Do you feel trapped in debt? You are not alone. Debt is a major problem, as increasing numbers of people in our community are falling behind on their loan payments, and many families are losing their homes to foreclosure. Owing large amounts of money can be stressful, and is a leading cause of divorce. If you continue paying the minimum payment on your credit cards and other loans or are using one credit card to pay the others, you may never get out of debt. It is time to take decisive action. A hard-working bankruptcy attorney from Tolin & Tolin, PLLC can meet with you at your earliest convenience for a consultation and to begin work on a plan for resolving the problems you face. We serve each of our clients with integrity and professionalism, and will work diligently to achieve the best result possible for you.
Declaring bankruptcy is the most sweeping form of debt relief available. Under Chapter 7, you will see the majority of your debts disappear within a matter of months, while a Chapter 13 bankruptcy allows you to be free from debt after a 3 or 5-year period of repayment. If you are currently living with the threat of foreclosure, or repossession, filing for bankruptcy will shield you with an automatic stay against creditor actions as soon as you submit your petition to the court.