Bankruptcy and Debt Relief

Deciding to file for bankruptcy is a big step.  Careful consideration should go into the process including speaking to a knowledgeable professional about the different options available to you.  At Datsopoulos, MacDonald & Lind, P.C. we have extensive experience in bankruptcy law and have assisted countless clients in resolving their debts and achieving financial freedom.

There are various types of bankruptcy filings available to individuals having trouble paying their debts.  Bankruptcy protection can be obtained by individuals and businesses who find themselves unable to pay their bills due to unforeseen circumstances.  For individuals, such unforeseen circumstances often include the loss of a job, a divorce, or unexpected medical bills.  For businesses, a downturn in the economy or involvement in unexpected litigation can often lead to bankruptcy.  Determining what type of bankruptcy is most appropriate depends upon the type and amounts of debt.

 When you have a steady income but find your debts are more than you can pay every month and you find that you are at risk of losing your home, your vehicle, or are being threatened by creditors, then a Chapter 13 bankruptcy may be the right choice for you.  A Chapter 13 filing may allow you stop a home foreclosure, auto repossession, wage garnishment, and allow you to consolidate your debt into a payment that you can afford.  In most cases, filing Chapter 13 bankruptcy will allow you to consolidate most forms of debt, including, but not limited to, credit card debt, department store debt, student loans, medical bills, past due property taxes, personal lines of credit, and more.

 Part of analyzing whether bankruptcy is the best option and which type of bankruptcy best fits the situation involves conducting a complete review of our client’s financial circumstances.  Once our dedicated and experienced attorneys understand the types and amounts of debt, we are able to offer informed and knowledgeable advice about the best path forward to achieve relief from burdensome debt.  Contact Datsopoulos, MacDonald & Lind, P.C. today to determine what options may be available to you.