When it comes to facing your debt, you may feel overwhelmed. You may be facing harassing phone calls and threatening letters. You may even feel you are out of options.
But Virginia bankruptcy laws were created to provide protection from creditors and excessive debt.
Bankruptcy in Virginia address most types of debt, including debt related to credit cards, medical treatment and injury, utility, mortgage and auto purchases.
Whether you're debt has been slowly accumulating or you suffered a recent job loss, divorce or injury that affected your income, bankruptcy may be able to help you.
You may want to speak with Virginia Beach bankruptcy lawyers for specifics on how the state's bankruptcy laws may affect you. Generally speaking, bankruptcy addresses many types of debt while protecting your property and putting an end to creditor harassment.
You have two main options when filing personal bankruptcy, Chapter 7 and Chapter 13, and a local lawyer can outline the differences in each.
Typically, Chapter 7 may be a good option if you have serious debt and little income or property. If you have some income and own lots of property, then Chapter 13 may be a better option, as it allows for a legal structuring of your debt. Both may provide protection for you and "exemptions" on property that may prevent foreclosure and repossession.
If you want to speak with a bankruptcy lawyer in Virginia Beach, call 877-349-1309. You can also fill out our free form with a few details about your situation. All information is kept strictly confidential, and is used only to connect you with a local lawyer.
Like any set of laws, deciding to file for bankruptcy can present complexities. There are set requirement in order to file Chapter 7 bankruptcy and a different set for Chapter 13.
Given the opportunity to get your debt under control and get started on a new financial life, don't let any hurdles stand in the way. Get answers on how bankruptcy may affect your future by speaking with one of our sponsoring local bankruptcy lawyers.
If you need relief from you debt, and want to learn more about how bankruptcy can help, contact a Virginia Beach bankruptcy lawyer.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.