Bankruptcy

In today’s struggling economy, it is not surprising that over one million Americans file for bankruptcy each year. Bankruptcy often is a major, life altering decision, however, many people find that filing for bankruptcy is the best option available. The bankruptcy process allows individuals to work out a plan to repay the money over time under Chapter 11, 12, or 13 of the United States Bankruptcy Code, or eliminate debt in Chapter 7. Using these processes is frequently the only process available to allow individuals to get out from under their debt and to obtain a fresh start. There are many organizations, agencies and banks that further help individuals filing for bankruptcy to re-build their credit and once again be able to qualify for loans.

When choosing an attorney it is important to find an attorney who is familiar with issues from the perspective of both the debtor and the creditor. This will help you navigate through the bankruptcy process in a much more concise and logical manner. When going through the bankruptcy process one needs to remember that it is not an end, but a new beginning and a fresh start in life.

At Franks, Gerkin & McKenna we are a full service law firm practicing in the areas of Personal Injury; Worker's Compensation; Business Law; Real Estate; Zoning; Wills’ Estate Planning; Probate; Divorce/Family Law; Criminal, Traffic and of course, Bankruptcy.

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