Bankruptcy

Owing substantial amounts of debt can make life unbearable.  If you spend your days and nights worrying about how you will make your loan payments on time, if you use one credit card to pay another, or if you cannot afford to pay more than the minimum each month, you are most likely falling deeper into debt.  You should not be forced to continue struggling under the burden of oppressive debts.  The stress of living in debt can affect your physical and emotional health, and is often a leading cause of divorce.  Tolin & Tolin, PLLC can help you take action to deal with your debt.

Our legal team has decades of legal experience, and we have helped numerous families and individuals in your situation find a way to make a fresh start.  We treat each of our clients with professionalism and integrity, and we will work diligently to achieve the best possible result for you.  We understand that this is a difficult time for you, and when you come to our office you will receive an in-depth consultation from a compassionate bankruptcy attorney who will explain your options and help you find the solution which is best suited for you.

Debt Relief Solutions

Many of our clients choose to file for bankruptcy.  Whether you choose Chapter 7 or Chapter 13, bankruptcy gives you the opportunity to discharge your debt in a relatively short period of time.  Bankruptcy is the most extensive form of debt relief available.  We will guide you through every step of the bankruptcy process; helping you gather the necessary documentation, determining whether you will pass the means test, and maximizing bankruptcy exemptions to protect your assets.  We will do everything we can to assist you in pursuing the substantial benefits of the Bankruptcy Code.

Call us or visit our office today.  We are friendly and considerate, and will give you the attention you deserve.  You have options for getting out of debt, and our goal is to make the legal process easier for you.  We strive to build long-term relationships with our clients which extend beyond a specific case by providing the highest possible level of service and doing everything we can to help you make significant, lasting improvements in your life.

Getting Out of Debt

Bankruptcy offers a powerful form of debt relief to people who are struggling to keep up with their loan payments.  It allows you to relieve yourself of the majority of your debts in a relatively short period of time. At the end of the process you will be able to make a fresh start without the constant stress and worry that comes with owing more than you can afford.

It is advisable to work with a skilled bankruptcy lawyer from the beginning to maximize your chances of success.  Come to Tolin & Tolin, PLLC, where we have years of experience helping families and individuals with problems similar to yours.  We offer comprehensive legal services to help you get out of debt.

Why Hire a Bankruptcy Attorney

If you are considering bankruptcy, it is very important that you know all of your rights and options so that the process goes smoothly and correctly.  It is essential for you to be guided by a diligent bankruptcy lawyer so that you have all the facts and can effectively move forward.  At Tolin & Tolin, PLLC we have compassion for your situation.  We are here to help people restructure their financial lives and get relief from the stresses of overwhelming debt.  Read more reasons for hiring a bankruptcy attorney…

Avoid Foreclosure

An astonishing number of homeowners in Winston-Salem and Forsyth County have lost their homes to foreclosure, and many more have received notice of default on their mortgages.  If you have fallen behind on your mortgage payments, you must take action immediately to avoid losing your home.  Even if you are ready to move on, it is advisable to prevent a foreclosure.  Read more about avoiding foreclosure…

Bankruptcy Exemptions

If you have heard that declaring bankruptcy will force you to give up your house, your car, your jewelry or your family heirlooms, you have been misinformed.  The fact is that state and federal exemptions allow the vast majority of debtors to keep everything they own.  We have extensive experience with the applicable laws and will apply them judiciously to defend your personal estate.  Read more about bankruptcy exemptions…

Bankruptcy Myths

Many people hesitate to file for bankruptcy simply due to common myths about the subject.  If you are struggling under a substantial burden of debt, you should not let misconceptions and rumors prevent you from taking effective action to improve your life.  Meet with one of our attorneys to discuss your concerns and learn the facts, so that you can make an informed decision.  Read more about bankruptcy myths…

Chapter 7

Chapter 7 bankruptcy offers the most sweeping form of debt relief available under federal law.  It allows you to discharge nearly all of your unsecured debts, usually within a matter of months.  The process can be difficult, and it is easy to mistakenly disqualify yourself, so it is highly advisable to work with an experienced attorney from the beginning.  Read more about Chapter 7…

Chapter 13

Individuals who are not eligible for Chapter 7 bankruptcy are usually able to file under Chapter 13, which involves reorganizing your existing debts.  Instead of being forced to keep track of several loans, each with different due dates and minimum payment amounts, you will make a single payment each month for 3 or 5 years.  At the end of this period, you will be released from the obligation to pay any remaining balance.  Read more about Chapter 13…

Debt Litigation

Are you being sued by a debt collector?  If you fail to take action, the court may allow your creditor to sell your assets in an attempt to collect what you owe. This could place you in serious financial difficulty.  An attorney from our firm can represent you in court.  You have several options for resolving the situation, but it is vital to take action as soon as possible.  Read more about debt litigation…

Debt Relief

When you are over your head in debt, you have a right to seek relief.  Our firm is committed to helping individuals in your position find solutions for getting out of debt, and we know how to get results.  You are not the only person who is struggling with loan payments and monthly bills, and you deserve a second chance.  Read more about debt relief…

Discharging Your Debt

When you complete the process of declaring bankruptcy, the majority of your debts will be discharged.  You will no longer be obligated to pay on those discharged loans, and your creditors will be prohibited from taking action against you.  More of your income will be available to enjoy today and invest in tomorrow.  Read more about discharging your debt…

Foreclosure

If you have fallen behind on your mortgage payments, you are at risk of losing your home to foreclosure.  This could not only force you out of your home, it may also cause severe damage to your credit score.  We can help you fight to keep your house, but it is vital to take action as early as possible.  Read more about foreclosure…

Means Test

Chapter 7 bankruptcy will relieve you of the obligation to pay the majority of your debts.  It is a sweeping form of debt relief.  To protect creditors against abuse of this powerful legal instrument, Congress has instituted a means test which determines whether your income is sufficient to pay your debts.  An attorney from our firm can guide you through the Means Test analysis.  Read more about the means test…

Repossessions

Creditors have a legal right to claim the collateral used to secure a loan which has gone into default, but they are required by law to follow strict guidelines in doing so.  Proving a violation of your rights could help you get your car or other item back, and it may also be possible to intervene to prevent a repossession before it takes place.  Read more about repossessions…

Stop Credit Calls

You do not have to put up with incessant phone calls from creditors and debt collectors who use abusive language or threats to try to get you to pay.  As soon as you retain us to represent you, you can inform callers to speak with us about the situation.  We will work closely with you to resolve your debts so that you can live your life free from such annoyances.  Read more about stopping credit calls…

The Bankruptcy Process

Declaring bankruptcy is not a simple process, and it is advisable to work with an attorney who can help you achieve the best possible results.  It begins with filing your petition in court and ends with the discharge of your debts, but there is an enormous amount of paperwork and legal procedure along the way, with considerable potential for costly mistakes.  Read more about the bankruptcy process…

Bankruptcy Frequently Asked Questions

Am I qualified for bankruptcy?

How long does it take?

Do I have to hire an attorney?