Credit card debt and student loan debt, not to mention mortgages and car payments—it’s no wonder many Americans find themselves in debt distress. There are options to help you get control of your finances, and Mombrun Law, PLLC is familiar with these options. We can examine what you owe and to whom and make a recommendation of what would be the best path forward for your situation.

Chapter 7 Bankruptcy

This is the most common type of bankruptcy. It is often the best option if the main problem is credit card or medical debts. Chapter 7 bankruptcy offers debtors a financial fresh start because you don’t have to pay back your old debts.

Chapter 13 Bankruptcy

In a Chapter 13, you’re required to pay back part, or all, of your debts over the next 3 to 5 years. Most people file a Chapter 13 when they’re behind on their house payments.

If you are not sure if you need to declare bankruptcy, reach out to us for a consultation. We will evaluate your situation and give you our candid opinion on what your best options are. Should you need to file for bankruptcy, we will walk you through the process.