Many people need help getting their finances and debts under control. Bankruptcy is a legal process that helps those who owe money (“debtors”) get relief from the debts they cannot pay. At the same time, bankruptcy helps people who are owed money (“creditors”) get paid from the property or assets the debtor decides they don’t need to live.
To decide if you should file for bankruptcy, our attorneys will help you determine the following:
- What alternatives you have to filing for bankruptcy
- What type of bankruptcy is the best option for you
- Which of your debts will be eliminated in the bankruptcy
When considering filing for bankruptcy, we highly recommend you speak with an attorney from Mlnarik Law Group. Bankruptcy is a specialized area of law that is very complex; if you make a mistake when filing, your entire case may get dismissed with a 180-day penalty before you can refile.