Chapter 7 Bankruptcy is best suited for individuals and companies with financial difficulties, who do not have the ability to pay their debts in any reasonable amount of time.
A Chapter 11 Bankruptcy is designed for businesses and individuals with financial difficulty who do not have the ability to pay their obligations in a timely manner.
A Chapter 13 Bankruptcy is utilized for individuals with regular income who are temporarily unable to pay their debts, Chapter 13 Bankruptcy is not available for businesses.
With over 25 years of bankruptcy experience, Phillip K. Wallace has the knowledge needed to guide you through the bankruptcy process. He is always there to help present you with your options moving forward, educating you along the path of financial restoration. Contact us today for your free consultation.
Since bankruptcy is a serious matter, the economic situation and finances of the individual or the company must be examined thoroughly prior to any bankruptcy filing. We will arrange a free consultation to assist you to determine and decide if bankruptcy is the right choice to assist you in gaining relief from your debt.