Chapter 7 Bankruptcy Lawyer
Debt Relief In West Virginia And Maryland
You go to sleep worrying. You dread waking up. You avoid opening the mailbox or answering the phone. If your debts have taken over your life or creditors are taking legal action, it’s time to consider bankruptcy.
With the help of an experienced lawyer, you can wipe many of your debts clean and get a fresh financial start. I am James E. Smith II, a Chapter 7 bankruptcy attorney in Keyser. In 31 years of practice, I have helped hundreds of West Virginia and Maryland clients get out of debt.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy will not cure all your financial problems, but it will give you immediate relief from creditors and allow you to reset your finances.
If you qualify under Chapter 7 of the Bankruptcy Code, you can:
- Discharge certain debts completely
- Stop creditor actions such as wage garnishment
- End creditor harassment
- Keep your exempt property
- Resume a normal life
Most of my clients are able to keep their homes, cars, retirement savings and other assets. (Only assets not covered by the bankruptcy exemptions are forfeited.) On the day that your petition is filed with the court, all creditor actions and collection efforts must halt. Once your debts are discharged, you do not owe anything.
|Who Can File Chapter 7?
Chapter 7 is for individuals, couples and families who are unable to pay their debts and who pass the income “means test.” You may not be a candidate if you earn too much, are behind on mortgage payments or stand to lose nonexempt property. I also help clients file or convert to Chapter 13, which stops foreclosure and other creditor actions but requires partial repayment of your debts.
Explore Your Debt Relief Solutions
Bankruptcy is a big step. I can help you separate fact from fiction to make an informed decision. (You won’t lose everything. You won’t ruin your credit rating.)
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.