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If you and your family are facing hard financial times, filing for bankruptcy might just be the answer that you’re looking for. To see if you qualify, give Erin Lane and her team a call today. We’re here to help restore the balance if your life that debt relief can bring. With our flexible payments plans and affordable low flat fees, we make the bankruptcy process manageable for any budget. Contact us today.
Experienced Lacey, WA bankruptcy attorneys fighting for you!
We are Lacey bankruptcy attorneys and debt relief lawyers. If you have questions about your legal rights and options under federal and Washington State bankruptcy laws, we encourage you to connect with our law offices for a free initial case consultation. Our Thurston County, WA bankruptcy lawyers are experienced and aggressive.
We are very familiar the bankruptcy laws and the Thurston County bankruptcy courts. If you are wondering whether or not you can qualify for bankruptcy protection, our Lacey bankruptcy lawyers are here to help. We can review your debts, assets, and income to determine whether or not filing for bankruptcy relief is a viable option for you and your family.
Our Lacey bankruptcy attorneys want you to understand that you have very important legal rights when it comes to your debts. The bankruptcy laws were specifically enacted to assist honest and hard working people, that for whatever reason, have fallen on hard times. There is no perfect debt relief solution for everyone. If you are able to qualify, however, filing for bankruptcy is almost certainly an option that you should at least consider.
Our Lacey bankruptcy attorneys handle all Chapter 7 and Chapter 13 cases while serving all of Thurston County. Call now for help, information, and answers. We always offer a free initial consultation and case evaluation to see if you qualify for bankruptcy protection and relief.
Is bankruptcy your best option?
If you are like many of our Thurston County bankruptcy clients, you probably have a lot of questions about filing for bankruptcy and whether or not it is best for you and your family. One of the most important things to understand is that there are two types of filing for personal bankruptcy.
Our Lacey bankruptcy lawyers will help you determine which kind of bankruptcy is right for your financial situation. Depending on your current situation, a number of critical variables determines which option is best for you. These variables typically include your income, your debts, your monthly expenses, and your assets.
The Lacey, WA bankruptcy attorneys at are firm are debt relief professionals who want you to understand your legal rights. We are here to answer all of your questions and to ensure that your bankruptcy is handled properly from the very beginning. Filing for bankruptcy is always difficult. Our job is to make it easy. Let our Lacey bankruptcy lawyers help you to understand your options.
Filing for Chapter 7 bankruptcy.
When most people file for bankruptcy, they typically try to file for Chapter 7. This common form of filing is used by people who qualify under the means test and are struggling just to get by month to month. Although this form of filing is common, there are income guidelines, which may disqualify you. If our Lacey bankruptcy attorneys determine that this is the best option for your situation, you will have the opportunity to discharge your unsecured debts quickly, usually in three to four months.
Filing for Chapter 13 bankruptcy.
If you and our Lacey bankruptcy lawyers determine that you are unable to qualify for Chapter 7, we will then see if you qualify for Chapter 13. Some individuals decide that this is the best option, due to the fact that they want to try and keep their property, especially their home. Chapter 13 filing typically ends with you and the bankruptcy court agreeing to a payment plan. This is done by reorganizing and prioritizing your debts into a monthly payment you can afford.
Determining the best option for filing typically happens when you call our offices or you meet with our Lacey bankruptcy lawyers. Together, we will complete a financial analysis that will help you understand your options. This financial analysis is commonly referred to as the means test. Before you are able to go any further in the bankruptcy process, a means test will give a picture of your current financial status.
When possible, the bankruptcy court naturally wants to find an option that works for you and your creditors. The means test is utilized to enable everyone to see your finances and to determine how and if a repayment plan is a viable option. If there is no way to develop a payment plan, and your income is within the guidelines, Chapter 7 filing may be your only option.
Our Lacey, WA bankruptcy lawyers will thoroughly review all of your finances to assist you in determining all of your bankruptcy options. This can be a complicated process, especially if your base household income is above the means test threshold.
Our Thurston County bankruptcy lawyers are with you through each and every step of the process.
Regardless of which options works best for you, our Lacey bankruptcy attorneys will work with you in each stage of the process. Based on the information you provide, we will prepare your bankruptcy petition and review it with you prior to filing.
Many of our Washington State bankruptcy clients ask us if they can try to fill out, file, and process their bankruptcy on their own. The answer to this question is yes, but it is not advisable. The Washington State and federal bankruptcy laws are extremely complicated and often difficult to interpret.
This can lead to critical mistakes in filing that will prevent you from obtaining the bankruptcy protection are relief you need and deserve. You can of course still try to file on your own behalf. But it may help to look at it in a different way. Someone can read a book about how to perform surgery, but is this really sufficient for a person to be qualified to perform surgery? Would you want this person operating on you or your children?
Probably not. Our advice is to at least seek the advice of one of our experienced Lacey bankruptcy lawyers BEFORE you make any decisions about trying to file for bankruptcy on your own. You can then at least make a truly informed decision about your options.
What happens after you decide to file for bankruptcy?
After you and your attorney make the appropriate filing choice for your situation, it is time to file your bankruptcy petition. Our Lacey bankruptcy attorneys will help you fill out the correct forms and gather all of the information that you need to complete the filing process. This typically involves getting a lot of financial information from you regarding your income and your bank accounts.
To the greatest extent reasonably possible, make sure that you have access to following information regarding your finances and assets:
- Money owed.
- Money you earn.
- Names and addresses of all creditors.
- Proof of hardship (if necessary).
After your Thurston County bankruptcy paperwork is filed with the courts, they will send you information on a scheduled bankruptcy meeting. You and one of our Lacey bankruptcy attorneys will attend the meeting. In the overwhelming majority of cases, no creditors actually appear at this meeting, and it’s generally a relatively straight forward process. The trustee is primarily concerned with whether or not you have been honest in your petition and whether or not anything significant has changed since your petition was filed.
During the meeting you can expect a brief discussion of your situation and your finances. You may also be asked to talk about your hardships and financial burdens. At the end of the meeting, the overwhelming majority of clients are done. The next thing that happens if you filed a Chapter 7 is that you receive a notice of discharge.
If you filed a Chapter 13 case, there may be some additional work that is needed to get your plan confirmed. Once your plan is confirmed, you simply need to make your monthly payments for the 36 to 60 months detailed in your plan. After your plan is completed, all remaining unsecured creditors and other qualifying debts are completely wiped out.
If your Chapter 13 plan requires additional work for plan confirmation, our Lacey bankruptcy lawyers will continue assisting you in order to satisfy the trustee’s requests. If your case is complicated, this can sometimes take several months. In the meantime, you simply continue to make your plan payments while your case is pending.
Our Lacey bankruptcy attorneys are results and detail-oriented. We know what issues are critical to your bankruptcy success. We will work closely with you to ensure that your protections under the bankruptcy code are maximized. Contact us now to schedule a consultation for free, so that you can determine if you qualify for Washington State bankruptcy relief and begin the process.
Call for your free bankruptcy case consultation today.
Our Lacey bankruptcy lawyers serve all of Thurston County, Washington, and are here to assist you in getting back on your financial feet. Calling for free consultation can address your pressing questions, and get you on a clear path to finding the debt relief you’re looking for. Find out if bankruptcy is right for you, and be sure to ask our Lacey, WA bankruptcy attorneys about the affordable low flat fees and flexible payment plans our firm provides. Call today!
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