BANKRUPTCY & COLLECTIONS
Bankruptcy & Collections Attorneys
Bankruptcy Services
If you're considering filing for bankruptcy, you'll need clear answers to questions such as: "Do I qualify for a Chapter 7 bankruptcy," and "If I file, will I lose everything?"
The bankruptcy attorneys at Connolly Tacon & Meserve can provide you with answers to important questions like these, and help you determine the best course of action. Our goal is to provide insightful legal guidance to resolve your bankruptcy quickly.
About Chapter 7 Bankruptcy
If you don’t have the ability to pay your debts, or you would like to come current on a delinquent debt, a Chapter 7 bankruptcy erases most debts. Specifically, this form of bankruptcy erases most unsecured debts and utilizes state or federal exemptions to leave the majority of your assets in your possession. This is the most common form of bankruptcy.
Non-Dischargeable Debts and Bankruptcy
Chapter 7 Bankruptcy does not erase all debt. You may still owe non-dischargeable debts whether you file for a chapter 7 or chapter 13 bankruptcy.
These debts include but are not limited to:
- Student loans
- Most taxes
- Criminal restitution
- Most fines
- Domestic support obligations
- Property settlements
- Debts not listed in bankruptcy filings
About Chapter 13 Bankruptcy
If you have the ability to pay all or part of your debts, you may be eligible for a Chapter 13 Bankruptcy. A repayment plan will describe in detail how you will pay each of your debts. Upon the completion of the plan, your remaining unsecured debts are discharged. The length of the repayment plan may be as long as 3-5 years depending on your income, debts, and monthly expenses.
Collections Services
If you are being sued for money or if you are owed money, the business attorneys of Connolly Tacon & Meserve can help. We always keep in mind the likely end result of litigation, and strive to obtain results for our clients that are beneficial and cost-effective.
We provide legal service for collections, including:
- Money judgments
- Foreclosures of mortgages and deeds of trust
- Wage and bank account garnishments
- Writs of execution (seizure of real and personal property)