Laurel Bankruptcy Attorney
Get a Bankruptcy Lawyer Near Me
Are you currently facing Serious financial distress and considering filing for bankruptcy in Laurel Virginia? Harassing calls from creditors make it difficult to think clearly about how to handle your financial situation. When creditors are threatening to foreclose on your home or business assets, levy your bank accounts or repossess your car, it can be so overwhelming that seeing a way out isn’t something you can do on your own; you literally feel like you are being battered by a storm. During times like these, you need the experience of a Laurel bankruptcy attorney.
At Fisher-Sandler, LLC – Richmond, VA we are committed to helping you out of your current financial difficulties. We have helped thousands of Laurel, Richmond & Henrico County residents and small business owners successfully file for bankruptcy protection under the United States bankruptcy code since 1999. With over 60 years of combined bankruptcy law experience, Michael Sandler, Nathan Fisher, and Sharon Choi Stuart have what it takes to get your bankruptcy petition filed with the U.S. Bankruptcy Court Richmond Division and get it done right the first time.
We specialize in filing Chapter 7 bankruptcy, Chapter 13 bankruptcy and Chapter 11 bankruptcy (for individuals). So whether your facing wage garnishment, home foreclosure, eviction, utility bill cut-off notices, car repossession, creditor lawsuits, credit card debt, medical bill debt, frozen bank account/accounts, IRS tax levy, judgments, etc. We can help stop your financial nightmare today! Call The Bankruptcy Law Offices of Fisher-Sandler (804) 664-3643 and schedule your FREE consultation. After our consultation, you will walk away with a clear picture of what would be in your best interest. Stop living in fear and get the fresh start today.
Bankruptcy Services in Laurel Va
For many Laurel Virginia residents and small business owners struggling with debt or facing harassing creditor calls, foreclosure, etc, filing for bankruptcy provides immediate and long-term solutions for which they are looking. If you think personal bankruptcy may be right for you, an experienced Laurel bankruptcy lawyer can help you answer your questions in order for you to make the right decision. At The Law Offices of Fisher-Sandler, LLC we help people throughout Laurel, Richmond and Henrico County get the bankruptcy legal counsel they deserve.
It’s important to know what to expect after declaring bankruptcy. Filing for bankruptcy in Laurel Virginia will trigger an “automatic stay“, which will temporarily protect you from creditors. Once the automatic stay is in effect, creditors cannot take legal action or contact you regarding your debts. The automatic stay will also pause foreclosure proceedings, vehicle repossession, and wage garnishment.
Our Bankruptcy Services in Laurel Offered:
– Foreclosure Defense
– Student Loan Modification
– Property Exemptions
– Tax Forgiveness
– Auto Repossessions
– Stop Creditor Harassment
Laurel Chapter 7 Bankruptcy Attorney
Many people who are unable to repay their debts choose to file for Chapter 7 bankruptcy. This type of bankruptcy is often referred to as “liquidation bankruptcy” since certain assets belonging to the debtor are liquidated to repay creditors.
If you file for Chapter 7 bankruptcy, most of your debts will be discharged, which means you will finally get a fresh financial start. But you should not take the decision to file for chapter 7 lightly. Discuss your options with the skilled Laurel bankruptcy attorneys at Fisher-Sandler, LLC today.
Who Qualifies For Chapter 7 Bankruptcy In Laurel?
To qualify for Chapter 7 bankruptcy, you must pass the “means test.” This test is used to determine if your monthly disposable income is low enough for you to qualify for chapter 7.
The first step is comparing your gross income to the median family income in Virginia. If your income is lower than the median family income in Virginia, you pass the test and qualify for Chapter 7 bankruptcy.
If your income is greater than the median family income in Virginia, you will move onto the next step, which involves calculating your disposable income. To calculate your monthly disposable income, certain monthly expenses are subtracted from your average monthly income.
Laurel Chapter 13 Bankruptcy Attorney
When you file Chapter 13 bankruptcy, you agree on a plan to catch up on delinquent payments and repay your creditors over time. It provides a way to prevent foreclosure on your home or repossession of your car or other collateral. An experienced Laurel bankruptcy lawyer can explain the advantages and drawbacks of Chapter 13 and can help you determine if it is the right choice for you.
Generally, you will determine how much you can afford to pay your creditors on a monthly basis and for how long based on the results of the means test. You will be required to make monthly payments to a trustee, who is appointed by the court to administer your case. The trustee will send the money to your creditors according to a court-approved plan. You may be required to make monthly payments in Chapter 13 for up to 5 years. After all, payments are made pursuant to your plan you will receive a discharge, discharging any remaining dischargeable debt that was not paid in full during the term of the plan.
A common reason for ling a Chapter 13 is to stop or preempt a foreclosure or to stop or reverse a repossession. A Chapter 13 allows you to keep assets that that would otherwise be lost to your creditors by allowing you to make up any deficient payments during the pendency of your Chapter 13 plan. If you are facing a foreclosure or repossession or if you are currently involved in a foreclosure proceeding or your vehicle has been repossessed you may want to consult an attorney.
Laurel Chapter 11 Bankruptcy Attorney
Individuals and businesses who are experiencing financial troubles have the option of filing for Chapter 11 bankruptcy in Laurel Virginia. This bankruptcy is often referred to as “reorganization” bankruptcy since it often involves reorganizing and restricting a business.
Filing for Chapter 11 bankruptcy is a major decision that should not be taken lightly. If you are considering bankruptcy, it’s important to seek legal representation from Laurel Chapter 11 attorneys at Fisher-Sandler, LLC. Let our team guide you through the process of filing for Chapter 11 bankruptcy and help you achieve financial freedom.
Chapter 11 bankruptcy is an option for both individuals and businesses, but it’s not right for everyone. Filing for Chapter 11 is expensive and time-consuming, which is why it’s rare for an individual to choose this option. However, individuals that do not qualify for chapter 7 or 13 bankruptcy due to their income or amount of debt may have no other choice but to file for Chapter 11.
Laurel Emergency Bankruptcy Attorney
An emergency bankruptcy filing is sometimes necessary to immediately stop garnishments, repossessions, evictions, and foreclosure actions. When emergencies happen, they can wreak havoc on your day-to-day life and interfere with your ability to support yourself and your family. If you have recently lost or are about to lose your home or car, or if your wages are about to be evicted or garnished, an emergency bankruptcy stops everything and gets you back in control.
Filing for bankruptcy triggers the “automatic stay“, a legal injunction that stops creditors from foreclosing on your property, garnishing your wages, seizing your assets, and from even contacting you.
Filing an emergency bankruptcy petition can bring the automatic stay into effect quickly. How long it takes depends on your unique circumstances, but we are often able to file bankruptcy petitions the same or next day a client hires us.
When filing an emergency bankruptcy petition in Laurel, you do not have to fill out all of the paperwork right away. You can file a bare-bones version of the petition now and submit the rest of the necessary information later. However, you only have 14 days to fill out the remaining paperwork. If you fail to meet this strict deadline, your bankruptcy will be dismissed and the automatic stay will be lifted.
Our Laurel bankruptcy lawyers have handled many emergency petitions and can guide you through the process, ensuring you take all the right legal steps and meet all your deadlines. Call Fisher-Sandler today at (804) 664-3643 to schedule your FREE consultation.
Laurel Virginia – About
Laurel is a town in Virginia with a population of 17,176. Laurel is in Henrico County and is one of the best places to live in Virginia. Living in Laurel offers residents a dense suburban feel and most residents own their homes. In Laurel, there are a lot of restaurants and parks.
Other Cities Served in Henrico County:
- East Highland Park
- Glen Allen
- Henrico County
- Highland Springs
- Short Pump
Henrico County Zip Codes Served: