Virginia Chapter 7 & 13 Bankruptcy Attorney
Understanding Your Personal Bankruptcy Options
In today's tough economic times, more people than ever are struggling with debt. If you have lost your job, if you are dealing with the threat of foreclosure, or if you are just struggling to make your minimum monthly payments, you are not alone. Get the peace of mind you deserve by talking over your legal options with a bankruptcy attorney who will not pressure you. At The Law Office of Kirk D. Berkhimer, we are happy to offer you honest and practical advice about your financial situation.
Contact our law office in Norfolk to schedule a free consultation. We serve clients throughout the Hampton Roads area.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is a type of consumer bankruptcy that liquidates debt. Certain assets may be sold off to settle debts with creditors. A means test is required to determine eligibility for Chapter 7 bankruptcy. If an individual is not eligible for Chapter 7, he or she may still be eligible for Chapter 13.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a type of consumer bankruptcy in which debt is reorganized. Debtors are set up on a three- to five-year repayment plan to settle debts with creditors.
Find out more useful information about bankruptcy.
Honest Legal Advice From a Lawyer Who Cares
The thought of filing for bankruptcy is stressful for many people. Bankruptcy misconceptions and misinformation are everywhere — and people struggling with debt don't always get honest and practical answers to their debt relief questions. Especially in today's economy, when so many people are struggling financially.
Attorney Kirk Berkhimer provides sincere and honest legal counseling to people struggling with debt. Your best course of action may not be filing bankruptcy, but rather consolidating your debt, negotiating with creditors, or another option. Whatever the case, you can count on our law firm for the kind of legal advice you would expect to receive from someone who truly cares about your legal concerns: because we do.
To speak to an experienced bankruptcy attorney in Norfolk, contact our firm today for a free consultation. Call 757-321-6803.
