Chapter 7 Bankruptcy Attorney in Desoto County Mississippi
If you find yourself drowning in debt, you may be considering filing for bankruptcy as an option. At the Law Office of Giles W. King in Southaven, Mississippi, I work closely with clients to determine where they stand financially and whether Chapter 7 bankruptcy is a good option for them as they seek a fresh start.
Dealing with a deteriorating financial situation can be overwhelming. Whether you are new to this situation or have been struggling with this debt for years, a good bankruptcy lawyer can help you put your financial problems behind you and achieve a fresh start.
Contact me today to schedule your free initial consultation. I will sit down with you at my suburban Memphis, Tennessee, office and tell you everything you need to know about Chapter 7 bankruptcy.
Is Chapter 7 Bankruptcy Your Best Debt Relief Option?
Chapter 7 allows people to discharge certain unsecured debt while holding onto some of their more desirable possessions. Filing for Chapter 7 can be a good option for people struggling with debts related to:
- Credit cards
- Medical bills
- Signature loans
- Unsecured personal loans
- Cash advances
- Overdrawn bank accounts
How Does the Process Work?
In order to determine whether Chapter 7 is the right approach for you, I will begin by looking at your income, credit reports and loan agreements. I will gather all relevant information to include in your bankruptcy filing with the court. Within the next 30 to 45 days, there will be a meeting involving you and your creditors, where they will have the chance to question or challenge the bankruptcy.
Usually within 60 to 90 days, the court will approve your bankruptcy and discharge eligible debts. This is your chance to start over with your finances and rebuild your credit. You will be required to go through credit counseling in order to learn more about managing your finances and staying out of debt in the future.
Do You Qualify? Contact Me to Find Out
There is a means test for Chapter 7 bankruptcy. Most people who fail to qualify for Chapter 7 are eligible for Chapter 13. To speak with me about your bankruptcy options, call 662-298-4597 or 888-549-3902.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.