As a firm that practices bankruptcy law in Hickory, we realize that financial difficulties can happen to anyone.
If you find yourself in financial trouble, you deserve a fresh start. At the Law Office of Melissa Stewart, formerly Groff Law Firm, we are here to help you start again financially by determining if bankruptcy is the right choice for you and helping you with the filing process from beginning to end. As a firm that practices bankruptcy law in Hickory, North Carolina, we realize that financial difficulties can happen to anyone, and we have helped many people just like you file bankruptcy successfully.
Under bankruptcy law, there are two primary forms of consumer bankruptcy:
- Chapter 7 bankruptcy–When you file under Chapter 7, most of your unsecured debts, such as medical bills, credit card debts, and personal signature loans, will be discharged. In exchange, your nonexempt property may be sold to repay your creditors.
- Chapter 13 bankruptcy — Known as reorganization or consolidation bankruptcy, when you file under Chapter 13, your debts are reorganized into a repayment plan that must be followed for three to five years. After you have followed the repayment plan for this time period, your remaining debts will be discharged. Chapter 13 can also be the answer you are looking for if you are facing foreclosure or repossession.
At our firm, we can help you figure out if filing bankruptcy is your best option for relief, and if it is, we can help you decide if you should file Chapter 7 or Chapter 13. Our goal is to make the bankruptcy process less intimidating and, above all, help you regain financial freedom.
We would be more than happy to give you more information about bankruptcy law and how it applies to your personal situation. Contact us at the Law Office of Melissa Stewart today to schedule your initial consultation.