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Bankruptcy Attorney


The Purpose of Bankruptcy and the Fresh Start

The entire purpose of bankruptcy is to get you a financial fresh start. It does this by allowing consumers and businesses to eliminate or repay some or all of their debts under the protection of the federal bankruptcy code. In most cases, if you are eligible for bankruptcy, it will help eliminate your debt and/or lower your monthly debt obligations. Bankruptcy can help restructure your mortgage payments, vehicle payments, IRS payments and unsecured debt payments.

When most people hear the words Bankruptcy, they immediately think of rejection or failure. But this just isn’t true.

Bankruptcy is a legal way to take responsibility for your debt. It’s one of the most powerful tools out there to help people who are in an unwinnable situation.w

Types of Bankruptcy

Chapter 7

Liquidation for Small Business and Individuals.

Chapter 7 is a way for you to wipe out all of your debt and get a fresh start. If you are current on your home and vehicles and simply cannot afford your credit cards, medical bills or other debt, then a Chapter 7 may be right for you. On the other hand, if you are at a place where you cannot afford any of your bills and simply want to erase all your debt and start over, you may want to consider a Chapter 7. A Chapter 7 Bankruptcy is very fast and typically takes 4 to 6 months to complete. Once it’s over, your debts are discharged, which is another way of saying that your debts are legally forgiven.

Chapter 13

Reorganization for Small Business and Individuals.

Chapter 13 is a way for you to keep your property on your terms. This is accomplished by restructuring your agreements with your creditors. A Chapter 13 Bankruptcy creates a payment plan that fits within your budget. It allows you to take control of your financial situation and determine how your creditors are repaid. No matter how you found yourself in your financial crisis, whether it is unexpected events or bad choices, a Chapter 13 gives you the ability to turn it all around. If you are behind on your home, missed a car payment, owe the IRS, or have a garnishment, then a Chapter 13 may be right for you.

Everything You Need To Know

About Filing Bankruptcy

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Ronni Cal
Ronni Cal
6 August 2023
I’ve been with the Herrin Law Firm for 4yrs and they have been diligent, efficient and amazing advocates for me. Communication is stellar and the follow through and updates are consistent. I would highly recommend.
Julie Crittendon
Julie Crittendon
28 July 2023
Nick did a great job getting my case resolved.
Alisa Burns
Alisa Burns
24 July 2023
My experience with Herrin Law was outstanding. When I was experiencing a situation that needed an immediate solution, they came up with a plan, resolved the issue and relieved my stress. Great firm!
Kim Prine
Kim Prine
18 July 2023
Herrin law firm is wonderful. They’re all so polite and caring.
Ryan Limitless
Ryan Limitless
29 June 2023
My process with Herrin Law was done properly and extremely smooth with the result that I was looking for.
Craig Collison
Craig Collison
27 June 2023
If you have financial legal problems you need dealing with, it doesn’t get any better than this law firm! !! Very professional and they really are interested in helping you achieve your goals!! Highly recommended.
Vreitta Smith
Vreitta Smith
21 June 2023
When I initially presented my circumstances to Herrin Law Firm I was able to speak directly to my attorney immediately, come up with a plan and execute it. The firm handled my cause in a record time at an affordable rate. We essentially discuss an all inclusive payment agreement and I paid the fee and it eliminated being charged for emails, phone calls and text which saved me a lot of money and worries. Overall I was pleased with the way they handled everything. I did not once speak to the people I had an issue with once I turned my case over to them. He basically let me know what to expect and not to worry. They provided me with an excellent service, pinky swear.

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