Talk to a Raleigh bankruptcy lawyer for real legal advice.
An experienced Raleigh bankruptcy lawyer may be able to protect your hard earned home and possessions from your creditors. If you feel exhausted by juggling the bills every month and have barely enough money left over to feed your family, you need to speak to a sponsoring Raleigh bankruptcy lawyer of Total Bankruptcy.
Nearly 95 percent of those who declare personal bankruptcy do so because of a job loss, family breakup, medical problems or a combination of all of these. Health care costs alone have caused over 50 percent of borrowers to file for protection. A sponsoring Raleigh bankruptcy lawyer knows that about 10 percent of his or her clients may be filing because their cancer treatment was not covered by their health insurance - if they had any insurance at all.
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Total Bankruptcy may be able to help you if you think you need to protect your property from your creditors by connecting you with an experienced sponsoring Raleigh bankruptcy lawyer.
Call 1-877-349-1309 toll free or fill out our online case evaluation form
Making a difference
Using state of the art technology, Total Bankruptcy offers a very high level of customer service combined with an in-depth legal knowledge base to help provide our clients with experienced legal representation.
Learn more about Chapter 7 and Chapter 13 filings
Finding out more about your legal rights is the first step to regaining control of your life and beginning to rebuild your credit. In a Chapter 7 the trustee may liquidate all nonexempt assets, although for many debtors there is very little left to liquidate. At the conclusion of the Chapter 7, the debtor is freed from many debts, except for student loans, taxes, alimony and child support.
In a Chapter 13 the debtor proposes a repayment plan, which can extend from three to five years. Chapter 13 debtors might retain their property as long as they make their monthly payments on time. Chapter 13 debtors are also still liable in full for student loans, taxes, alimony and child support and must make payments on secured loans including home mortgages and car loans or forfeit the collateral.
Whether filing for a Chapter 13 or a Chapter 7, debtors with income above their state's median income level have to prove under a Means Test that they don't have the means to pay some of their debts. If the court believes that a debtor has the means to pay some of his or her debt, the court can force the debtor into a Chapter 13 repayment plan.
Click Here For a Free Bankruptcy Evaluation
The purpose of this web site is to help you learn everything you need to know about bankruptcy, the process, your bankruptcy attorney and your legal rights. The best place to start is with the U.S. Bankruptcy Code. It delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right.