We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Bankruptcy is a constitutionally granted right to a fresh start.  There are two common forms of relief provided to consumers under the U.S. Bankruptcy Code.  The first, commonly known as Chapter 7 Bankruptcy, allows the debtor to discharge most debt and begin with a clean slate.  Chapter 7 has stringent qualification requirements which have to be met in order to successfully declare Chapter 7 Bankruptcy.  Chapter 13 relief is the latter form of consumer bankruptcy relief.  In a Chapter 13, the debtor enters into a payment plan to pay off his/her debt.  This plan is overseen by a court appointed Trustee and allows debtors to pay lower interest rates on their outstanding debts.


If your debts are becoming overwhelming and you are worried about losing your home, car, or other valuable possessions, then you may need to consider bankruptcy.  Contact attorney Stanislaw (Stanley) Skupien today regarding possible options.


Bankruptcy Information for Consumers

A Chapter 7 bankruptcy completely eliminates all “bad” debt, such as credit cards, medical bills, same-day loans, etc.  You may be able to keep your home and car by qualifying for the exemption amounts, or by signing a contract with the lender (“reaffirmation”) whereby your bankruptcy filing would eliminate all debt except the mortgage or car loan subject to the reaffirmation agreement.  At the same time, you have the right to surrender your home, car, or any other collateral, and obtain a discharge of the secured debt if you decide that to be in your financial best interest.

BANKRUPTCY STOPS CREDITOR ACTION!  Upon filing a petition for relief under the U.S. Bankruptcy Code, the law imposes an automatic stay on your creditors.  Essentially, the law forbids creditors from pursuing collection action, including phone calls, letters, and even court proceedings.  The debtor is given “breathing room” to step back and calmly reassess their financial situation.


Note: The material contained within this website is for INFORMATIONAL PURPOSES ONLY, and DOES NOT CONSTITUTE LEGAL ADVICE.  The material contained herein does not create any attorney-client relationship.  You should contact our office, or your attorney, directly in order to obtain legal advice on any specific issue or problem.  For a full disclaimer, click here.

© 2013 Stanislaw J. Skupien