Madison Bankruptcy Lawyers & Attorneys
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If you, like thousands of other Americans, are overwhelmed with debt and seeking relief, count on our Madison bankruptcy lawyers to consult with you, in person or over the phone. Currently, our Madison bankruptcy attorneys charge a fee of $850 for most Chapter 7 bankruptcy filings in Madison County and the surrounding areas. There is also a filing fee of $335.00 that the Bankruptcy Court charges when the case is filed. There is also a small fee for pulling your credit report (normally about $30), and there are 2 courses: a debt management and a credit counseling course that you need to complete. The combined cost for both courses are around $45 and each one usually takes about an hour to do online . If you live in Madison or the surrounding areas of Huntsville, Scottsboro, or Mooresville then you will likely be filing your bankruptcy in the United States District Court, Northern District of Alabama, Northern Division. In a Chapter 7 bankruptcy, you will have a hearing called a Meeting of the Creditors. If you live in the City of Madison then your bankruptcy hearing will be in downtown Huntsville.
The combined costs (including attorney fees, filing fees, and all additional fees) to file a Chapter 7 bankruptcy are typically about $1260 with our Madison bankruptcy lawyer. If your case has no assets involved, then a Chapter 7 bankruptcy may very well be a simple process. The main concerns in a Chapter 7 are qualifying to file and ensuring all assets are protected. Qualifying to file is based on household income and family size. Call our local Madison County bankruptcy lawyer today for more information.
Bankruptcy Lawyers in Madison
Our Madison bankruptcy lawyer will discuss your financial situation and help you determine if filing bankruptcy makes sense for your specific circumstances. We can consult with you over the phone or in our Madison office on Madison Boulevard. Should you be looking into bankruptcy in Madison County, Alabama then give us a call today.
For those that have become overwhelmed with debt, The United States Bankruptcy Courts are there to provide debt relief. Chapter 7 bankruptcy allows you to completely eliminate your unsecured debts such as medical bills and credit cards quickly – as fast as 3 months from the filing date. Since there are no properties securing these debts, they are called unsecured debts. While most unsecured debts can be discharged in a Chapter 7 bankruptcy, there are some specific types that are not dischargeable such as student loans and some tax debts.
Our Madison bankruptcy attorney can help determine whether you qualify for Chapter 7. Sometimes a Chapter 7 bankruptcy may not be the best choice and a Chapter 13 might be preferable for your particular situation. Chapter 13 bankruptcy is a payment plan, where you pay back some or all of your debts over a 3 – 5 year period.
Filing for Bankruptcy in Madison
Should our local lawyers be filing your case in Madison County or the surrounding areas of Huntsville, Scottsboro, or Mooresville, then it will be filed in the U.S. District Court for the Northern District of Alabama, Northern Division. Which Bankruptcy Court your case is filed in generally depends on the county in which you reside. This means that if you live in Madison, Morgan, or Cullman County then your case will be in the Northern Division. Our local bankruptcy attorneys will make sure you file in the correct jurisdiction, since filing incorrectly can cause your bankruptcy to be dismissed.
Our Madison bankruptcy lawyer will file your case and then about a month later, you will need to attend the Meeting of the Creditors. For those that file for bankruptcy in the Northern Division, your Meeting of the Creditors will be held in either the U.S. Courthouse in Decatur or one of the satellite courthouses in Florence or Huntsville. This meeting is for the Trustee in your case and any creditors to ask you questions under oath. However, most of the time no creditors actually show up and the Trustee will just ask you a few simple questions. After the Meeting of the Creditors, you should have no additional hearings in a no asset Chapter 7 case.
You do have to complete a financial management course while your case is pending, but this can usually be done online. Additionally, you might have to sign some documents to be filed with the Court during your Chapter 7 case such as a reaffirmation agreement, but these will not typically require you to go to Court and can sometimes be approved without a hearing.
Attorney Steven Harris is a proud member of the Huntsville Chamber of Commerce and the Better Business Bureau for North Alabama. The Harris Firm regularly files bankruptcy cases in the Northern Alabama area and we are familiar with the requirements in this jurisdiction. Our local bankruptcy lawyer can answer your questions about the process either in person or over the phone. If you would like to speak with our Madison bankruptcy attorney, then give us a call today.