If you are considering filing for bankruptcy in Washington State you are not alone.
Over one million people around the country file bankruptcy each year and numerous notable individuals have filed bankruptcy such as Walt Disney, Mark Twain, Donald Trump and Larry King.
At Attorney Bankruptcy Services our bankruptcy attorneys have filed bankruptcy for people from all walks of life.
Our clients have included doctors, lawyers, accountants and business owners... no one is immune from debt problems.
As prominent Seattle bankruptcy lawyers we have broad experience in every type of bankruptcy case you could imagine.
As anyone facing bankruptcy is well aware, one's inability to pay credit or debt obligations most often stems from one of several reasons:
When deciding whether to file bankruptcy, you should consult an experienced Washington bankruptcy attorney.
It is critical to fully understand our Washington bankruptcy laws in every aspect, and as Seattle bankruptcy lawyers who have been around the block in handling many detailed bankruptcy cases, we understand all the nuances of Washington bankruptcy law and can give you the complete service that you deserve.
When we consult clients on making the difficult decision to file bankruptcy, we usually start with what is called the debt-to-income ratio. This ratio compares your monthly income to your monthly living expenses and debt repayment obligations.
If you are seeking a Washington bankruptcy lawyer we have the experience and the knowledge to help you in the right direction to get your life back on track.
When hiring a Washington bankruptcy attorney experience counts, and the bankruptcy lawyers in our firm know how to get the best results possible in your individual case.
WASHINGTON PERSONAL BANKRUPTCY
A personal bankruptcy can be a Chapter 7 or Chapter 13. In certain, limited cases, an individual may file a Chapter 11.
When a personal bankruptcy is filed, an automatic stay goes into effect that protects the bankruptcy filer from most collection activity.
The automatic stay stops most lawsuits, garnishments, and acts to prohibit bill collectors from calling or writing the bankruptcy filer. The automatic stay also prohibits a mortgage lender from proceeding with foreclosure and an automobile lender from repossessing a bankruptcy filer's vehicle.
The two most popular types of personal bankruptcy, Chapter 7 bankruptcy and Chapter 13 bankruptcy are explained below. Further information regarding Chapter 7 and Chapter 13 can be found on the links available to the left.
If you want experienced help from considerate and compassionate Washington bankruptcy attorneys who treat you with respect and honor your time, then please contact us today so that we may help you out as soon as possible.
