Bankruptcy

What is Bankruptcy & How Can It Help Me?

 

Bankruptcy is designed for people caught in severe financial circumstances beyond their control such as illness or loss of a job. It gives people with excessive debt an opportunity to make a fresh start by reducing or eliminating the debt. While some debts will be eliminated, others such as alimony and child support, will not be discharged.


Bankruptcy is a constitutional right, governed by state and federal law, to ask a court to declare a person unable to pay his or her debts. 


The two most frequently filed bankruptcy are Chapter 7 and Chapter 13. 


Chapter 7 is an option for individuals and small businesses to discharge virtually all outstanding debt.


Chapter 13 is an alternative option suitable for families and individuals who are attempting to save their home or are in an income bracket which would allow them to be able to fund a plan to pay off a portion or all of their debts over a three to five year period. This option is considered a reorganization of debt.


Filing for bankruptcy can be a difficult decision to make. The McCook Law Firm is here to help.

What can we help you with?

We can help you with:

  • Stopping wage or bank garnishment
  • Elimination of medical bills
  • Elimination of credit card debt and loans
  • Stopping foreclosure and saving you home
  • Elimination of  taxes in certain instances
  • Removal of liens on property
  • Protection of assets
  • Stopping foreclosure or wage garnishment
  • Stopping calls and harassment from creditors and collections agency 
  • Debt negotiation with creditors
  • Student loan repayment plan
  • Mortgage modification

DO ANY OF THE FOLLOWING APPLY TO YOU? IF SO, CALL US TODAY

Do you have credit card debts?

Chapter 7 bankruptcy filing is an option for individuals and small businesses to discharge virtually all credit cards.

Do you have medical bills?

Chapter 7 bankruptcy filing is an option for individuals to discharge virtually all medical bills. 

Are your wages being taken to satisfy a debt?

Filing for bankruptcy protection will stop your wages from being taken by a creditor. Talk to our Attorney to learn more about stopping or preventing your wages from being taken.

Have you lost your job?

We understand that losing your job can be stressful because of the financial impact. McCook Law Firm can help you to restructure your financial affairs through debt elimination strategies. Call us to learn more. 

Do you have student loans?

Some student loan debts cannot be eliminated in a bankruptcy. However, we can evaluate you current financial affairs and help you to strategically restructure your debt so that you can pay off your student loan faster. 

Call us to learn more.  

Are you at risk of losing your home?

Your home similar to many Americans may have been you largest investment. We understand that the risk of losing your home goes beyond finances and has an emotional toll. Let's work together to save your home? 


For some, you may owe more on your home than it is worth and maybe you would like to walk away from the debt free and clear. We can help, call to learn more.

Are you going throught a divorce?

Going through a divorce is highly emotional. Financial obligations sometime prevent individuals from getting divorce or complicates an already stressful situation. We believe it is unfair that you should have to deal with any debt obligations and we can help you strategize on how best to walk away clean from some, if not all of your debt obligations. Talk to our attorney to lean more.

Do you have a gambling debt?

Chapter 7 bankruptcy filing is an option for individuals to discharge virtually all gambling debts.  

Do you have a court judgment?

Many court judgments can be eliminated. Call our firm to see if your court judgment can be discharged in a bankruptcy filing.

Are you being sued?

Filing bankruptcy before your case goes to court or before a judgment is entered in your case can be advantageous at times. Knowing when to do so requires the help of an experienced bankruptcy attorney. Call our firm to learn more.

Have you been denied housing?

Often individuals who are looking to obtain housing whether to rent, or to enter into state subsidized housing are denied because of past credit history. Our firm can help. Call us today to learn more.

Is your car being repossessed?

Filing bankruptcy may stop the repossession of your vehicle. Filing bankruptcy may allow you the opportunity to refinance your vehicle at its current market value if you owe more on the vehicle that what it worth.

Are you being harassed by debt collection agencies?

Under bankruptcy laws regarding the automatic stay, collections efforts by debt collectors ends immediately once a case is filed. Talk our office today to learn how we can put an end to any harassment by debt collection agencies.

Do you have a debt that you are not sure you can eliminate?

Please call our firm to inquiry as to whether or not you can eliminate a particular debt. 

Are you worried about losing your assets?

In a bankruptcy you can usually exempt, or keep most or all of your assets. Most retirement accounts and pensions are also exempt. Our firm can help you select the right exemptions to help you keep most or all of your assets.

Talk to our attorney today & join the millions of Americans just like you who have become debt free.

Call to schedule a Free 45 minute Consultation 

(505) 600-2550


Web & Phone consultations also available.


Flexible Payment Plans Available. 

Our Law Firm can help.

Call to schedule a Free 45 minute Consultation

(505) 600-2550


Web & Phone consultations also available.


Flexible Payment Plans Available. 

Call McCook Law Firm today!

Call to schedule a Free 45 minute Consultation

(505) 600-2550


Web & Phone consultations also available.


Flexible Payment Plans Available. 

GET THE LEGAL HELP YOU NEED TO BECOME DEBT FREE TODAY!

CALL (505) 600-2550