Bankruptcy
Regain Your Financial Freedom with Compassionate Legal Guidance.
Facing financial distress can be overwhelming, but you’re not alone. At Simply Blessed Law, we understand the challenges you face and are dedicated to helping you navigate through your bankruptcy options. Our experienced attorneys provide confidential consultations to explore the best path forward for your financial recovery.
What We Do
Chapter 7 Bankruptcy: Ideal for individuals who require relief from overwhelming debt. This chapter allows for the liquidation of non-exempt assets to pay off creditors and usually results in a quick discharge of eligible debts.
Chapter 13 Bankruptcy: Best suited for individuals with a regular income, allowing them to reorganize their debts. Under Chapter 13, debtors propose a repayment plan to make installments to creditors over three to five years.
Chapter 11 Bankruptcy: Often utilized by businesses and certain individuals who might benefit from reorganizing their debts. Chapter 11 facilitates a restructure of debts, allowing the business to remain operational while improving its financial stability.
Bankruptcy Law Services
How We Help
Personalized Consultations
We assess your financial situation in detail and suggest the most appropriate bankruptcy chapter
Comprehensive Representation
From filing paperwork to representing you at hearings, we handle all aspects of your bankruptcy process.
Debt Relief Solutions
Our goal is to help you achieve a fresh start, where you are free from the pressures of overwhelming debt.
Common Questions
Not necessarily. Bankruptcy laws allow for certain exemptions that protect parts of your property. We’ll guide you through what can be kept.
Bankruptcy will impact your credit score temporarily, but it also offers a path to rebuild your credit more sustainably.
While many debts, like credit card debt and medical bills, can be discharged, others such as student loans and certain taxes may not be. We’ll help you understand what applies to your situation.