Bankruptcy allows certain individuals and businesses that cannot meet their financial obligations to be excused from paying some or all debts. If you or your business are in a tough financial situation, or you're facing law suits or foreclosures, you need legal representation as soon as possible.
Breen Law Office & Mediation can help individuals and businesses find financial relief from bills, creditors and the IRS. We will work with you to go through your financial records, assess your situation and advise you on if bankruptcy is right for you.
Chapter 7 bankruptcy is a liquidation process in which the debtor's non-exempt assets are sold by the court-appointed Chapter 7 trustee. The proceeds are then distributed to each creditor. Call Breen Law Office & Mediation today to find out if Chapter 7 is right for your situation.
If you have a regular income, Chapter 13 will help you devise a plan to repay all or some of your debts back to creditors. You can propose a repayment plan to your creditors to pay back your debts over a three to five year span of time. Filing for Chapter 13 bankruptcy can be, and is often, used to stop a foreclosure. Breen Law Office & Mediation can help you build a plan that works for you and will help you get our of debt.
Filing for bankruptcy could bring you, your home and your business the financial relief you need to keep going. If you think bankruptcy might be the right solution for you, schedule an appointment with Jennifer Breen today. She will help you understand how bankruptcy works and how it can help you.