Compassionate And Accessible Legal Advocacy For Alabama

Seeking Freedom From Debt Through Bankruptcy

Nearly all Americans have debt. Most of the time, it is manageable. But it can become overwhelming for those who experience a job loss, medical emergency or some other misfortune. Once that happens, bankruptcy may be the best option for a fresh financial start.

Bankruptcy is a complex issue that should not be taken lightly. If you are considering bankruptcy as a solution to debt, you should discuss it with a knowledgeable legal adviser like our lawyers at Cooper & Cooper, Attorneys at Law, LLC. With over 40 years of combined experience, our attorneys are ready to explain your options, help you file the correct paperwork in a timely fashion and guide you through the bankruptcy process.

How Chapter 7 Works And How It Can Work For You

Chapter 7 bankruptcy generally helps you cancel many of your debts, meaning they will be forgiven and do not need to be repaid. However, it may require you to liquidate some of your property to help pay partially repay creditors. Generally, the whole process can take up to six months.

Types of debt that can be discharged through Chapter 7 include:

  • Medical bills
  • Collection agency accounts
  • Many types of loans
  • Utility bills and fees
  • Credit card debt

Not all types of debt are dischargeable. Student loans and child support obligations are two prominent examples of debt that cannot be forgiven in bankruptcy. Depending on the type of debt you have and your income level, Chapter 7 may not be right for you. In such cases, Chapter 13 bankruptcy is often a suitable alternative.

Speak To An Attorney – Contact Us Today

If you want to learn about your bankruptcy options and obligations, contact our experienced attorneys at Cooper & Cooper, Attorneys at Law, LLC, for a consultation. We are based in Auburn and Phenix City, and we serve clients throughout the surrounding parts of Alabama. To get started, call us at 334-521-2735 or reach out online.