Consumer Bankruptcy Chapter 7 and 13

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Skilled Danville Consumer Bankruptcy Lawyers

Medical expenses, a job loss or even costs incurred from a personal injury accident can quickly cause your financial situation to spiral out of control. If you are overwhelmed with debt, you may have been tempted to take out a loan or use your credit cards as a crutch. Unfortunately, these Band-Aid-type solutions could ultimately put you deeper in debt.

Carter Craig, Attorneys at Law, is committed to helping you break that cycle. For more than 50 years, our legal team has delivered highly skilled representation to individuals throughout Southside Virginia. We offer a compassionate approach with sound judgment to help our clients obtain a fresh start. Contact our law firm today to meet with an experienced Danville consumer bankruptcy attorney. Our bankruptcy attorneys serving clients in the counties of Pittsylvania, Halifax and Henry and the cities of Danville and Martinsville. During an initial consultation, we will help you determine if filing for Chapter 7 or Chapter 13 bankruptcy is right for you.

Chapter 7 Bankruptcy Attorneys In The Counties of Pittsylvania, Halifax and Henry, and The Cities of Danville and Martinsville

If you are overwhelmed with unmanageable levels of unsecured debt, Chapter 7 consumer bankruptcy might be the right solution. Chapter 7 bankruptcy, known as asset liquidation, is designed to help consumers gain a fresh start through eliminating individuals' unsecured debts, including credit card bills and medical expenses.

To qualify, individuals must pass a means test, which measures individuals' income level to their debt ratio. Chapter 7 bankruptcy will force creditors to stop calling you and will temporarily put an end to repossessions and foreclosure proceedings. Once you obtain debt relief through consumer bankruptcy, you will gain a fresh start and can start rebuilding your credit.

Pursuing Debt Relief Through Chapter 13 Bankruptcy

Chapter 13 bankruptcy is a valuable option for individuals and families with a steady income, yet buried with unmanageable levels of debt. If you have a significant amount of assets you would like to maintain, we will help you determine if Chapter 13 bankruptcy is the right solution for you.

Families and individuals who qualify for debt relief through Chapter 13 can pay back some of their debts gradually based on a repayment plan. When you select our law firm, our legal team will help you develop a realistic repayment plan that will be approved by a bankruptcy court judge. After three to five years, any remaining debts will be eliminated. We will guide you through the legal process to help secure your legal rights.

Contact Our Experienced Bankruptcy Attorneys Today

If you are consumed with debt, gaining a fresh start is not out of reach. Contact our law firm today to schedule a consultation with a highly skilled Danville consumer bankruptcy lawyer. We will help you determine if Chapter 7 or Chapter 13 bankruptcy is the right solution for you.

We are a debt relief agency. We help individuals file for bankruptcy relief under the Bankruptcy Code.