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Bankruptcy

Do I Need a Bankruptcy Attorney?

Filing Bankruptcy is one of the most important decisions of your life! You need an experienced bankruptcy attorney to assist you in deciding whether or not bankruptcy is appropriate for your circumstances. Additionally, only an experienced attorney can advise you as to which Bankruptcy Chapter is in your best interest.  The advice you receive from your attorney will determine what property you will be able to keep and how much debt you can eliminate, after your case is filed. The Amerio Law Firm can provide you with the advice you need to keep some, or all of your property, and eliminate as much debt as possible under the United States Bankruptcy Code.

We will guide you through the difficult process and represent you at your bankruptcy hearing. The Amerio Law Firm will hold your hand through every step of this very difficult time in your life and even attempt to help you rebuild your credit!

Chapter 7 Liquidation

Chapter 7 Liquidation is the most common form of consumer bankruptcy. It is generally the best option for consumers with smaller amounts of debt and those who do not have a lot of valuable property. The Amerio Law Firm will help you decide if this is the best option towards getting a fresh start!

Bankruptcy Law has the ability to discharge certain debts to give you a "fresh start".  Some types of debts may not be discharged by filing bankruptcy.   However, filing bankruptcy to discharge most debts may be in your best interest.  Each bankruptcy case is extremely unique and must be handled differently from any other case. For this reason, it is very important you hire an experienced bankruptcy attorney to handle your case!

Chapter 7 Bankruptcy takes anywhere from four weeks to years to complete, depending on your case.  Most simple cases are over in less than a year.

Even though some cases take several months, an Automatic stay goes into effect upon filing a bankruptcy petition.  This automatic stay is a Court Order that stops all the people you owe from attempting to collect your money to satisfy a debt.  Although there is a Court Order some creditors will still try to contact you. The Amerio Law Firm will deal with harassing creditors and do what it takes to stop the harassment!

Many people believe they will not be able to keep ANY assets after filing Bankruptcy. THIS IS NOT TRUE!! Contact Amerio Law Firm and we will examine your case and tell you what property you are entitled to keep under the Bankruptcy Code.

Once your case is filed in Federal Court, the Court appoints a A bankruptcy trustee to handle your case.  The trustee will conduct a hearing with you and your attorney to examine your petition and make sure you have properly disclosed all your debts and assets.  If there is property you will not, or cannot keep, after filing your case, the trustee is in charge of selling your property and giving the money to your creditors.

Additionally, your creditors are allowed to attend your hearing with the trustee and are allowed to ask you questions about your finances.  It is very wise to have an attorney present at your 341 Meeting of Creditors for this reason.

After the Meeting of Creditors, if all goes well, you will receive your notice of discharge in the mail.  The discharge of debts means you are no longer legally responsible for your debts. 

After your discharge, you can begin your FRESH START. At The Amerio Law Center we can assist you in rebuilding your credit after bankruptcy.  Contact us today to discuss how you can get a FRESH START!

What Chapter Should I File?

Determining what Chapter to file is very important in your decision to file Bankruptcy. Your choice depends on many factors, and every case is unique.  Debt Evaluation must be done on a case by case basis by an experienced bankruptcy attorney!  At The Amerio Law Firm we offer a free debt evaluation to determine what type of bankruptcy is best for you.

Contact us today for a free debt evaluation!

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.