The Wirth Law Firm
Claremore Chapter 7 Bankruptcy Attorney
There are times when bills can start piling up out of control and the financial stress can be overwhelming. If you have mounting debt with no way of getting out of it, you may consider filing for bankruptcy. When considering filing for bankruptcy, it is wise to consult knowledgeable counsel so that you can be advised of what filing for bankruptcy entails. Furthermore, an attorney can help you determine what steps you need to take for a successful filing. If you are considering filing for bankruptcy in the Claremore, Oklahoma area, the Claremore Chapter 7 bankruptcy attorneys of the Wirth Law Office can help you proceed with your bankruptcy filing.
Filing for bankruptcy under the United States Bankruptcy Code gives a debtor a chance to either discharge existing unsecured debt or pay their debt in installments over time. There are several chapters of the bankruptcy under which a debtor may file bankruptcy. Most consumer debtors consider filing under either Chapter 7 of the bankruptcy code or Chapter 13 of the bankruptcy code. The attorneys of the Wirth Law Office can advise you on which type of bankruptcy filing is right for you.
What is the Purpose of Filing Chapter 7 Bankruptcy
The purpose of filing a Chapter 7 is to discharge your existing unsecured debts, and prevent you from losing you assets. It is designed to give a debtor who can no pay his or her debts a ‘fresh start.’ Although most unsecured debts are discharged under Chapter 7, there are some debts which cannot be discharged. These debts include: student loans, child support, most taxes, criminal fines, and DUI personal injury settlements. A Claremore Chapter 7 Bankruptcy attorney can help you understand which debts can and cannot be discharged and assess the benefits to you of filing for bankruptcy.
When filing for Chapter 7 Bankruptcy, a debtor may be subject to a ‘means test’ to determine whether or not he or she is able to pay his or her debts. This test may allow creditors to challenge a Chapter 7 filing. Furthermore, it is important to list all of your assets properly to protect them when filing a bankruptcy action. Therefore, it is important to consult counsel such as the Claremore Chapter 7 Bankruptcy attorneys of The Wirth Law Office when considering filing for bankruptcy.
What the Wirth Law Office Can Do For You
The Claremore Chapter 7 bankruptcy attorneys of the Wirth Law Office Can help you file for bankruptcy and discharge your debts successfully. They can help ensure that your Chapter 7 filing will withstand any creditor challenges. Furthermore, it is possible for the bankruptcy court to deny discharge of debts in a Chapter 7 filing. The Claremore Chapter 7 bankruptcy attorneys of The Wirth Law Office will make sure that your filing meets all requirements for the bankruptcy court to discharge your debt. In addition, the attorneys of the Wirth Law Office will make sure your assets are listed properly, and fight for you to keep your assets.
Contact the Wirth Law Firm for Your Free Consultation
If you are considering filing for Chapter 7 bankruptcy, it is important to consult a knowledgeable Claremore Chapter 7 bankruptcy attorney. Contact The Wirth Law Office at 918-213-0950 to schedule your free consultation.