Providence Bankruptcy Lawyer  

Chapter 7 Bankruptcy in Rhode Island

Bankruptcy is meant to provide a "fresh start" for individuals who in many cases have fallen behind in their debt repayments and are no longer able to keep current with their bills. Chapter 7 bankruptcy specifically allows individuals to put their financial matters in order by reducing the amount of debt a person has to repay. People often find themselves burdened by debt because of a reduction in income, a medical setback, or an unexpected increase in expenses.

In Chapter 7 bankruptcy, most if not all of your "unsecured" debts can be discharged (meaning that the debt is wiped clean and you no longer need to pay it back). Unsecured debt includes credit cards, medical bills, utility bills, gambling debts, and any other debt that is not secured by property.

Avoiding Foreclosure and Automobile Repossession.

Many people who are considering bankruptcy want to know if they can save their home or their car. The debts associated with your house and your car are secured debts. And as long as you are up to date with your mortgage and car payments it is very likely that you can keep them. Each situation is different and would need to be assessed. However, at Corbett Law Office your initial consultation is free, and you and the attorney will be able to discuss your particular situation.

Whether you are eligible for Chapter 7 bankruptcy will be determined at your initial consultation. As long as you are eligible, then the rest of process is fairly straightforward. You will need to take a credit counseling class and provide detailed information regarding your income, expenses, and debts. Your case will be filed by this office, and then you will meet with a bankruptcy trustee, at which time you will be accompanied by the attorney.

Fees are also straightforward: there is a chapter 7 filing fee for each case which is paid to the Bankruptcy Court. Corbett Law Office charges a flat fee which is extremely competitive.

Stop Harassing Phone Calls

One of the benefits of filing for bankruptcy is that your creditors must stop all attempts to contact you. This means no more harassing phone calls. Of course, only you can decide whether bankruptcy is the right option for you. We will consider all of the ramifications and just what a bankruptcy will mean for you before making the decision to file. Almost no one wants to file for bankruptcy. It is an emotional and difficult decision to make. However, the law provides people with a way to deal with debt that has become overly burdensome, and after consultation at Corbett Law Office, you will be armed with the information you need to make this very personal decision. We will be with you every step of the way.

Corbett Law Office
CalArt Tower
400 Reservoir Avenue
Suite 3B
Providence, RI 02907
Phone: 401-467-9850
Fax: 401-941-8001

corbettlawoffice@yahoo.com
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