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 us at 1-339-201-4285 or emailing us at pelletierlawgroupllc@gmail.com today.


 

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