Bankruptcy may be the best option – call for a free consultation

Perhaps you are facing a pile of medical expenses after being injured in an accident or your loved one has been diagnosed with a serious illness and the costs of treatment have left you struggling to make ends meet.

Regardless of whether your debt burden resulted from having built up unsecured debts or through no fault of your own, it’s important to understand that you have options for achieving relief and a fresh financial start.

Speak to a bankruptcy attorney: Call Now

Bankruptcy Is Intended To Provide Protection, Not Punishment

At FerrisWinder, PLLC, we offer hardworking people in Richmond and the surrounding Virginia communities with the information, resources and experienced representation they need to overcome their debt problems.

Bankruptcy can be a powerful solution for managing your debt. Although you may have heard horror stories about ruined credits or foreclosures, the truth is that bankruptcy provides protection from creditors, gives you breathing room to re-evaluate your finances, helps pay down or eliminates your debts, and the resources to use the money that you’re making to take care of what you really need.

By providing you with clear, straightforward information regarding bankruptcy, you can make intelligent decisions and take meaningful steps toward discharging debt and retaking control of your financial life.

The two most common types of bankruptcy filings we handle include:

  • Chapter 7 bankruptcy: Chapter 7 is often the most efficient and effective method for discharging your unsecured debts. In most cases, you can retain most of your possessions and property through a series of bankruptcy exemptions. Additionally, an automatic stay will go into place, requiring creditors to leave you alone and answer to your lawyer.
  • Chapter 13 bankruptcy: If you maintain a steady income or do not qualify for a Chapter 7 filing, Chapter 13 can provide a structured repayment schedule that helps you pay off your debt over three to five years. You can also protect your home from foreclosure, and achieve a discharge of your remaining qualifying debts at the end of your repayment period.

Many of our clients have found the process very helpful in lifting the burden of debt off of their shoulders. They quickly realize that bankruptcy is a useful tool, not a form of punishment. By working together, we can help you keep your home, stop garnishments, stop warrants in debt, stop repossessions, and often pay creditors back at pennies on the dollar. If we can answer any questions for you about the process, please don’t hesitate to give us a call.

Reach Out And Gather The Facts From A Team Of Experienced Attorneys

At FerrisWinder, PLLC, an experienced lawyer will be available at the firm between 9:00 a.m. and 5:30 p.m. to give you a free consultation to make certain that you qualify and hopefully get you on a manageable path toward debt relief. Speak to an attorney by calling 804-767-1800 

Your Questions Answered

Recent Posts / View All Posts

Is there a better time to file bankruptcy than others?

| Bankruptcy | No Comments
Is there a better time to file bankruptcy than others? Yes and No.

What should you do financially to get ready to file for bankruptcy?

| Bankruptcy | No Comments
How to get ready to file for bankruptcy

What Can Bankruptcy Not Do?

| Bankruptcy | No Comments
Bankruptcy cannot cure every financial problem.

What Can Filing for Bankruptcy Do for Me?

| Bankruptcy | No Comments
Filing for bankruptcy may help you eliminate the legal obligation to pay most or all of your debts

Timeshares and Bankruptcy

| Bankruptcy | No Comments
I have a timeshare I never use, much less afford, can I get rid of it in Bankruptcy? Of course, whether it is a deeded timeshare or not, you may…

I made a payment arrangement

| Bankruptcy | No Comments
We understand that you have contacted the creditor to work out a payment arrangement.  Unfortunately, this will not stop them from suing you.  A Bankruptcy proceeding will stop them in…

Bankruptcy Lawyers Near Me

| Bankruptcy | No Comments
Regardless of whether your debt burden resulted from having built up unsecured debts or through no fault of your own, it's important to understand that you have options for achieving…

Does Bankruptcy Stop The Garnishment Of My Paycheck Or Bank Account?

| Bankruptcy | No Comments
Yes.  In most cases... read more

Banks and Delinquent Mortgages

| Bankruptcy | No Comments
Bankruptcy can help you avoid judgments and foreclosure... read more