Calera Bankruptcy Lawyers & Attorneys

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For individuals considering bankruptcy, our Calera bankruptcy lawyer is charging $850 for attorney fees in most Chapter 7 bankruptcy filings in Shelby County and Chilton County, Alabama. If you have any questions as you consider a bankruptcy, please reach out to our experienced bankruptcy lawyer Attorney Steven A. Harris over the phone. You will typically be able to speak and consult with him the same day. 

Filing a Bankruptcy in Calera

It is not uncommon for some people to find themselves inundated with debt due to things like medical bills, divorce, and other issues leaving them struggling and feeling like there is no way out. The United States Bankruptcy Code gives these individuals an opportunity to gain some debt relief and in many cases is the only option other than Calera Bankruptcy Attorneyspaying the debts in full.

Your specific circumstances dictate whether to file for bankruptcy or not. With just a few thousand dollars of credit card debt, it is likely a better option to  settle for that amount outside of bankruptcy by calling and offering them a lump sum amount of less than what you owe. For delinquent loans, collection agencies usually take much less than the full amount to settle a debt. If you’ve fallen behind on your mortgage and haven’t been able to come to an agreement with the mortgage company, then bankruptcy might allow you to keep your home and avoid losing it in a foreclosure sale. If you owe money on a car loan or mortgage and want to walk away from the property, you might be able to get rid of the entire indebtedness.

In a case such as this, you can file a Chapter 7 bankruptcy and get rid of all the debt on your car loan or mortgage and the creditor can only get what they can sell the property for. They cannot come after you for the difference in what they sell it for and what you owe. That amount can be discharged or eliminated in a Chapter 7 bankruptcy.

When most or all of your debts are credit cards, medical bills, old tax debts, or personal loans you can get rid of all of the debt in a Chapter 7 bankruptcy. If you cannot qualify for Chapter 7 then you can usually structure an affordable payment in a Chapter 13 if necessary.

Types of Bankruptcy to File in Calera

If settling your debts outside of bankruptcy is not an option, then deciding which type of case to file is very important. If you have a large amount of equity in your home or other property, then you may not want to file a Chapter 7 bankruptcy in Calera, Alabama. Calera bankruptcy lawyersIf you and your spouse have too high a monthly household income, then you might not be able to qualify to file a Chapter 7 bankruptcy in Shelby County, Alabama.

There are other considerations such as keeping a home that is in foreclosure. If you are delinquent on a mortgage or car loan, then Chapter 7 bankruptcy will usually not help keep the property, while a Chapter 13 may help you do so. Usually, if you do not have a lot of equity in your house, vehicles, or other property and your household income is low, you should be able to file Chapter 7 and get rid of your debts fairly quick and easy.

You should definitely consult with a local Calera bankruptcy lawyer when making the decision about which type of bankruptcy to file, if any. Our local bankruptcy attorney in Calera will be happy to speak to you today and go over your options over the phone or in person. 

Bankruptcy Attorney in Calera

If you live in Calera or the surrounding areas of Helena, Chelsea, Alabaster, Pelham, Vincent, Montevallo, or Columbiana, then you will likely be filing your bankruptcy in the United States District Court, Northern District of Alabama, Southern Division. In a Chapter 7 bankruptcy, you will have a hearing called a Meeting of the Creditors. If you live in the City of Calera then your bankruptcy hearing will be in downtown Birmingham.

Our Calera bankruptcy lawyer will accompany you to this hearing. Present at this hearing will be a person called a trustee, since there is usually no judge, who will ask questions about your property or your financial situation in general. When filing a Chapter 7, you will get a discharge approximately sixty days post hearing. In a Chapter 13, the case can stay open for years while you make your monthly payments.

Our local Calera bankruptcy attorney is a member of the Shelby County Bar Association and the Central Alabama Better Business Bureau. If you are considering filing for debt relief, then let our Calera bankruptcy lawyer answer your questions today and help you make the best decision for you and your family.