Highland Springs Bankruptcy Attorney
Get a Bankruptcy Lawyer Near Me
Are you facing severe financial debt in Highland Springs and maybe thinking about filing for bankruptcy? When you are being constantly harassed by creditors, it can become overwhelming at times just to try and think clearly. During times like these, you need the help of a Highland Springs bankruptcy attorney. With so many changes made to US bankruptcy code since 2005 it can become very confusing trying to go it alone.
At Fisher-Sandler, LLC – Richmond, VA we have helped thousands of Highland Springs & Henrico County residents and small business owners successfully file for bankruptcy protection under the bankruptcy code since 1999. Michael Sandler, Sharon Choi Stuart, and Nathan Fisher have a combined 60 + years of bankruptcy law experience. We specialize in Chapter 7 bankruptcy, Chapter 11 bankruptcy (for individuals) and Chapter 13 bankruptcy.
During your FREE consultation with your Highland Springs bankruptcy lawyer, we will go over your financial picture and show you all of your potential options. So if you are facing wage garnishment, foreclosure, eviction, utility bill cut-offs, creditor lawsuits, IRS tax levy, car/truck repossession, frozen bank account/accounts, etc. You will be able to walk away from your consultation knowing exactly what you should do. Please give our Bankruptcy Law Office a call today at (804) 664-3643 to schedule your FREE consultation. We can help you get the fresh start you deserve.
Bankruptcy Services in Highland Springs
Filing bankruptcy shouldn’t be an exciting process. Nobody likes to think about topics like creditor harassment, home foreclosure, car repossession, lawsuits, wage garnishments, and judgment liens. At the Law Offices of Fisher-Sandler, in Highland Springs, Virginia we think filing bankruptcy should be boring and predictable, and our Highland Springs bankruptcy lawyers will work hard to keep it that way.
Our Bankruptcy Services in Highland Springs Va
– Foreclosure Defense
– Student Loan Modification
– Property Exemptions
– Tax Forgiveness
– Auto Repossessions
– Stop Creditor Harassment
Highland Springs Chapter 7 Bankruptcy Attorney
Debt can be overwhelming, and many Henrico County residents owe so much money that they worry they will never be free of the debts they owe. When you are dealing with a significant amount of debt, an experienced Highland Springs Chapter 7 bankruptcy attorney can help you to determine whether filing a Chapter 7 bankruptcy is right for you. Filing for bankruptcy can be a very stressful experience, and navigating the Virginia means test and bankruptcy law, in general, can be very complicated. You will need experienced legal counsel on your side, and the dedicated Highland Springs bankruptcy attorneys at Fisher-Sandler, LLC can help.
If your disposable income is too low to repay your debt, you may be eligible to file for Chapter 7 bankruptcy. Also known as straight or liquidation bankruptcy, Chapter 7 allows you to eliminate unsecured debts including garnishments, credit card debt, medical bills, and repossessions. The whole process usually takes about three months. I am able to help many of my clients keep their homes and assets when they file under Chapter 7. This federal debt relief option offers a total fresh start for people who have fallen on financial hard times.
The “means test” is a simple calculation that compares your average monthly income earned over the last six months to your average allowed expenses. The remainder is your “disposable income.” If this amount is too high to qualify for Chapter 7 bankruptcy, you might still qualify to discharge some debts and pay back others in manageable payments by filing for Chapter 13 bankruptcy.
Upon the filing of a Chapter 7 Bankruptcy case you will be immediately protected from any creditor action by the “automatic stay“, the U.S. Trustee appoints a Chapter 7 Trustee to administer the case and liquidate any non-exempt assets. A Chapter 7 debtor is required to cooperate with the Chapter 7 Trustee and to provide any requested asset and financial information and records.
Highland Springs Chapter 13 Bankruptcy Attorney
Are you in need of debt relief even though you have too much income to file for a Chapter 7 bankruptcy? Or are you concerned you could lose your home, your car or other valuable belongings if you file for bankruptcy? If you have a steady job but a large amount of debt, you may benefit from a Chapter 13 bankruptcy filing. You can get your debts lowered and set yourself on track to be debt-free in as little as 36 months. Call the Law Offices of Fisher-Sandler in Highland Springs Virginia to learn more. A dedicated and experienced Highland Springs Chapter 13 bankruptcy attorney will explain your options for finding the best debt relief solution that meets your needs.
Also known as a debt adjustment or “wage earners plan“, a Chapter 13 bankruptcy brings together all of your creditors and all of your debts in one place. Some debts may be lowered and even discharged. Those that remain are put on a payment plan where you make one payment each month to the bankruptcy trustee who then pays the creditors. Your creditors must accept an approved plan and should not bother you while you are making payments. At the end of the bankruptcy period – either three or five years – your remaining debts are discharged.
The bankruptcy “means test” is used to determine whether your plan will last three or five years and how much monthly disposable income you have to go toward your creditors. The means test is a complicated analysis of your income, assets, and debts. We can help ensure the right information is provided.
Probably the most attractive aspect of a Chapter 13 bankruptcy is its ability to help you save your home from foreclosure. Filing a Chapter 13 petition puts an immediate hold on foreclosure proceedings through the “automatic stay” provision in bankruptcy law, and your wage earner’s plan can be used to catch up any missed mortgage payments as part of your three or five-year plan, making you current on your mortgage and no longer in danger of foreclosure. A Chapter 13 can also be used to cramdown your outstanding mortgage balance to an amount more in line with your home’s value, or strip away a second mortgage lien when you owe more on the first mortgage than your house is worth.
Highland Springs Chapter 11 Bankruptcy Attorney
Chapter 11 bankruptcy, like bankruptcy under other chapters, start with the general filing of a bankruptcy petition, supporting schedules, and statement of financial affairs. These are the same forms required by consumer bankruptcy cases except that some of the questions are answered differently because the debtor is an operating business.
Individuals who do not qualify for Chapter 13 because they exceed the debt ceiling limits ($1,149,525 secured, $383,175 unsecured) but who still want to reorganize their finances may need to file Chapter 11 to get protection from their creditors. Individuals have a very difficult time in Chapter 11, and for that reason, most individual Chapter 11 bankruptcies fail. Chapter 11 for an individual can be successful if the goals are limited. For example, if an individual is a few payments behind on secured debt and needs a limited amount of time to catch up, Chapter 11 could buy the individual enough time to make up past due payments and emerge rather quickly with a completed and successful Chapter 11 plan. More complicated individual financial situations are not typically solved in Chapter 11 because of the complexity of Chapter 11 and its relatively high costs and fees. Individuals who are seeking protection but do not qualify for Chapter 13 are better off finding solutions outside the bankruptcy court.
Highland Springs Emergency Bankruptcy Attorney
Emergency bankruptcy filings are sometimes necessary in Highland Springs VA. Filing for Bankruptcy is a big decision that should be carefully considered. However, sometimes it is the best move for your financial situation, and sometimes you need bankruptcy protection immediately! Circumstances that call for an emergency bankruptcy filing may arise, and our Highland Springs Virginia bankruptcy attorneys can help. If you are facing a foreclosure or wage garnishment, bankruptcy may provide you with the protection from creditors as the Automatic Stay comes into play immediately and all collection action and lawsuits must cease.
Our Emergency Bankruptcy Lawyers in Highland Springs Virginia can assist you if an emergency situation should arise. Many times emergency situations happen with little or no warning. When these unfortunate events happen in a person’s life, there is peace of mind knowing that our team of debt relief experts at Fisher-Sandler, LLC are there to assist you every step of the way.
Highland Springs Virginia – About
Highland Springs is a town in Virginia with a population of 16,109. Highland Springs is in Henrico County. Living in Highland Springs offers residents a sparse suburban feel and most residents own their homes. In Highland Springs there are a lot of parks.
Other Cities Served in Henrico County:
- East Highland Park
- Glen Allen
- Henrico County
- Highland Springs
- Short Pump
Henrico County Zip Codes Served: