Pelham Bankruptcy Lawyers & Bankruptcy Attorneys

Our local Pelham bankruptcy lawyer is currently charging flat fees for attorney fees in most Chapter 7 bankruptcy filings in Shelby County, Alabama. Speak to our bankruptcy lawyer over the phone if you are considering a bankruptcy but have questions you would like to ask an attorney. Normally he’ll be available to answer your questions the same day and answer most questions over the phone.

Thousands of people in the country find themselves absolutely inundated with seemingly impossible financial situations such as sky high medical bills, divorce expenses, or any number of unexpected life altering events. If you live in the Shelby County area and are drowning in debt, then call our Pelham bankruptcy lawyer today for a quick consultation over the phone. Our local bankruptcy attorney can help you make the right decision and explain the bankruptcy process and how it might help you out or your current financial situation.

Whether or not bankruptcy makes sense for your particular circumstances depends on many different factors. If you only owe a few thousand dollars, then settling outside of bankruptcy might be a better option. When the loans are delinquent, debt collection agencies are typically much more flexible in settling the debt. However, if it would costs significantly more money to settle your unsecured debts that it would to file a Chapter 7 bankruptcy then you should give our Shelby County bankruptcy lawyer a call today.

Should you be behind on your mortgage and not able to reach a solution with the mortgage company, then Chapter 13 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 debt through the Bankruptcy Court as well.

If you are surrendering vehicles or other property then a Chapter 7 bankruptcy might get rid of all the debt on your car loan or mortgage and the creditor should only be able to get what they can sell the property for. They should not be able to come after you for the difference in what they sell it for and what you owe, which is sometimes called a deficiency, since that amount may have been discharged or eliminated in your 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 plan in a Chapter 13 as well. Call our bankruptcy lawyer today for a quick consultation over the phone anytime.

If bankruptcy is the only way to settle your debts, then deciding which type of case to file is the next most important thing to focus on. Should you have a large amount of equity in your home or other property, then you might not want to file a Chapter 7 bankruptcy in Pelham, Alabama. You and your spouse might have too high a monthly household income and might not qualify to file a Chapter 7 bankruptcy.

Other considerations include thing such as keeping a home that is in foreclosure. Should you be in a delinquent status 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. Normally, if you have a decent amount of equity in your house, vehicles, or other properties and your household income is low, you should be able to file Chapter 7 and get rid of your debts fairly quick and easy.

Consulting with a local Pelham bankruptcy lawyer is highly recommended when making the decision about which type of bankruptcy to file, if any. Our local bankruptcy attorney in Pelham will be happy to speak to you today and go over your options over the phone or in person. If you need a bankruptcy lawyer in Gardendale or the surrounding areas of Helena, Chelsea, Alabaster, Calera, 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 Pelham then your bankruptcy hearing will be in downtown Birmingham.

After filing for bankruptcy, the Meeting of the Creditors or 341 Hearing is usually set for a month or so later. If you live in Pelham or the surrounding areas of Helena, Chelsea, Alabaster, Calera, Vincent, Montevallo, or Columbiana, then you will likely be filing your bankruptcy in the United States District Court, Northern District of Alabama, Southern Division .

Your Pelham bankruptcy lawyer will accompany you to this meeting. A judge won’t be present, only a person called a Trustee that will ask you questions regarding your property and financial situation. In a Chapter 7, you’ll obtain a discharge about sixty days after your hearing. In a Chapter 13, the case can stay open for years while you make your monthly payments.

Our local Pelham bankruptcy attorney is a member of the Shelby County Bar Association and the Central Alabama Better Business Bureau. Should you be thinking about doing something about debt relief, our Pelham bankruptcy lawyer can consult with you about your questions and guide you to making the right decisions for your financial situation.