SPECIALIZING IN CREATIVE INSOLVENCY SOLUTIONS.

Bankruptcy is a legal proceeding to assist you in resolving your financial problems. It can be filed by a person or company that owes money but cannot pay its debts on time. As soon as a filing occurs, all legal activity must stop and no creditor can act without court permission. All collection activity, garnishment, foreclosure, or repossession efforts must stop.

The debtor is the person that owes the money and files the bankruptcy. The creditor is the party that is owed the money. The proceedings are governed by the United States Bankruptcy Code.

The most common bankruptcy proceedings are called; Chapter 7; Chapter 11; and Chapter 13.