Debt can wear down even the strongest person over time. It ruins lives and destroys families with regularity, and unfortunately has become something that many people do not feel comfortable talking about or admitting that they suffer under. If you are stuck and feel like you will be buried under debt forever, you should know that there are legal options available to you. Bankruptcy may offer you the ideal solution to get your life back as it should be.

A Way Out Of Debt

Every person deserves a second chance and you are no exception. Whatever circumstances led to your financial situation, there comes a point when you have to say enough is enough. Remaining trapped by creditors, with all of your spare income eaten up by debt payments, is no way for a person to live. Our bankruptcy law firm can help you find a way out.

Bankruptcy gives you a way to escape your creditors and move on with your life. Depending on what type of bankruptcy you choose, your debt could be wiped away immediately. The harassment from creditors stops and the money you earn can be spent on improving your situation. It is a legal option that can permanently change your life.

Chapter 7 Bankruptcy

Our firm can help you file for Chapter 7 bankruptcy. This is the most popular form of bankruptcy, one that will wipe your debts away in a fairly short time period – typically three to six months. To be eligible for Chapter 7 you need to meet certain requirements. If your income is too high, though, Chapter 7 may not be an option.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy is another popular choice. Chapter 13 differs from Chapter 7 in that you are required to pay back at least a portion of your debt. When you have certain assets you want to keep or if you make enough money where paying a portion of your debts is feasible, Chapter 13 is often the best option. You must complete a full three to five year repayment plan for the process to be complete, upon which time any remaining debts will be discharged.

We Provide Guidance

Our firm can help you take a long, hard look at your debt situation and determine the best path out of it. There are multiple bankruptcy options and one will fit your needs and your goals. We can help you determine which to choose, assist you with filing and field any further questions from your creditors.

If you would like help finding a way out of your debt and live in Rockingham County, Manchester,Hillsborough County, Coos County or New Hampshire, please contact our firm today.