Roanoke Chapter 7 Bankruptcy Lawyer
Talk to Us About Debt Relief
If you are overwhelmed by debt or worried that you may lose your home or receiving harassing calls from creditors, a completed bankruptcy will discharge and eliminate your liability for most debts. Bankruptcy gives a consumer a fresh start. It is a big decision, however. Before you decide, discuss your options with an experienced lawyer.
At the Law Offices of Easter P. Moses, we file Chapters 7 and 13 bankruptcy. We will review your assets and debts to see whether bankruptcy will help you. For a free consultation with a Roanoke Chapter 7 bankruptcy attorney, please call 888-806-3024 or contact us online.
Chapters 7 and 13 Bankruptcy
Chapter 7 bankruptcy is available for people with an income below the median income in Virginia for a household of their size. People with many unsecured assets elect to file a Chapter 7 to relieve them from liability from their debts. Credit cards, medical bills and certain taxes are unsecured debts. Under Chapter 7, these debts will be discharged. You may also discharge secured debts as long as you return the collateral to the lender. If you want to keep assets such as your house or car, for example, you must continue to make the loan payments. Our attorneys’ fees for Chapter 7 are $800 plus court costs. We provide a payment plan.
Chapter 13 bankruptcy is for people with a special need such as saving their home from foreclosure or for people whose income is above the median income in Virginia for a household of their size. Under Chapter 13, your debts will be consolidated and we will propose a repayment plan subject to court approval of three to five years. You may only have to pay a portion of your unsecured debt over the life of your plan. Your monthly payments will be lowered during the plan. After completing the repayment plan, you will receive a discharge by the bankruptcy court of your unsecured debt. Bankruptcy also stops home foreclosure and vehicle repossession. If you pay the mortgage and car payments under the Chapter 13 plan, you can keep these assets.
The Automatic Stay
All chapters of bankruptcy provide the protection of the automatic stay, which halts all collection actions during the bankruptcy, including creditor harassment and:
- Wage garnishment
- Vehicle repossession
The automatic stay does not discharge your obligation to pay court-ordered alimony/spousal support or child support, however. Typically, student loans and injury/wrongful death judgments against you are not dischargeable.
Contact a Southwest Virginia Bankruptcy Attorney
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.