Reston Bankruptcy Attorney
Get a Bankruptcy Lawyer Near Me
At Fisher-Sandler, LLC we are Reston Bankruptcy Attorneys who specialize in Chapter 7 bankruptcy, Chapter 11 bankruptcy & Chapter 13 bankruptcy. We have been serving the Reston Virginia area since 1999. During this time we have filed thousands of successful bankruptcy petitions for residents and small business owners in Northern Virginia and Reston. Both Nathan Fisher and Michael Sandler have a combined 40+ years of bankruptcy law experience.
If you are considering filing for bankruptcy protection or have questions about whether bankruptcy is the right option for you. Please call our offices now at (703) 691-1642 to schedule your FREE consultation. During this meeting, we will go over your financial situation and map out a plan that will best suit you and your family. Nathan and I both know what it feels like to be under financial pressure from a job loss or unexpected medical emergencies, etc. We can help you today!
When your facing wage garnishment, foreclosure, eviction, utility bill cut-offs, creditor lawsuits and judgments, car repossession, IRS tax levy, frozen bank account/accounts, etc it is hard to think with a clear mind. Especially with your creditors constantly harassing you at all hours of the day and night. It can feel overwhelming and cause you to take no action at all. Let the Reston bankruptcy attorneys at Fisher-Sandler help you put an end to your financial nightmare.
Bankruptcy Services in Reston
If it has become impossible to meet your current financial obligations, bankruptcy can be an option for many businesses and individuals in the Reston area. It offers a chance to start over from a financial point of view, as most of the debts are forgiven after bankruptcy has been filed. Our Reston bankruptcy attorneys can evaluate at your situation, explain the difference between Chapter 7 and 13 Bankruptcy, and help you decide what will be best for you.
Our Reston Bankruptcy Services Offered:
– Foreclosure Defense
– Student Loan Modification
– Property Exemptions
– Tax Forgiveness
– Auto Repossessions
– Stop Creditor Harassment
Reston Chapter 7 Bankruptcy Attorney
When nonstop creditor calls have you hiding from the phone, it is time to take action. If you are tired of struggling to make ends meet and are worried about having your bank accounts levied or your wages garnished, it is time to find out how Chapter 7 bankruptcy can help you.
Talking to a Reston bankruptcy attorney will help you understand your options better and you can decide if bankruptcy makes sense for you. At Fisher-Sandler, LLC, in Reston Virginia we are Reston Chapter 7 bankruptcy lawyers who help people get out of financial trouble. We have a combined 40+ years of bankruptcy law experience helping people resolve financial difficulties and get back on solid ground again.
Chapter 7 Bankruptcy Process in Reston
Chapter 7 bankruptcy allows debtors to receive a financial “fresh start” by discharging (eliminating) most of their unsecured debts. Once your bankruptcy petition is filed you will be protected immediately by the “Automatic Stay“. This stops all your creditors from contacting you or taking any actions against you. Certain debts, including student loans and domestic support obligations, cannot be discharged in bankruptcy. The Chapter 7 process in Reston Virginia involves filing schedules of all of the debtor’s assets and debts. The case is assigned to a bankruptcy trustee, who will take control of all assets except those that are exempt by law. Exempt assets are kept by the debtor. The trustee may liquidate non-exempt property, the proceeds of which are used to pay creditors.
In a typical Chapter 7 case, a debtor will make one appearance before the bankruptcy trustee, at the First Meeting of Creditors. This is an opportunity for the trustee, and any creditors who wish to appear, to ask the debtor questions about the bankruptcy case and events leading up to the Chapter 7 filing. In a typical case for an individual Chapter 7 debtor, an order discharging the debtor’s debts will be issued about 60 days after this meeting.
What Is Required To File Bankruptcy in Reston VA?
To qualify for Chapter 7, people must pass the bankruptcy means test. The means test caps the income that individual filers may have to file Chapter 7 bankruptcy. Individuals who make too much to file Chapter 7 bankruptcy may pursue Chapter 13 bankruptcy.
In addition, to monetary caps, individuals pursuing bankruptcy must complete the following courses:
- Credit counseling: We refer people to approved nonprofit credit counselors. This must take place before filing for bankruptcy.
- Financial education: This provides people with information about how to manage their financial affairs; the final discharge of debts cannot take place until this step is completed.
Finally, there are restrictions on how often you can file for bankruptcy. Individuals who have previously filed Chapter 7 bankruptcy must now wait eight years before they are eligible to file another Chapter 7 bankruptcy. Filing under Chapter 13 may not be done within four years of a Chapter 7 discharge.
Reston Chapter 13 Bankruptcy Attorney
Are your wages or salary being garnished to pay your debts? Have you been threatened with mortgage foreclosure on your home or repossession of your car? We want to help. Don’t let scare tactics about changes in the bankruptcy laws affect your decision. Talk with an experienced Reston bankruptcy lawyer at Fisher-Sandler, LLC today.
At Fisher-Sandler, LLC, we are Reston bankruptcy lawyers who help people resolve financial trouble. We have a combined 40+ years of bankruptcy law experience helping people get out of debt in Northern Virginia & Reston, and we can help you. The bankruptcy laws have changed, but you may still qualify to begin again through a Chapter 13 bankruptcy filing. Contact our consumer bankruptcy attorneys in Reston today to learn more. Call (703) 691-1642 for your FREE initial consultation.
What Is Chapter 13 Bankruptcy in Reston VA?
Chapter 13 bankruptcy is a form of legal debt reorganization. Like Chapter 7 bankruptcy, it is a procedure in federal bankruptcy court that begins with the filing of a bankruptcy petition and schedules. Chapter 13 bankruptcy is different from Chapter 7 bankruptcy in that rather than providing for an outright discharge of someone’s liabilities, it allows them to repay some or all of their debt over three to five years.
A Chapter 13 bankruptcy is also used when a debtor does not qualify to file for Chapter 7 relief. The “means test” required by the new bankruptcy law prevents some people from filing for Chapter 7 bankruptcy. Whether or not a debtor qualifies for a Chapter 7 can be determined by one of our Reston bankruptcy attorneys after your FREE personal consultation.
In addition to the means test, the new “bankruptcy code” requires people filing for Chapter 13 bankruptcy to undergo required credit counseling before they can actually file with the Bankruptcy Court. The new bankruptcy law has also changed the amount of debt appropriate for this chapter. The new law has also changed the length of time required between filing a Chapter 7 bankruptcy and a Chapter 13 bankruptcy to four years.
Why File Chapter 13 Bankruptcy in Reston Virginia?
Chapter 13 bankruptcy is typically chosen by people who own a house or a car and are behind on their payments. Chapter 13 bankruptcy will prevent a foreclosure or repossession, and allow the person to pay back the amount they are behind. Unsecured debt is also repaid, although it is often at substantially less than 100 percent of what is owed. If the person in debt completes the plan, they will receive a discharge of the remaining balance on unsecured debt. For the court to approve a Chapter 13 bankruptcy, the person in debt must be employed or have some other source of reliable income to fund the plan.
Reston Chapter 11 Bankruptcy Attorney
While an individual may qualify for several different chapters in the Bankruptcy Code, most consumer debtor attorneys only concern themselves with two: Chapter 7 and Chapter 13. Occasionally, a high-income debtor needs bankruptcy relief but is disqualified from Chapter 7 because he makes too much money and has too much debt to qualify for Chapter 13. What can be done?
It’s Chapter 11 bankruptcy to the rescue! Chapter 11 is typically a “business bankruptcy,” however individuals may also file under this Chapter, even when there is no “business” debt. In fact, some debtors choose to file Chapter 11 instead of Chapter 13 when reorganizing personal finances using the Bankruptcy Code. However, as a general rule, individuals choose Chapter 13 over Chapter 11.
Emergency Bankruptcy Attorney Reston VA
Emergency bankruptcy filings are sometimes necessary in Reston 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 Reston 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 Reston 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. Call us today at (703) 691-1642 for your FREE consultation.
Reston Virginia – About
Reston is a vibrant community in the heart of Northern Virginia that was founded in 1964. A planned community, Reston is known worldwide for its forward-thinking concepts of what it means to be able to work and play where you live, and to be connected to those around you. The community includes a variety of neighborhoods from bustling urban settings to wooded tranquil escapes.
Things To Do in Reston Virginia
Reston, Virginia was conceived as a planned community by Robert E. Simon. Founded on April 20, 1964 (Simon’s 50th birthday) and named for his initials, it was the first modern, post-war planned community in America and is now the most populous place in Fairfax County. Areas within Reston such as Reston Town Center and Lake Anne Plaza provide the perfect gathering places to enjoy seasonal events, a night out on the town or a memorable shopping excursion. While in town, don’t forget to visit the Reston Museum.
Other Cities Served in Fairfax County:
- Dunn Loring
- Fairfax Station
- Falls Church
- Fort Belvoir
- Great Falls
- Mason Neck
- Mount Vernon
- Fairfax County
Zip Codes Served: