Description: Your debt relief pros! Our attorneys navigate Chapter 7, 11, and 13 bankruptcy in Norfolk, VA. Federally designated for your peace of mind.
The Financial Freedom Firm Need advice now? Your first consultation is free! Schedule My Consultation Due to concerns over the spread of the Coronavirus, our firm is temporarily offering telephonic consultations. Call (757) 622-1621 to schedule yours. Save at least $4,000! Don’t file chapter 13 unnecessarily without first seeing if Chapter 7 is right for you. Call today to schedule a free consultation. We Help People Seek Relief from Debt Under Chapter 7 Bankruptcy in Norfolk, VA and the Surrounding Areas A
Liquidation under Chapter 7 Bankruptcy is the simplest and most common form of consumer bankruptcy. When you file a Chapter 7, you can expect to eliminate most of your debts for a fresh start and stop wage garnishments, foreclosure actions, car repossessions and other stressful debt collection activities by your creditors. You will be entitled to protect certain assets from your bankruptcy estate, but if your assets exceed your allowable exemptions, the trustee appointed to your case might be required to
When you file a Chapter 13 bankruptcy, you and your attorney submit a plan to repay your debts over a three to five-year period. The amount of your payment is dependent upon a number of factors enumerated in the Bankruptcy Code, including your income and living expenses. At the end of the three to five-year period, most remaining unsecured debts will typically be discharged. Chapter 13 is often the right choice for debtors who did not qualify for Chapter 7 due to the means test, or those who want to b