Free Consultations Serving the Entire Wilmington Area
Bankruptcy Lawyer Serving Wilmington, NC
Debt is a reality for most people, and some find that they have more debt than they can comfortably manage. When debt and payments spiral out of control, bankruptcy looms as a possible option for relief. While some people have a negative perception of bankruptcy, James S. Price Bankruptcy Attorney wants to show that this is a great option for people who struggle with debt.
If you’re considering bankruptcy to help find debt relief and financial freedom, you need a bankruptcy attorney to walk you through the process. We can help. We serve Wilmington, NC, and the surrounding area, so give us a call today.
Is Bankruptcy Right for You?
If you have payments that you can’t make and mountains of debt that you can’t climb, bankruptcy may be the solution for you. Two methods of bankruptcy exist, and both have different uses and benefits:
- Chapter 7: Chapter 7 is focused on erasing your debts completely. This liquidation process can clear some or all of your debts. However, you will have to surrender assets in order to do so. The assets you have to give up will depend on your personal debts and unique situation.
- Chapter 13: Chapter 13 doesn’t discharge any of your debt, but it allows you to create a new three- or five-year payment plan. Your new plan can be much easier to pay off, and you get to keep your assets as well.
Both of these options are helpful, and when you come to us for bankruptcy help, we can walk you through your case to decide which is best for you. We have years of experience helping Wilmington, NC residents find the debt relief they need, so give us a call today at 910-791-9422 to talk to a bankruptcy lawyer.
Eliminate Debt & Get a Fresh Start!
Stop: Foreclosure, Judgements, Demeaning Phone Calls
Save: Your Home, Automobiles, Personal Property
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