If you are facing hard times economically, and think you are alone, you are not. Many people feel ashamed about the reality of facing bankruptcy because of the way they have been raised. You should not be embarrassed! Bankruptcy is not personal failure; many times it is an unfortunate result of job loss, health problems, or divorce. Bankruptcy is a tool, for those who need such a relief, to create a fresh start.
Winsor Law Group, PLC will treat you with the attention, respect, and consideration you deserve. The Attorneys at Winsor Law Group, PLC will explain your options, in a language you can understand, answer your questions, and help you pick the best path to financial freedom and less stress. Our attorneys will help you understand your options, guide you through the bankruptcy process, file necessary bankruptcy notices, negotiate with creditors, and determine the best way for you to hold onto your assets. An Arizona individual has a couple different options when deciding to file, including:
Chapter 7 Bankruptcy – Debt Liquidation
A Chapter 7 bankruptcy can give you a financial fresh start. Some of your assets will be liquidated (sold) to pay debts, but most of your personal possessions will not be lost. This type of bankruptcy is available to individuals who pass a “means test”, which makes sure you make less than the median income for your state. A Chapter 7 bankruptcy can quickly wipe the slate clean of any dis-chargeable debts that have been incurred. You may be able to keep your house, your car, and a great deal of your personal property. Only after a frank discussion with an experienced bankruptcy lawyer can you discover whether a Chapter 7 bankruptcy is best for you.
Chapter 13 Bankruptcy – Reorganization or Wage Earner Plan
If you opt to file a Chapter 13 bankruptcy, also known as the wage-earner plan, you agree to pay your creditors under a payment plan that lasts approximately 3 to 5 years. With a Chapter 13 bankruptcy, you can often negotiate lower payments, lower interest rates, and reduced principal amounts. All payments are made under the supervision of the bankruptcy court.
Our bankruptcy attorneys can help you:
- File for Arizona bankruptcy
- Avoid Arizona home and property foreclosure
- Deal with debt collectors and judgments
- Help you understand all of the complex bankruptcy laws
- Deal with possible wage garnishment and credit card debt
Other Debtor / Creditor Issues
Along with our bankruptcy practice, we also handle other types of debtor/creditor issues. Sometimes creditors use illegal collections techniques. For example, they cannot call you in the middle of the night. They also cannot bother you at work if you tell them to stop calling you there. Even if you are not ready for a bankruptcy, our attorneys can help you deal with unscrupulous credit agencies.
We are a Debt Relief Agency.
We help people file for relief under the Bankruptcy Code
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