Filing for protection under the Bankruptcy Code is never an easy decision, especially for individuals who worked hard all their lives, and are now at an age when they hoped to be retired but are working to pay bills and are barely able to get by. Many people in their 60’s, 70’s and even 80’s find themselves being hounded by telephone calls from collectors because they are unable to pay their creditors. Many times there has been a death of a spouse, unexpected health issues which prevent them from working, or overwhelming medical bills from hospitalizations, which have created an unfortunate inability to repay debts.
The firm will meet with you to discuss all of your options, including whether filing bankruptcy is the best option for you. The firm assists persons with Chapter 7 Bankruptcy cases, which are cases in which there are no assets with which to pay the creditors. Sometimes, there are alternatives to filing bankruptcy, and we are able to negotiate the balances owed to a more reasonable amount. We provide a free consultation to discuss the many possible options available to distressed debtors. The link below provides additional information that you may find helpful.