Are you facing wage garnishment, repossession, and foreclosure because of debt? It may be time to contact a bankruptcy attorney to discuss your options.
Bankruptcy may sound undesirable; however, it can be an excellent first step to regaining control of your financial situation. Tolar & Tolar is a local debt relief agency in Millbrook, Alabama, that helps individuals and families navigate the bankruptcy process.
Our bankruptcy attorneys are known for their professionalism, compassion, and expertise. Give us a call at (334) 285-5070 or schedule a consultation to determine if you are eligible for chapter 7 or chapter 13 bankruptcy. Together, we can lessen your financial burden.
Filing For Chapter 7 or Chapter 13 Bankruptcy
Chapter 7 is the most common type of bankruptcy in which the debtor’s assets will be liquidated to pay creditors. Under chapter 7, you can eliminate most unsecured debts.
Chapter 13 is a more complex type of bankruptcy that involves debtors repaying their debts over a three to five year period. Under chapter 13, debtors can retain all assets given they maintain the required monthly payments.
If you would like to file for chapter 7 or chapter 13 to relieve your debts, contact your local bankruptcy attorneys in Millbrook, Alabama – Tolar & Tolar. We would be happy to review your case and determine a plan during a free initial consultation.