such as a job loss, injury, or illness
  • You own property such as houses, land, cars, and professional equipment that you want to protect
  • You have steady, regular income with which to make payments to the trustee

Click here to read more about Chapter 13 bankruptcy.

Frequently asked questions (FAQs)

Compassion and understanding are a must

When you are considering bankruptcy, you can benefit from working with a bankruptcy lawyer with compassion, ability to listen, an understanding of your personal needs, and, of course, experience.  The attorneys of Harrod & Harrod review your personal and business situation and help you determine which process is best for you given your specific circumstances.

Get your peace of mind and call Harrod & Harrod today

If you are considering filing for bankruptcy, call the experienced and compassionate attorneys of Harrod & Harrod at 866-557-3093 or contact us online.