When you are suffering from crippling debt, it is easy to become overwhelmed. The calls from bill collectors, constant opening of past-due notices, and even loss of certain services due to the inability to pay can be a frustrating and emotionally-strenuous experience. Many people in this situation may be able to seek financial relief by declaring bankruptcy.
At Throop Law, we recognize that many people fall into financial dire straits by accident and not through irresponsibility or poor money management. People can fall into serious debt through a streak of bad luck, such as a natural disaster, a serious sickness, or any other unexpected major expense. For this reason, we encourage everyone to speak to our Richmond bankruptcy attorneys as soon as possible. We treat each client with respect and handle their issues with the utmost discretion and sensitivity. We wish to help all clients start rebuilding their credit and get their lives back on track.
Take the first steps toward financial freedom; call our Richmond bankruptcy lawyer today at (804) 464-3989 to learn more about bankruptcy and find out if it’s the right option for you.
At Throop Law, we offer guidance and assistance with declarations of Chapter 7 and Chapter 13 bankruptcy. Declaring bankruptcy can be a great option for many – however, you must meet certain requirements in order to be eligible.
Chapter 7 bankruptcy, in short, allows people to discharge the majority of their debt. While this may cost you some of your luxury possessions and impact your credit rating for up to 10 years, there are numerous benefits.
On the other hand, Chapter 13 bankruptcy allows people to establish a repayment plan. This type of bankruptcy is the best option for those who have a steady income that allows them to pay down their debt over time without losing their property.
Wondering if bankruptcy is right for you? Contact Throop Law today to learn more about bankruptcy and discuss your options further with our Richmoond bankruptcy attorney.