Bankruptcy Relief South Jersey Bankruptcy Attorney In today’s challenging economy, millions of Americans seek debt relief each year by filing for bankruptcy. Congress created the Bankruptcy Code as a safety net for honest, hardworking individuals who are facing an ever-growing mountain of debt. The Southern New Jersey bankruptcy lawyers at the Law Offices of Phillip F. Drinkwater will investigate your finances and recommend the best course of action based on your specific situation. Bankruptcy: It Can Happen to Anyone There are several chapters of the Bankruptcy Code that were designed to give individuals a fresh start, including: Chapter 7 is debt elimination. If you qualify, all or most of your unsecured debt — like credit card debt, medical bills and personal loans — will be discharged. Chapter 13 is a debt reorganization and repayment plan. Over the course of 3-5 years, a portion of your debt is repaid. When the repayment period is successfully completed, all of the remaining unsecured debt is eliminated. Chapter 11 is much more complex than any other chapter in the Bankruptcy Code and is used to continue to run your business while you reorganize business debts or liquidate your business and protect your personal assets. There used to be such a negative social perception of people who filed for bankruptcy — many people became afraid to seek bankruptcy relief. Because of the long-lasting economic troubles many Americans are currently facing, this perception has been greatly reduced. Don’t allow your fears to prevent you from contacting a lawyer at our offices to discuss your options, and get started toward a fresh financial future. Contact Our Firm If you have questions regarding bankruptcy relief, contact the Law Offices of Phillip F. Drinkwater III by calling 85-589-8901 or by completing the contact form on our website. We offer a free consultation to sort out your bankruptcy questions and provide evening appointments outside of our normal 9 a.m. to 5 p.m. office hours based on the needs of our clients. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Posted on: Wed, 05 Mar 2014 14:09:37 +0000
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