At Michael D. Schuman & Associates, LLC you’ll meet with an attorney to discuss your financial problems and learn how either Chapter 7 or Chapter 13 bankruptcy may help. We’ll discuss all your options; bankruptcy and non-bankruptcy will be considered.
We will help you to make a good, informed decision and disclose and explain all costs and fees up front. No one likes surprises!
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is available to clients that qualify to provide relief from most bills, and allows you to begin with a fresh start! The main idea is to get relief from your bills, while keeping assets that are necessary for a fresh financial start.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is for those who qualify. It is a wage earner plan which requires a stream of on-going income to pay off debt through compromise. It can help to save your home from foreclosure or your automobile from being repossessed.
The attorneys at Michael D. Schuman & Associates, LLC will explain the differences in greater detail during your free initial consultation.