You will receive the quality of representation obtained from an attorney who specializes in bankruptcy law and consumer rights under the Consumer Credit Protection Act.
We guarantee your satisfaction with our legal representation. You will not find an attorney who makes himself more available to his clients than William Foster.
Chapter 7 allows debtors to walk-away from their debts free and clear without a repayment plan.
This form of bankruptcy is often referred to as a bankruptcy liquidation, however, most cases filed by this office are no-asset cases. We work with our clients to ensure the chapter 7 trustee does not liquidate (collect and sell) any of your personal property. In some cases it is unavoidable, however, you will know what to expect before your case is filed so you can make an informed decision.
A debtor may choose to file under chapter 13 rather than chapter 7 for many reasons including:
A debt consolidation may be a good option if your debt consists only of credit cards and personal loans. If you have other debts, such as medical, payday loans, rental, or auto loan deficiencies, consolidation is not an option. In most cases, a chapter 13 bankruptcy will be much more affordable than a debt consolidation because it is based on ability to pay. Rarely do clients pay back their balances in full in a chapter 13. Additionally there is no interest charged in a 13. A debt consolidation lowers your interest and consolidates your debts into a repayment plan for those creditors who elect to participate in the plan. However, you will pay back your debts in full through a consolidation plan.
Debt settlement is rarely a good option. Most debt settlement companies simply take your money and offer very little benefit in return. These firms will have you stop making payments to creditors because many creditors will eventually offer to settle your debt at a reduced balance. You do not need a firm for this type of work.
I have obtained judgments against creditors for violating my clients rights under state and federal consumer debt protection laws including the Fair Debt Collection Practices Act and Telephone Consumer Protection Act.
There are many forms of relief available to established business owners including chapter 11 bankruptcy, alternative long-term and short-term funding, and loan workouts.