Bankruptcy

Bankruptcy — How You Can Benefit

Our West Columbia Lawyers Help You Seek Relief

Many individuals suffer on a daily basis due to financial difficulties. Effects of the economy, job loss, and many other factors can contribute to this struggle. If you are suffering in this way, then it is important to understand that you have options. You may greatly benefit from the legal assistance of our firm. At Hall & Hall Attorneys at Law, we provide skillful representation to help you achieve your goals and pave the way for a brighter future.

Want to discuss your case with our West Columbia bankruptcy attorneys?
Schedule your consultation today by calling (800) 809-5136.

Facing foreclosure? Let us defend your case!

Many people suffer from an upside down mortgage. When you owe more on your home than it is worth at fair market value, then you are said to be upside down on your mortgage. At this point, banks and other lenders can become highly demanding. If you are unable to meet their expectations, then you could be threatened with foreclosure. Our firm understands the severity of this situation, and we offer skillful foreclosure defense representation.

Types of Bankruptcy

Depending on whether you are filing as an individual or as a business, there are multiple chapters of bankruptcy you can file, including but not limited to:

  • Chapter 13
  • Chapter 11
  • Chapter 7

Chapter 13 bankruptcy is an option available to individuals who wish to continue paying their debts for a specific period of time and not have their assets taken away. This option may allow you to keep your home and pay debts with your disposable income for a period of three to five years, or until your debts are paid. At the conclusion of these five years, all of your unsecured debts will be discharged. This is the option chosen most frequently by individuals who wish to keep their homes and other assets through the bankruptcy process.

Reorganization under Chapter 11 of the United States Bankruptcy Code deals with the rehabilitation of financially troubled debtors, which can include corporations, partnerships, individuals, and any entity eligible to file for relief under the U.S. bankruptcy code. If you are facing debt loads that are just too much for you to handle, our firm can help you through the process of filing for bankruptcy and setting up a fair playing field for you and your creditors.

Chapter 7 bankruptcy is also called liquidation bankruptcy. When people or businesses experience financial hardships due to extensive debt, they can become at risk of losing property, livelihoods, and even suffering mental, emotional, and physical stress. The United States Bankruptcy Code is a complex set of federal laws that are designed to assist people in seeking relief from debt. When filing for Chapter 7 Bankruptcy, you will be required to turn over all of your non-exempt property to a trustee appointed by the court, who will liquidate these assets and then proceed to pay various creditors. At the conclusion of liquidation and payment, your non-secured debts will be discharged.

Allow us to achieve your goals of a debt-free future.
Discover why you should hire Hall & Hall Attorneys at Law.

Our Approach

Our firm operates by providing insightful legal advice and a projection of the likely case outcome after gathering the facts and evidence of your case. If you are facing foreclosure or severe debt loads, then you may greatly benefit from our experienced legal assistance. We understand the severity of your situation, and you can count on our experience and dedication to provide you with the representation you need. We understand the emotional difficulty of bankruptcy, and we know the fear you may be feeling with so much at stake.

Contact our firm today to begin the process of building a foreclosure defense case or filing for bankruptcy protection, to help you begin building a brighter future.

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