A Bridge Out of Debt: Chapter 7 and Chapter 13 Bankruptcy
Mounting medicals bills, credit card debt or mortgage arrears can be overwhelming, especially when creditors are hounding you and threatening legal action. The law firm of Ivey, McClellan, Gatton & Talcott, L.L.P., can help you deal with your financial problems. Through personal bankruptcy or alternatives, we helped hundreds of clients end their debt crisis and make a fresh start.
Whatever your circumstances, we are confident we can help you build a bridge out of debt. We represent individuals and couples in Greensboro, Winston-Salem and the Triad region as well as debtors in Moore County, North Carolina.
Take action today to stop the creditors and to start feeling peace of mind. We offer free initial consultations with experienced bankruptcy lawyers.
Exploring Personal Bankruptcy and Your Debt Relief Options
Everyone has debt, but every case is different. Our goal is to help you manage your debts in a way that will protect your house, your car, your retirement accounts and business assets. We take the time to understand your financial picture and educate you about the options:
- Chapter 7 bankruptcy eliminates unsecured debts such as credit card bills, medical bills, judgments and even certain back taxes. We can determine if you are a candidate for Chapter 7 discharge of debts, based on your income, asset base, secured debts and other factors.
- Chapter 13 bankruptcy halts creditor actions such as foreclosure, repossession and wage garnishment while you pay back a portion of debts over three to five years. Chapter 13 is an option for people who cannot file Chapter 7 because they earn too much or have mortgage arrears and other nondischargeable debts.
- Chapter 11 bankruptcy may be an option for individuals with high incomes who do not qualify for Chapter 7 or 13. Owners of small businesses also have options through Chapter 11 (reorganization) or Chapter 7 (liquidation).
- Debt settlement through direct negotiations with creditors may allow you to cut debts down to a manageable size without filing for bankruptcy.
- Debt management may be an alternative to bankruptcy. Our staff offers credit counseling services to help clients get their finances under control and develop a plan for getting out of debt.
Among the qualifications of our attorneys, three are North Carolina State Bar-certified specialists in business and consumer bankruptcy law: Charles M. Ivey III, James K. Talcott and Dirk Siegmund. We also have attorneys who worked for Big Four accounting firms and continue to be certified public accountants (CPAs). Several of our attorneys have been recognized in Super Lawyers magazine and have received AV Preeminent and BV Distinguished ratings through Martindale-Hubbell.*
Winston-Salem Attorneys for Non-Bankruptcy Solutions:
Learn About Chapter 7, Chapter 13 and Bankruptcy Alternatives
We will take the time to understand your financial picture, discuss your goals and educate you about your options. Reviewing your budget, we can help you address underlying financial problems and put together a plan for the future. We work collaboratively, meaning that when you hire one of our consumer bankruptcy lawyers, you will have the skills and knowledge of our entire firm working for you.
Contact us today to discuss your case with a Greensboro consumer bankruptcy attorney.
*AV Preeminent and BV Distinguished are certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the bar and the judiciary. Martindale-Hubbell ratings fall into two categories: legal ability and general ethical standards.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
