Creditor & Debtor Law
Davis & Sarbinoff attorneys represent parties involved in federal bankruptcy proceedings, state or federal court receiverships, and other insolvency proceedings. Our attorneys provide counseling to debtors to help them return to economic viability (including loan workouts) or to responsibly liquidate their businesses or assets. We also represent parties affected by a debtor's financial difficulties as well as buyers of businesses or assets from bankruptcy proceedings.
Our firm files chapter 7 and 13 bankruptcies.
Chapter 7 bankruptcies are beneficial when individuals are unable to pay their debt. In a chapter 7 bankruptcy, we can eliminate balances from credit cards, hospital bills, personal loans, repossessions, foreclosures, judgments, payday loans, wage deductions, and many other debts. In many cases, we have discharge papers in approximately four months. You can even keep your home, car, and pension.
Chapter 13 may be the solution fore you if you are behind on a payment of an item such as a car or home, that you wish to retain. A chapter 13 bankruptcy allows your creditors to be paid less than the balances owed. In some cases, a chapter 13 bankruptcy is helpful for license suspensions and tickets.