Chapter 7 bankruptcy, also known as a “straight” or “fresh start” bankruptcy, is usually a quick proceeding (three to six months) that allows you to discharge most debts and get an immediate fresh financial start. Some people believe the court will take everything they own when they file bankruptcy. This is not true. There are generous exemptions that cover many assets that an average person owns (e.g., house, car, household goods, retirement accounts). If there is a chance you have an asset that may not be exempt, you may still have the option to file a Chapter 13 bankruptcy (see below) and retain your assets. The Hands Law Firm will thoroughly review your options with you before you file.
Chapter 11 Bankruptcy
Chapter 11 bankruptcy is a good option for small businesses and larger corporations struggling with more debt than they can afford. This form of bankruptcy offers several advantages. Most importantly, Chapter 11 bankruptcy does not mean the end of your company. It is a chance for you and your partners to come up with a reorganization plan that will increase your profitability, and negotiate reasonable payment plans with your creditors. The Hands Law Firm will thoroughly review your options with you before you file.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy allows you to propose a plan to repay some of your debts over three to five years. Chapter 13 is ideal when you want to keep your house or car, but you are behind on your payments. Chapter 13 bankruptcy is also a good alternative when you do not qualify for Chapter 7 bankruptcy relief. In most cases, you receive a discharge at the end of a Chapter 13 bankruptcy that forgives all remaining unpaid debts. The Hands Law Firm will thoroughly review your options with you before you file.
“Hands Law made the legal process smooth and stress-free. Big thanks to Mr. Hands and his staff. Highly recommended for anyone seeking legal help!”
Latoya J.
“Exceptional Service You Can Trust”
“My experience with Hands Law was outstanding! The attentive and friendly staff made all the difference. I highly recommend them to anyone in need of legal support!”
Kristen E.
“Protection and Support When You Need It Most”
“Thanks to Hands Law Firm, my identity theft situation was resolved swiftly. Their personal support and guidance helped protect my family from a potential disaster!”
Sam H.
“Guidance and Expertise You Can Trust”
“Hands Law provided us with the knowledge and patience we needed for guardianship and estate planning. We now feel confident and prepared for the future.”
Chrystalle C.
“Personalized, Professional Service from Start to Finish”
“Attorney Charles provided thorough, knowledgeable guidance. From greeting us at the door to answering every question, he made our experience exceptional.”
Linda F.
“Navigating Life's Challenges with Expertise and Care”
“Hands Law Office is a true community asset. Charles Hands III provided clear guidance during a difficult time, making the process easy to understand. Thank you!”
Hamilton S.
“Exceptional Estate Planning with a Personal Touch”
“Charlie Hands is the best in family estate planning! His kindness and clear explanations made everything easy to understand. Highly recommend his services!”
Andrea V.
“Guidance Beyond Legal Needs”
“Charlie’s expertise and helpfulness exceeded my expectations! He provided valuable resources and guidance without pushing unnecessary services. Highly recommend!”
Have questions or need legal assistance? We're here to help! Reach out to our team today, and we'll guide you through your legal journey with clear answers and expert advice.
