Lorraine Bankruptcy Attorney
Get a Bankruptcy Lawyer Near Me
Thinking of filing for bankruptcy in Lorraine? When facing financial hardships and constant creditor harassment it can become easy to get confused and overwhelmed on which path to choose. During a financial crisis, you need the assistance of an experienced Lorraine bankruptcy attorney who can help guide you through the bankruptcy maze. With so many options online these days it can be hard to make the right choice when looking to hire a Lorraine Bankruptcy Lawyer. Let Fisher-Sandler, LLC help you take the guesswork out “is bankruptcy the right option” and help get you back on the road to financial freedom.
At Fisher-Sandler, LLC – Richmond, VA we have over 60 years of combined bankruptcy law experience. Michael Sandler, Nathan Fisher, and Sharon Choi Stuart have helped thousands of Lorraine and Henrico County residents and small business owners successfully file for bankruptcy protection under the US Bankruptcy Code since 1999. Bankruptcy is all we do as we specialize in Chapter 7 bankruptcy, Chapter 13 Bankruptcy and Chapter 11 bankruptcy (for individuals). Let our track record and experience be put to work for you. Call the Bankruptcy Law Office of Fisher-Sandler today at (804) 664-3643 to schedule your FREE consultation. It does not matter what time of the day or week it is, we are available 24/7 either online or by phone.
If you are currently facing any type of creditor action it is always a good idea to have a competent Lorraine bankruptcy Lawyer on your side. So whether your facing home foreclosure, wage garnishment, eviction notice, utility bill cut-off notices, vehicle repossession, creditor lawsuits and judgments, IRS tax levy, frozen bank account/accounts, etc, a good Lorraine bankruptcy attorney can help you file for bankruptcy protection and stop those harassing creditor phone calls and letters. Call The Law Offices of Fisher-Sandler at (804) 664-3643 today and schedule your FREE consultation. We can help stop your financial nightmare and get you the fresh start you deserve.
Bankruptcy Services in Lorraine
When student loans, mortgage payments, medical bills, and credit card debt become too much, you may feel overwhelmed. Here at Fisher-Sandler, LLC, we understand how difficult coping with debt can be. We want you to know that in many cases, bankruptcy may be your best option. We offer the personal help you need to protect your assets, stop creditors from harassing you and make a fresh start.
Debt problems can affect anyone. Hardworking people who have encountered medical issues, unexpected job losses or divorce may suddenly find themselves facing large amounts of debt. There are thousands of people who file for bankruptcy protection every year, each person has a unique situation and needs a unique solution and an attorney who cares. That’s where Lorraine bankruptcy attorneys at Fisher-Sandler, LLC comes in.
Our Lorraine Bankruptcy Services Offered:
– Foreclosure Defense
– Student Loan Modification
– Property Exemptions
– Tax Forgiveness
– Auto Repossessions
– Stop Creditor Harassment
Lorraine Chapter 7 Bankruptcy Attorney
Filing a Chapter 7 Bankruptcy is an option we present to clients who face overwhelming debt and need help securing a more financially stable future. It is a process whereby qualified debts are discharged and, immediately upon filing, bothersome collection calls and garnishments stop. If you, like our clients, need a way of freeing yourself from the shackles of debt and relentless collection calls, a Chapter 7 Bankruptcy can be a quick and painless method of doing so.
How long does it take for chapter 7 to be discharged? Typically, a Chapter 7 Bankruptcy takes three months from filing to discharge. After meeting for a free consultation to determine that Chapter 7 Bankruptcy is the right avenue to pursue your debt relief, we gather essential documents from you and create a petition to file with the bankruptcy court. Once the case is submitted, you will attend a meeting administered by a trustee whose role is to ask you questions and administer the bankruptcy estate. In a typical case, this is the only hearing that a client will need to attend. In fact, most clients are never in front of a judge, nor do they step foot in a courtroom.
While we will certainly consider all paths to a fresh start best for you, a Chapter 7 Bankruptcy may be the right fit if you are looking for a way out of credit card, medical bill, or most unsecured debts. If there’s a stack of unpaid bills gathering dust in the corner and you simply do not have the disposable income to pay them, or if you find yourself dodging collector calls and hiding from the truth of the debt building up behind you, then it might be time to consider a Chapter 7.
Although a Chapter 7 Bankruptcy does not allow you to discharge child support, criminal fines, or student loans (in most cases), the amount that gets discharged is done tax-free—as opposed to debt settlement avenues that will label any mitigated debt from negotiation as income. It will also help to expedite you on the road to financial recovery as Chapter 7 only takes three months from the time of filing to discharge.
Lorraine Chapter 13 Bankruptcy Attorney
When you file for bankruptcy you have two options: Chapter 7 or Chapter 13 Bankruptcy. Chapter 13 Bankruptcy is a type of bankruptcy that helps reorganize a filer’s debts while protecting the applicant from the looming threat of debt collection, repossession, and foreclosure. Through an agreed-upon repayment plan and over the course of three to five years, the debtor makes feasible repayments to their creditors. Contingent on the successful completion of this payment plan, all qualifying debts are discharged. Examples of non-qualifying debt include child support and student loan debt. Often referred to as the wage earner’s plan, you can acquire a debt-free future while still maintaining protection of the life you know and love. Assets such as your car or your home are protected as you go through Chapter 13, providing stability and security.
Once you declare bankruptcy through Chapter 13, immediate relief kicks into effect with an automatic stay, prohibiting creditors from acting against you or making pesky collection phone calls to your number. There are many reasons why some people opt into filing for Chapter 13 and try to enjoy its extensive benefits. Chapter 13 is often the right course of action for those who have filed for Chapter 7 previously or who do not qualify for Chapter 7. Filers seeking to avoid foreclosure on their homes or safeguard against seizure of their car often find Chapter 13 to be the most beneficial option. If your income is stable, you have a substantial disposable income, or your income is too high to qualify for Chapter 7, then filing for Chapter 13 could deliver you out of financial trouble.
Filing Chapter 13 Bankruptcy in Lorraine
We could select a Chapter 13 over Chapter 7 if you have a steady and secure income with the potential to keep up with a set repayment plan for three- to five-years and your debts are dealt with more effectively in Chapter 13 than Chapter 7. Furthermore, if you meet eligibility requirements and have the goal of protecting against foreclosure of a home or seizure of a car, Chapter 13 is the solution. Because filing for Chapter 13 is a longer process, you must abide by the rules for a longer time period. However, just because Chapter 7 is a more common solution to financial troubles does not mean it is the best solution for you.
Chapter 13 typically allows for you to pay a lower total amount than through Debt Settlement. Furthermore, unlike Chapter 13, Debt Settlement does not protect you with “automatic stay” from your creditors acting against you or interest fees building up on your debts. Chapter 13 can deliver incredible results if eligibility is met and you are guided through the process with the counsel of an experienced Lorraine bankruptcy attorney at Fisher-Sandler, LLC.
Lorraine Chapter 11 Bankruptcy Attorney
A Chapter 11 bankruptcy case begins with the filing of a petition with the bankruptcy court. As with cases under other chapters of the Bankruptcy Code, once the petition is filed, you will immediately get the benefit of the “automatic stay” which is an order that prohibits your creditors from taking collection actions against you. All debt collection actions including lawsuits, garnishments, and foreclosures are suspended, giving you time to negotiate with your creditors on a repayment plan. The automatic stay continues until the court approves your plan of reorganization.
After you file for Chapter 11 bankruptcy in Lorraine VA, you’ll disclose your income, assets, and debts on official bankruptcy forms. It is at that point that you begin negotiating your reorganization plan with your creditors. Why would your creditors be willing to negotiate with you? It is because the creditors know that if they don’t you might be forced to file a Chapter 7 and they would receive little or nothing.
Chapter 11 bankruptcy is a very complex area of law. If you are a high-income debtor with significant assets or if you have exceeded the debt limits of Chapter 13 bankruptcy, you may want to consider filing Chapter 11 bankruptcy in Lorraine Virginia. Take the time to talk to an experienced Lorraine bankruptcy attorney at Fisher-Sandler, about how Chapter 11 bankruptcy can work for you. Contact us at (804) 664-3643 to schedule your FREE consultation.
Lorraine Emergency Bankruptcy Attorney
Emergency bankruptcy filings are sometimes necessary in Lorraine 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 Studley 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 Lorraine 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 bankruptcy law experts at Fisher-Sandler, LLC are there to assist you every step of the way.
Lorraine Virginia – About
Lorraine was an unincorporated community in Henrico County, Virginia. Lorraine was named for Edward Lorraine who was the 19th-century chief engineer of the James River and Kanawha Canal. According to the Library of Virginia, he was born in 1818.
Other Cities Served in Henrico County:
- East Highland Park
- Glen Allen
- Henrico County
- Highland Springs
- Short Pump
Henrico County Zip Codes Served: