Does it feel like your credit card debt will never come down? Are you struggling to pay back a loan? It's time to consider filing for bankruptcy. Simply mentioning the word "bankruptcy" can make anyone cringe, but bankruptcy is not bad, all things considered. If you decide to file for bankruptcy, you can finally have relief for your unsecured debts and start to live a happier, debt free life.
Most individuals move forward with Chapter 7 or Chapter 13 bankruptcy. Chapter 7 is a liquidation plan. It eliminates all of your unsecured debts, but requires you to sell some of your assets to pay them off. Chapter 13 is a repayment plan. You can keep all of your assets, but all of your debts are consolidated and are to be paid within 3 to 5 years.
Most individuals move forward with Chapter 7 or Chapter 13 bankruptcy. Chapter 7 is a liquidation plan. It eliminates all of your unsecured debts, but requires you to sell some of your assets to pay them off. Chapter 13 is a repayment plan. You can keep all of your assets, but all of your debts are consolidated and are to be paid within 3 to 5 years.
Services
The Bankruptcy laws offers people an opportunity to put aside their crushing debt load legally and get a fresh start. Unsecured debts, such as credit cards and medical bills, can be reduced or eliminated and secured debts can be restructured through the filing of a chapter 7 or chapter 13 bankruptcy with legal assistance from the Edge Law Office in Mobile, AL.
People from southwest Alabama find the debt relief help they need at the Edge Law Office, Mobile, AL. Our highly experienced and knowledgeable Bankruptcy Attorney has a long track record of helping thousands of clients get past this personal roadblock. Individuals who may not be eligible for chapter 7 bankruptcy may chose to file a chapter 13 bankruptcy to obtain the relief they need.
Attorney Larry Edge has been practicing law for 17 years. He has worked as a partner at two large law firms in the past, but he recently decided to start his own smaller firm in order to provide his clients with more individualized attention. During his nearly two decades of litigation experience, Attorney Larry Edge has gained significant insight into the Alabama bankruptcy process.
Mr. Edge is a wonderful attorney to work with. He kept me updated on everything that happened in my case, and put my mind at ease. It was a big relief to find an attorney that responds quickly to phone calls and explains each option available to you. When I had to file for Chapter 13 in 2009 I went with a firm that did a lot of advertising.
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