Rhode Island Chapter 7 Bankruptcy Lawyer
What is Bankruptcy?
As a Rhode Island bankruptcy lawyer, I believe that bankruptcy can be used as a financial planning tool for people who are suffering from all kinds of debt.
Who can benefit from filing for bankruptcy?
People of all ages and from all walks of life can take advantages of the benefits of filing for bankruptcy. Bankruptcy is designed to give you relief from overwhelming debt, and regardless of where you are in life, you are entitled to financial freedom. The RI bankruptcy center specializes in debt relief, and you can make use of my extensive experience in Rhode Island bankruptcy law.
How does bankruptcy benefit debtors?
People who find themselves buried under a mass of debt (credit card, foreclosure, repossession, taxes, and medical debt) can file for bankruptcy before losing opportunities to build credit effectively. Following a Chapter 7 Bankruptcy you can build a strong financial future and without creditors chasing you down you will have the luxury of time.
What is Chapter 7 Bankruptcy?
Chapter 7 Bankruptcy was established under the U.S. Bankruptcy Code and allows you to eliminate debt without having to set up payment plans with your creditors. One of the primary purposes of Chapter 7 Bankruptcy is to provide relief to hard-working debtors by discharging debt – allowing honest individual debtors a fresh start. If you file for Chapter 7 Bankruptcy, you can generally still keep your assets (your home, cars and retirement plans). Very rarely will you lose anything and Attorney Stephen P. Levesque can make sure the process goes right.
Why do people choose Chapter 7 Bankruptcy?
Being swamped in bills is stressful, and debt often begets more debt – many people attempt to pay off existing debt with credit cards or by refinancing their homes. You do not have to take these drastic steps if you file for Chapter 7 Bankruptcy. Our Rhode Island ad Massachusetts bankruptcy lawyers can provide you with expert advice before it is too late.
Who can file for Chapter 7 Bankruptcy?
Not everyone is eligible for Chapter 7 Bankruptcy; unfortunately, there isn’t a standard test to figure it out. Sometimes people who make quite a bit of money are eligible, and sometimes people who make very little are not. If you’re a Rhode Island or Massachusetts resident considering filing for Chapter 7 Bankruptcy, your first step is to visit the RI Bankruptcy Center for a free consultation.
How can Stephen Levesque, and the RI Bankruptcy Center, help you?
I’m an established Chapter 7 Bankruptcy lawyer, Rhode Island based and with first-hand knowledge of how our court systems work. Although no two cases are identical, I know the ins and outs of Chapter 7 Bankruptcy law in Rhode Island and I will help you determine whether Chapter 7 Bankruptcy is right for you. I’m a local Chapter 7 Bankruptcy lawyer; Rhode Island residents are my focus and I care about helping them get out of debt.
When should you contact a Chapter 7 Bankruptcy lawyer?
As a Rhode Island bankruptcy lawyer, I see too many people who wait too long to get help. First they get harassing calls from creditors, then they get sued and finally their wages are garnished. Do not be embarrassed! No one at our firm is here to judge you or make you feel like a failure.
All too often, as a last resort, people ‘cash out’ their retirement before coming to my office. If you are at that point, please stop. Most of the time cashing out your retirement will only postpone the fact that you are in financial trouble. What often makes it worse is that you end up paying income taxes on the money you take out. Please consult with us before taking any drastic steps that could deepen your troubles.
Middle-aged people can get back on track before retirement by filing for bankruptcy, and funding kids’ education can be easier when creditors aren’t constantly calling and harassing you. During the later years, bankruptcy can provide the financial freedom to live life without the worries and stresses that come from mountains of debt.
Once debts are discharged or reorganized through bankruptcy, those who file can breathe a sigh of relief. They don’t have to worry about how they’re going to pay the mortgage, car payment and credit card bills all at once, and they’re finally able to relax knowing their financial future is secure.
Does debt affect people from all income brackets?
Debt can affect anyone, whether you’re constantly struggling to make ends meet or if you have a high-paying career. Don’t let someone tell you you make too much or to little to get relief. In addition, don’t let someone tell you you have too much or to little debt to qualify. Each case is different and must be evaluated one on one. Bankruptcy can provide relief to anyone who is eligible, and our Rhode Island and Massachusetts bankruptcy lawyers can help you determine whether bankruptcy is an option for you.
What types of bankruptcy are available?
There are two common types of bankruptcy that can benefit individual debtors:Chapter 7 Bankruptcy and Chapter 13 Bankruptcy. The bankruptcy attorneys in my office specialize in helping people just like you overcome their debt and work toward financial freedom. If you aren’t sure if bankruptcy is right for you, or if you don’t know which type would be more appropriate for your situation, I’ve provided comprehensive information on Chapter 7 Bankruptcy and Chapter 13 Bankruptcy on this site.
Please feel free to contact my bankruptcy lawyer RI office at (401)490-4900 for a confidential consultation if you don’t find what you’re looking for or if you have questions of a more personal nature.
How can I begin the process of filing for bankruptcy in Rhode Island?
After reading through my website and deciding that you need the help of a Rhode Island bankruptcy lawyer, please feel free to call me. For a free consultation with an experienced rhode island bankruptcy lawyer, call the law office of Stephen Levesque at (401) 490-4900; your call will be completely confidential and handled by an expert in RI and MA Bankruptcy law. I will be happy to meet with you and put my experience as a Rhode Island bankruptcy lawyer to work for you.