Filing bankruptcy is a complex process best completed by someone skilled in bankruptcy law.
Are you drowning in debt? Are you tired of hearing constant calls from collection agencies and getting bills that you couldn’t possibly afford to pay? Often, all it takes is a few life events, and suddenly the whole world is turned upside down. Whether you’ve lost your job or your ability to work or were hit with unexpected medical expenses, when you are financially destitute and unable to pay your bills, you might be considering bankruptcy. If you find yourself in this category, one thing is for sure: you will need to be familiar with bankruptcy law in order to move forward. Here at Meadows & Aderhold, P.A., we want to help you in any way we can.
According to bankruptcy law, there is more than one way to file for bankruptcy. Just like you can qualify for differing types of financial aid or home loans, there is more than one type of bankruptcy. The most commonly recognized are Chapter 11, Chapter 13, and debt reconstruction. Chapter 11 is most often used by businesses declaring bankruptcy, whereas 13 involves individuals and those who don’t qualify for Chapter 11. Sometimes, with the right legal counsel well-versed in bankruptcy law, you can work your way out of debt with debt reconstruction. The needs of every individual differ, so you’ll need someone to help you navigate the ins and outs of bankruptcy law while moving forward.
If you are in the area of High Point, North Carolina and need assistance with bankruptcy law, we at Meadows & Aderhold, P.A. are here for you. Stop the incessant collection calls and bills; let us help you find a way out today.