Innsbrook Bankruptcy Attorney
Get a Bankruptcy Lawyer Near Me
Are you considering filing for bankruptcy protection in Innsbrook? When facing financial distress and constant creditor harassment it can be a nightmare. What you need during this time is an experienced Innsbrook bankruptcy attorney. With so many changes to the US bankruptcy code in 2005, it can become overwhelming and confusing when trying to go it alone. Don’t continue to put yourself through the stress of unscrupulous creditor actions.
At Fisher-Sandler, LLC – Richmond, VA we have helped thousands of Innsbrook and Richmond residents and small businesses successfully file for bankruptcy protection under the United States bankruptcy code since 1999. With 60 plus years of combined bankruptcy law experience, Nathan Fisher, Michael Sandler, and Sharon Choi Stuart can help you get the fresh start you deserve.
We specialize in Chapter 7 Bankruptcy, Chapter 11 Bankruptcy (for individuals) and Chapter 13 Bankruptcy. So if you are facing: Wage Garnishment, Foreclosure, IRS Tax Levy, Car Repossession, Eviction, Utility Bill Cut-Offs, Frozen Bank Account/Accounts, Creditor Lawsuits, Judgments, etc. Filing for bankruptcy might your best option. Once we meet with you either in our office or by phone we will go over your financial situation and see if filing for bankruptcy protection in Innsbrook Virginia is you and your family’s best interest. So stop living in fear and take action today! Call our office at (804) 664-3643 for your FREE consultation.
Bankruptcy Services in Innsbrook Va
If you are overwhelmed by debt and don’t know what to do, filing bankruptcy may be your best opportunity for getting lasting debt relief. At the law offices of Fisher-Sandler LLC, we offer the services of some of the most experienced bankruptcy attorneys in Innsbrook Virginia. We understand the burden that significant debt can cause and we can help lift that burden with a customized debt resolution plan.
Our Bankruptcy Services in Innsbrook Virginia
– Foreclosure Defense
– Student Loan Modification
– Property Exemptions
– Tax Forgiveness
– Auto Repossessions
– Stop Creditor Harassment
Innsbrook Chapter 7 Bankruptcy Attorney
Chapter 7 bankruptcy is one of the most common and efficient ways for a person to eliminate crippling debt. A chapter 7 bankruptcy may completely discharge unsecured debts including credit card debt, medical bills, personal loans, judgments resulting from car accidents and deficiencies on repossessed vehicles or foreclosures. The prospect of filing for bankruptcy can be overwhelming. However, an Innsbrook bankruptcy attorney at Fisher-Sandler, LLC can help you get through the process and wipe your financial slate clean.
Under the United States Code Title 11, the government allows some debtors permanent relief from most – if not all of their – debt. If you are not able to keep paying your minimum payments, mortgage, car loans, or make regular payments to other loans, filing for Chapter 7 bankruptcy might be a good financial move for you. For some consumers, this is the best way to get out from under the debt that will seemingly follow them around forever.
Your financial situation is as unique as you are. Filing a Chapter 7 bankruptcy may or may not be the right answer to your financial problems. Scheduling a consultation with an experienced Innsbrook bankruptcy attorney is the best way to determine if this is the right move for you.
Though there can be many ramifications, debtors can avail themselves of the protection of the “automatic stay” immediately after filing bankruptcy. According to 11 USC 362, which provides protection to the debtors, creditors cannot take the following actions against debtors once they file bankruptcy, which are:
- Creditors cannot start or continue a garnishment
- Creditors cannot start or continue a foreclosure
- Creditors cannot start or continue a lawsuit against the debtor
- Creditors cannot call the debtors or send bills
- Creditors cannot repossess a vehicle
Innsbrook Chapter 13 Bankruptcy Attorney
In order to file for Chapter 13, you must meet some requirements. Unlike a Chapter 7 bankruptcy, which allows you to discharge some debts in exchange for the sale of nonexempt property to pay creditors, Chapter 13 allows you to keep your property and repay your creditors in a three or five-year court-approved repayment plan.
Many individuals who file for Chapter 13 bankruptcy experience relief from the constant stress of collection efforts. Chapter 13 bankruptcy can halt foreclosure proceedings, prevent repossession of your car, stop creditor harassment, pause a debt collection lawsuit, and more.
When you file for Chapter 13 bankruptcy protection, you have the opportunity to repay your debts under better conditions and at lower interest rates. Unlike Chapter 7, which involves liquidation of assets, this process allows you to use future income to repay your creditors and keep your property.
Chapter 13 allows you to consolidate your payments to avoid fees and fines. Debts that may be consolidated include secured loans, such as mortgages and balances on vehicle loans, as well as unsecured debts, such as credit card debt and medical bills. You can repay some or all of your debt affordably over a three- to five-year period. Some loans such as second mortgages or vehicle loans can be avoided or modified in a Chapter 13 plan. Plus, the automatic stay provision of Virginia bankruptcy law means that the phone calls and letters from your creditors will stop during this time. When you successfully complete the court-approved payment plan, the debts covered by the plan are discharged.
Innsbrook Chapter 11 Bankruptcy Attorney
Chapter 11 Bankruptcy was originally the chapter of “corporate reorganization,” but later became available to individuals as well. In light of the historical purpose and due to the piecemeal amendments to Chapter 11 over time, Chapter 11 is not necessarily well-tailored to the needs of an individual debtor. Therefore, handling an individual Chapter 11 is sometimes like “fitting a square peg in a round hole,” thus the need for Chapter 11 bankruptcy attorneys.
A Chapter 11 case puts the individual in charge of his or her own bankruptcy estate as the “debtor in possession.” In that capacity, the individual can propose a plan of reorganization to the court based on available assets and cash flow. Moreover, if an individual’s debts exceed the Chapter 13 debt limits or if the individual does not have a regular income, a Chapter 11 case may be the best or only option. This is also true if the person plans to fund a reorganization by the sale of assets or anticipated future income.
The highly experienced lawyers at Fisher-Sandler, LLC, are well-equipped to handle individual Chapter 11 cases and have decades of experience representing both borrowers and lenders in Chapter 11 cases throughout Virginia. Because of our diverse legal backgrounds and experience handling a wide variety of bankruptcy-related business and personal legal matters, we are sure we can help you resolve any issue, no matter how complex it may seem.
Innsbrook Emergency Bankruptcy Attorney
If you find yourself confronting a financial emergency such as eviction or the loss of your home through foreclosure or car repossession, one option may be to file an emergency bankruptcy petition to protect your assets from creditors. When you file a voluntary petition to open a bankruptcy case, the federal court issues an automatic stay to stop most debt collection actions against you. An emergency bankruptcy petition can be a quick way to forestall foreclosure, repossession of your car, garnishment of your wages, eviction, and lawsuits by creditors.
Homeowners who are having trouble renegotiating the terms of a home mortgage and are threatened with immediate foreclosure within days may file an emergency bankruptcy petition to stop a foreclosure sale and prevent the loss of their home.
Workers who are having their wages garnished or who are threatened with having their wages attached may file an emergency bankruptcy petition to stop wage garnishment. A bankruptcy filing prevents most creditors from getting access to your income or taking debt collection action against you while the bankruptcy is pending. If your bankruptcy filing eventually leads to a discharge of the debt that was the basis of the wage garnishment, then the creditor cannot continue the wage garnishment at the conclusion of your bankruptcy.
A person who is about to be evicted or have their electricity or gas cut off because of unpaid utility bills may be a candidate for filing an emergency petition to prevent having your utilities turned off in the heat of summer or during freezing weather.
When you do not have enough time on your hands, you can utilize a fast online bankruptcy filing process known as an emergency bankruptcy filing (or skeleton filing), get the automatic stay in place, and submit the remaining documents later. The average bankruptcy petition is between 40 to 50 pages when completed. Such a huge amount of paperwork is just not feasible when you are facing a foreclosure auction, repossession, wage garnishment, collection lawsuit, or another time-sensitive situation.
Innsbrook Virginia – About
Innsbrook is a town in Virginia with a population of 8,271. Innsbrook is in Henrico County and is one of the best places to live in Virginia. Living in Innsbrook offers residents a dense suburban feel and most residents own their homes. In Innsbrook, there are a lot of restaurants, coffee shops, and parks.
Other Cities Served in Henrico County:
- East Highland Park
- Glen Allen
- Henrico County
- Highland Springs
- Short Pump
Henrico County Zip Codes Served: