Stop the Harassing Calls and Protect Your Property
Are you buried in debt?
Are you constantly being harassed by creditors?
Have you received a notice of foreclosure?
Filing for bankruptcy can help you put an end to all of these problems. At Blazosek Law, we are dedicated to helping people stop the harassment and find relief from debt. I have more than 40 years of experience guiding clients through the bankruptcy process.
Secure Your Future and Keep Debt Under Control
Filing a bankruptcy petition can be complex; we are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code. Wipe out debts. Stop creditor harassment. Stop lawsuits. Keep your home. Work out your tax debts, property taxes and mortgage foreclosure proceedings.
Whether you're an individual, a homeowner, or a small-business owner, we'll provide you with the legal assistance and advice you need. Our attorney will properly file your petition and obtain a discharge of all debts allowed under the federal bankruptcy code.
Types of Bankruptcy Filings We Handle
Chapter 7 - Fresh Start
Chapter 7 bankruptcy is the form of bankruptcy involving the elimination of all or a portion of debt. In most cases you are able to keep your home, vehicle and personal property; as long as there is little equity and any loan payment is current.
What is the "means" test?
Under the Bankruptcy Abuse Prevention and Consumer Protection Act, in order for a debtor to qualify for Chapter 7 Bankruptcy, the applicant must pass a “means test.” Basically, it is the first determination as to your eligibility to file a Chapter 7 bankruptcy.
What are some types of debts that can be elimintated in a Chapter 7?
- Unsecured personal loans
- Auto accident claims
- Credit card debt
- Medical bills
- Veterans Assistance loans and over payments
- Certain civil court judgments
- Collection agency accounts
- Past-due rent
- Utility bills past due
- Social Security over payments
- Repossessions deficiency balances
What are some types of debts that cannot be eliminated in a Chapter 7?
- Child support
- Alimony
- Student loans
- Most income tax debt
- Sales tax
- Criminal restitution orders
- Accident claims involving DUI/DWI
How long does a Chapter 7 take?
A Chapter 7 case usually takes 4 to 5 months to complete.
How long does a Chapter 7 remain on my credit report?
A Chapter 7 bankruptcy will remain on your credit report for 10 years from the date of filing.
Chapter 10 - Reorganization
Chapter 13 is a consolidation and repayment form of bankruptcy for individuals with regular income. It provides protection from your creditors while allowing you to keep property and repay creditors in a manageable way. Based on the amount of your debts, income and living expenses, an attorney will help you establish a three- to five-year repayment plan. The plan payment amount is a set payment which is paid to a Chapter 13 Trustee, who distributes the money to your creditors. Chapter 13 bankruptcy is a good choice for individuals who have regular income, wish to retain property and repay their creditors in an affordable way.
What are some advantages of filing a Chapter 13?
- No interest on credit card and finance company debt
- No interest or penalties on tax debt
- Prevention of mortgage default
- Potential elimination of second mortgage lien debt
- Reduced interest rates on secured loans
- Reduction of the amount of secured loans to the value of collateral
- Repayment of child support arrears
How long does a Chapter 13 last?
Chapter 13 repayment plans usually take 3-5 years to complete.
How long does a Chapter 10 remain on my credit report?
A chapter 13 bankruptcy will remain on your credit report for seven to 10 years depending on the credit agency.