Bankruptcy

Bankruptcy

If you’ve suffered a financial set-back, you may be enduring mounting debt, harassment from creditors, or even the threat of losing your home, car, or other personal property. Filing for bankruptcy can bring peace of mind and allow you to pursue a fresh start.

Once a bankruptcy petition is filed, creditors will no longer be allowed to contact you and collection activities must stop, including garnishment of wages, foreclosures, debt collection lawsuits, repossessions, or bank account holds. You will often be able to keep your home and other assets. With renewed confidence you can look forward to a promising future once again.

Nearly 20 years’ experience representing thousands of clients—both creditors and debtors—has given me a thorough knowledge of both Chapter 7 and Chapter 13 bankruptcy laws. I will guide you through your options to determine which form of bankruptcy is right for you, what assets you will be able to keep, and the best pathways you can take to begin rebuilding your credit.  Frequently Asked Questions

My clients receive personalized advice and honest, professional representation without judgment or pressure. I keep my costs and overhead very low and I pass that savings onto my clients.  Contact me today to set up a free consultation.

In addition to providing other legal services, I am a designated debt relief agency under federal law and provide legal assistance to consumers under the Bankruptcy Code.

Chapter 7

Chapter 7 is the easier, quicker form of bankruptcy. As soon as you file a bankruptcy petition, all collections stop—that includes phone calls, garnishments, law suits, foreclosures, etc. If creditors receive anything in a Chapter 7, it’s from the liquidation of property. Most people do not lose any property in a Chapter 7 because it is exempt from collections. It is important to talk to an attorney about whether your property is exempt. If your household income is over the median income for the state of Washington, you may be required to file a Chapter 13 bankruptcy instead. Click here for a list of the median incomes, state by state, in the U.S.

Chapter 13

Chapter 13 bankruptcy is essentially a repayment plan that lasts three to five years. The amount you pay depends on your income and expenses. As with a Chapter 7, once a Chapter 13 is filed, all collections stop. In addition,  you are afforded longer-term protection from some creditors, such as the IRS or a mortgage company trying to foreclose. Chapter 13 can bring additional relief by allowing you to catch up on a mortgage, back taxes, child support, pay off a car loan, or even reinstate a suspended driver’s license. Click here for a list of the median incomes, state by state, in the U.S.