With challenging economic times can come unforeseen personal hardships. For some individuals, this means taking the difficult step of filing for protection from creditors through personal bankruptcy action. Many circumstances can lead individuals to file for bankrutpcy protection: medical expenses, excessive credit card debt, loss of employment, and divorce. Each of these circumstances, in and of themselves, can create angst, but the looming side effects of financial difficulty only add to the stress. Sirote & Permutt's bankruptcy attorneys understand not only these feelings but also the circumstances that can lead to them. Our experienced team offers comprehensive bankruptcy services and guidance through the court process.
The primary reason to file for personal bankruptcy protection is that it offers immediate relief from creditors. Our team can provide legal counsel, discussing all options including alternatives to bankruptcy, as well as helping clients to understand the immediate and long-term repercussions of filing for bankruptcy. Due to the complexities of filing for bankruptcy, Sirote attorneys help clients through the entire process and keep them informed to know exactly what to expect.
The Sirote & Permutt Bankruptcy Action & Protection team advises clients on:
- Chapter 13 (reorganization of debt over a 3-5 year timeframe)
- Chapter 7 (liquidation of assets)
- Foreclosures
- Garnishments, Judgments, and Liens
- Student Loans and Tax Debt
- Bankruptcy and Divorce
