Copperstone provides Tucson’s most effective Chapter 7 and Chapter 13 filings
Chapter 7 bankruptcy
Chapter 7 under Title 11 of the U.S. Code (Bankruptcy Code) governs the procedures for bankruptcy liquidation, which is the most common type of insolvency filing. If you or your business is deep in debt and you’re unable to service your obligations or pay creditors, you may consider filing for bankruptcy under Chapter 7.
If your application is accepted for Chapter 7, a trustee will quickly be appointed. The trustee has broad authority to review your finances. Generally, the trustee liquidates all assets and apportions the proceeds to your creditors.
If your problems are due to unsecured debts like medical bills, or credit cards and other unsecured personal loans, then Chapter 7 bankruptcy is probably the best solution for you. Upon liquidation, all your active debts are disposed, the financial pressure is lifted and you’re free to move onward in life.
Copperstone P.C. is Tucson’s most effective bankruptcy law firm. We can help you quickly gain relief from your creditors through Chapter 7.
Chapter 13 bankruptcy
Chapter 13 of Title 11 of the U.S. Bankruptcy Code governs procedures for reorganization bankruptcy, which generally leaves the debtor in possession of key assets for at least a three-to-five-year period of reorganization.
Under Chapter 13, you and your bankruptcy attorney can propose a plan for financial reorganization and debt consolidation while shielded by the bankruptcy court from the actions of creditors.
Chapter 13 bankruptcy can stop banks and mortgage companies from foreclosing on your home. If you have a regular source of income, skilled Tucson bankruptcy attorneys like Copperstone can work to save your home. Fortunately, bankruptcy judges have the power to approve a Chapter 13 plan without obtaining the approval of creditors, so long as your plan meets the statutory requirements.
Copperstone can help you keep your home and your other valuable assets. We can create a winning bankruptcy reorganization plan that makes sense for everyone and is likely to be accepted by the judge.
Take control of your financial future and feel immediate debt relief
Whichever type of bankruptcy you file, the court will immediately order a “stay” so that creditors must stop bothering you. This gives you some breathing room while Copperstone P.C. works with the court to examine your financial situation and craft a solution for your debts.
For quick relief from debts, call Copperstone
The Law Offices of Cheryl K. Copperstone, P.C. offer Tucson’s most effective legal filings for Chapter 7 and Chapter 13 bankruptcy. We can help resolve your debts and mortgage problems so you can focus on making progress in your life.
For free consultation with Tucson’s leading bankruptcy lawyers, just call 520-628-8888