Our offices utilize up-to-date resources and technologies to provide a fulfilling experience for our clients. Our resources also present our clients with a unique edge in dealing with bankruptcy procedures.

Understanding Bankruptcy

Bankruptcy is a legal process to ensure the satisfaction of debt and the ability of entities to continue their livelihood. There are four main sides to any bankruptcy case: debtor(s), creditor(s), trustee, and the court. Each side adds an equivalent part to bring on a whole speedy process to the case. Click on the informative Understanding Bankruptcy graph below for an explanation of terms.

CREDITORS:

Definition

DEBTOR:

TRUSTEE:

THE COURT:

Types of Bankruptcies

Call us today about your options and whether Chapter 7 bankruptcy or Chapter 13 bankruptcy may help you get out of debt 877-529-5090.

Legally get out of debt

Stop home foreclosure
Stop wage garnishment
Stop bill collector harassment
Consolidate student loans
Protect co-signers
Eliminate credit card debt

The History of Bankruptcy Court

Bankruptcy is a legal procedure designed to help a debtor regain their financial independence. The Bankruptcy Court had its roots during the colonial ages. Back then, debtors who failed to repay their debt were jailed or executed. When the founding fathers of the United States designed the United States Constitution, they wanted to ensure individual civil liberty from claims raised by creditors in pursue of debt. Read more on the history of bankruptcy

Federal law allows debtors to erase their debts

Through the act of the United States Congress, every person can use bankruptcy to eliminate or reduce debt. Stop worrying about your monthly payments and start using the law to eliminate debts all together. Time is crucial. Remember, creditors are lobbying Washington, RIGHT NOW, to change the law in their favor. Grab your phone and call 877-529-5090 to see if you qualify. Call Now BEFORE YOUR CREDITORS' LOBBY LAW CHANGES!!! CLICK HERE to get started

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Is Chapter 13 Bankruptcy the Right Option for Me?

A Chapter 13 bankruptcy can stop mortgage foreclosure and other repossessions. Chapter 13 bankruptcy is often a good option for people who are facing short-term financial setbacks, such as a job loss or illness.

Are you Eligible to File Chapter 7 Bankruptcy?

Chapter 7 bankruptcy can erase your unsecured debts - if you qualify. In order to file for Chapter 7 bankruptcy protection, you will need to meet certain requirements laid out by the bankruptcy courts: Means test, credit counseling and debtor education.

Thinking About Filing Bankruptcy?

Filing bankruptcy may clear debt, prevent foreclosure and stop creditor harassment. If you are suffering under the weight of debt, need your debt eliminated or need additional time to repay your bills, bankruptcy may be a good debt-relief option for you.

Information disclosure:

Information provided on this site is not meant to substitute legal counsel by a licensed attorney. It is also recommended to any person thinking about bankruptcy to conduct an extensive research on their own. Legal Debt Solutions and The Habashy Law Firm are not assuming any liability resulting from wrong understanding and application of the information provided. Bankruptcy is a long and extensive legal procedure. Information provided is meant to be general, not specific, as every case is different due to different independent variables.

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