At some point in their lives, people may find themselves in over their head in debt, that’s where we can help. You may not expect to need it, but bankruptcy is a viable solution for many people if handled correctly. Our professional staff of Florida and North Carolina attorneys and debt relief experts is dedicated to giving each client’s case the attention they deserve. One of our specialty areas of practice here at Wilson Ratledge is Chapter 7 bankruptcy.
Chapter 7 bankruptcy is usually quicker than Chapter 13 bankruptcy, most debtors keep all or most of their property, and filers do not have to pay back a portion of their debts. Unlike Chapter 13, Chapter 7 bankruptcy is usually recommended to people who cannot qualify for a repayment plan based on income, expenses, and debt burden.
In a Chapter 7 bankruptcy a court-appointed “bankruptcy trustee” examines your assets and financial transactions to recover anything that can be paid to your creditors. In many cases, property owned by the filer is either exempt or invaluable for the purpose of paying the creditors.
At Wilson and Ratledge, our goal is to settle your debt with as little inconvenience to you and your family as possible. We work with you and the trustee to make sure that your rights are protected and your comfort is provided for. When you need aggressive bankruptcy representation with sensitive attention, click here or call Wilson Ratledge today at (919) 787-7711.