Bankruptcy Lawyer Greensboro, NC
Turn to Ivey McClellan for trusted bankruptcy lawyers in Greensboro, North Carolina. Our firm has been practicing bankruptcy law for decades and advocates for individuals, couples, and businesses across the state of North Carolina. When bankruptcy looms at your door, you need a bankruptcy lawyer with the resources and dedication to see your case and interests through to the end.
Our bankruptcy attorneys provide you with the personalized service you deserve. We help you determine if bankruptcy is the right choice for you, then guide you through the process each step of the way. We are the trusted bankruptcy lawyers who:
- Explain the types of bankruptcy and help you understand the differences to determine which option is best for you
- Calculate the means test, or formula, which determines whether you qualify for a particular type of bankruptcy
- Guide you through the bankruptcy filing process including in-depth discussions regarding the exemptions to which you are entitled
- Help you determine if there is a viable alternative to filing bankruptcy
- Help you with loan modifications and home foreclosures, if applicable
- Put an end to harassment by your creditors and lenders
We understand how stressful each minute is when you’re in debt. Ivey McClellan helps lift the burden of the unknown from your shoulders. Individuals, couples, and business owners rely on our skilled team of bankruptcy lawyers to get the service they need and find financial relief. We have experience with Chapter 7, Chapter 11, and Chapter 13 bankruptcy and know what to expect so you can focus on what matters the most.
Contact An Expert Bankruptcy Lawyer Today
Chapter 7 Bankruptcy
Individuals seeking relief from outstanding personal debts they cannot pay back may qualify for Chapter 7 bankruptcy, also referred to as liquidation bankruptcy. Greensboro’s team of bankruptcy lawyers understands Chapter 7 federal and state exemption rules to help you retain as many assets as possible during liquidation. Because Chapter 7 is typically reserved for incomes within certain thresholds, Ivey McClellan helps conduct your means test which is a determining factor for eligibility. We also evaluate your unsecured and secured debts so you know what to expect should your debt be discharged and receive the fresh start you're looking for. We guide you through each step of your bankruptcy proceedings to ensure all items are filed correctly. If you are struggling with unsecured personal loans or high, unpaid credit card bills, Chapter 7 may be the right option for you to wipe your slate clean.
Chapter 11 Bankruptcy
Insolvent business owners may voluntarily declare bankruptcy under Chapter 11 if they meet certain qualifications. We also assist businesses through involuntary petitions if their creditors or lenders have filed. Business bankruptcies are oftentimes more complicated than personal bankruptcies. We work with business owners to file schedules of assets, liabilities, income, expenditures, and more with the U.S. Bankruptcy Court. Should you be filing as an individual or married couple, our bankruptcy lawyers assist you with filing additional documents such as certificates of credit counseling and statements of income. Chapter 11 filers have a lot to keep track of, let us do the heavy lifting for you. We ensure no step is missed, down to developing a feasible, fair, and equitable payment plan. To see if your business qualifies for Chapter 11 bankruptcy, contact our team of bankruptcy lawyers today and learn how to start restructuring.
Chapter 13 Bankruptcy
Similar to Chapter 7, individuals may also file for personal bankruptcy under Chapter 13 in Greensboro. Also known as a Wage Earner’s Plan, Chapter 13 develops a repayment plan, instead of liquidating assets, to seek financial relief and end creditor harassment. Ivey McClellan’s bankruptcy lawyers work with you to complete pre-filing credit counseling with a nonprofit counselor, submit a bankruptcy petition, file all required forms, and walk you through the meeting of creditors hearing. We make this process as easy as possible, especially for homeowners who wish to keep their home, continue making mortgage payments, and avoid foreclosure. We work with you to create a feasible payment plan to repay debts owed to creditors over the next three to five years. If you are considering bankruptcy and need financial relief from creditors, discuss Chapter 13 with a team of experienced bankruptcy lawyers today.
Our Commitment To Life After Bankruptcy
Ivey McClellan’s bankruptcy attorneys are dedicated to your life after filing bankruptcy. Business owners and individuals seeking financial relief from lenders and financial stress look forward to a fresh start and a clean slate, regardless of bankruptcy type. After bankruptcy, you can restructure, begin a repayment plan, or start rebuilding your credit score. Remember that Ivey McClellan is the bankruptcy law firm on your side and we have the trusted experience to walk you through each step of the bankruptcy process.
Our Greensboro, NC bankruptcy lawyers have helped countless clients navigate the complexities and challenges of declaring bankruptcy. We understand how stressful your situation is and we are ready to help. Contact us today for a consultation or schedule an appointment below.