Bankruptcy
In addition to being emotionally taxing, bankruptcy proceedings can be tricky. They require attorneys to have both a deep understanding of the filing procedures, as well as the experience necessary to recognize all of the options available to a client facing bankruptcy. That’s why Pelletier Law Group works tirelessly to broker the most advantageous bankruptcy plans and give their clientele the best possible outcomes.
Chapter 7 (of the US Bankruptcy Code) - A petition filed for an individual to liquidate assets and settle or discharge debts.
Chapter 11 (of the US Bankruptcy Code) - A petition filed for a business to reorganize its assets and liabilities and settle or discharge debts.
Chapter 13 (of the US Bankruptcy Code) - A petition filed to request more time to pay back debts, provided that the debtor is earning a steady income.
Filing for bankruptcy can offer long-term benefits and consequences for the finances of a debtor and their family. For more information on how to best protect your assets and minimize damages, contact Pelletier Law Group by calling or emailing us today.
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