Depending on the needs of your family or your business, our attorneys will identify the type of bankruptcy that will help you the most. Factors like your ability to keep making payments toward your debt and what assets you have will influence what type of bankruptcy is likely to be best for you. You have more options than you might think. In some cases, we are even able to help our clients avoid bankruptcy by negotiating directly with their creditors, especially when hospital care or a credit card is a major source of debt.

If filing for bankruptcy is the right solution for you, you still have options. Liquidation bankruptcy, legally called Chapter 7 bankruptcy for individuals and businesses, may work best if you have fairly limited assets and much of what you own is exempt from liquidation. Restructuring bankruptcy, or Chapter 13 bankruptcy, can create a repayment plan that lasts only 3-5 years before all further debt is waived.