There are a number of reasons you or your family may choose to declare bankruptcy. At the Mississippi law firm of The Rollins Law Firm, we understand and take into consideration all of your reasons for choosing to pursue bankruptcy. A personal injury, job loss or even the rising cost of living can make it difficult for a person or family to cope financially. If you have found yourself facing difficult financial times and feel as if you may be at the end of your rope, our knowledgeable bankruptcy lawyers are here for you.
Attorneys Thomas C. Rollins Jr. and Jennifer Calvillo are committed to helping you get back on your feet and back to a stable financial state. When you visit The Rollins Law Firm, you will be greeted with a warm welcome from our devoted staff. Our goal is to make you feel comfortable and listened to during this stressful time in your life. During your consultation with Thomas, you can count on being heard and embraced with warm communication and straightforward advice. During your initial consultation, he will examine your financial situation and help determine which type of bankruptcy is right for you.
Benefits of Chapter 7 Bankruptcy
A Chapter 7 bankruptcy gives you the opportunity to make a fresh start. It will eliminate unsecured forms of debt, including credit cards and medical bills. Like a Chapter 13 filing, it will stop creditor harassment, wage garnishment and most other lawsuits collections or otherwise. Unlike Chapter 13, there is no limitation on the amount of debt a filer may have. Chapter 7 requires no repayment plan and you are no longer responsible for the debt after it is discharged. Also, the discharge of debt is fairly quick.
By filing Chapter 7 you will be able to keep your future income and some property you acquire after filing. Most people can keep the majority of their property in a Chapter 7 filing because of the property exemptions. However, some of this property may be liquidated, or sold, if you are unable to pay down your secured debts. Examples of secured debt include home and car loans. You have the option of surrendering this property to your creditor or paying the current and past due balance on your loans to retain it. The Rollins Law Firm will explain to you your options regarding your property after filing and the time periods that are crucial to the property you own prior to filing and after filing for Chapter 7 Bankruptcy.
At The Rollins Law Firm, we are committed to providing you with quality bankruptcy service. From the moment you walk into our office, you can rest assured that your needs will be met. We are by your side throughout the bankruptcy process, from filing paperwork to negotiating with creditors. With us, you are never alone.
Get the Help You Need
Take charge of your finances today. Contact or Biloxi, MS bankruptcy attorney Thomas C. Rollins Jr. at 601-202-3942 to schedule a free initial consultation. Evening and weekend hours are available by appointment.
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