Debt Relief

Debt Relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth.

If you are facing foreclosure, lawsuits, liens, repossession or wage garnishment, a qualified debt relief lawyer can help find the best option to help eliminate debt immediately.  An experienced debt relief lawyer can provide you with the quality legal advice and representation you need to navigate through actions such as debt negotiation, debt consolidation, credit card debt relief, bankruptcy filing and/or foreclosure proceedings.

Call us to get the answers you need to choose the right solution for your financial future.  We employ all legal means available to stop harassing phone calls and letters.  We’re here to help.

Please review our site and see what we may be able to offer you.
Feel free to Call us at (336) 379-9416.

 

 This site and its information is not legal advice, nor is it intended to be. Contacting us does not create an attorney-client relationship. Get in touch by electronic mail, letters or phone calls. Do NOT send any confidential information to us until an attorney-client relationship is established. Information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. Information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship. Consult an attorney for advice about your individual situation.

Bankruptcy

A business or an individual can declare bankruptcy once they have ascertained that it has become impossible to pay off one’s creditors. It can give you a chance to start over from a financial point of view, as most of debts are relieved after bankruptcy as been filed.

Chapter 7, or liquidation bankruptcy, means that your “estate” is sold in order to pay off your creditors.  (selling your assets)

A reorganization bankruptcy can also involve the selling of assets, but more often than not you can retain a majority of your assets while your creditors’ needs are assessed. Reorganization bankruptcies can be filed under the following guidelines:

Chapter 9 – municipalities

Chapter 11 – businesses and individuals with many assets

Chapter 12 – farmers, fisherman

Chapter 13 – individuals with steady income

Chapter 15 – international cases

Contact us today to learn more about your options under the current bankruptcy laws.

Ralph W. Gorrell, Attorney At Law is here to help.  Please review our site and see what we may be able to offer you.  Feel free to Call us at (336) 379-9416.

 

[box type=”info”] Information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship. Consult an attorney for advice about your individual situation.This site and its information is not legal advice, nor is it intended to be. Get in touch by electronic mail, letters or phone calls. Contacting us does not create an attorney-client relationship. Do NOT send any confidential information to us until an attorney-client relationship is established. Information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. [/box]