Life rarely goes in a straight line. There are so many twists, turns and unexpected events that make life maddening — and invigorating. But when it comes to your finances, the last thing you want is for unexpected events to disrupt your routine and financial stability. This could lead to bankruptcy, a disturbing word that can make many people shudder. It brings to mind quitting, or skirting out on your responsibilities.

However, this isn’t the right way to look at bankruptcy. It is an important legal tool that helps people get out of an untenable financial situation. In fact, it is really a solution to a problem, as opposed to being a problem itself.

How you got to where you are doesn’t really matter. If you had unexpected costs suddenly crop up; if you have been holding immense debt for a long time and you simply can’t keep up with it; or if your assets are being threatened; all of these circumstances could lead to someone filing for bankruptcy. And that bankruptcy could not only be freeing, but it could help you resolve some complicated and pressing financial issues.

Your finances and your specific circumstances matter in terms of what type of bankruptcy you file for. Chapter 7 and Chapter 13 bankruptcy differ in many ways, and one of these is the requirements for applying.

If you have questions about your particular situation or about what type of bankruptcy you qualify for, then get in touch with an experienced bankruptcy attorney.



Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.

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