The Bankruptcy Process

One of the questions that we are asked most often is how to file for bankruptcy. At The Law Offices of Theron D. Morrison, we are committed to walking you this process and helping to ease the stress that can come from difficult financial times.

Filing for bankruptcy can be a much needed relief to heavy financial burdens and can be the start of a bright financial future. When you come in for your initial free consultation with us, we can explain your options and if you decide that bankruptcy seems like your best option, we can work with you on how to file for bankruptcy.

Filing For Chapter 13 Bankruptcy

Filing for Chapter 13 Bankruptcy is one of the most common types of personal bankruptcy, particularly with individuals who have considerable assets that they wish to protect. If you retain our attorneys, we will file for Chapter 13 bankruptcy on your behalf and attend any court hearings that are necessary.

We will also work with you to establish a debt repayment plan that is submitted to a bankruptcy court judge for approval. A debt repayment plan allows you further time to repay your debts and allows you to retain your assets and property. Once your debt repayment plan is approved by a bankruptcy judge, all further attempts at collection must cease, providing you immediate relief from debt collectors.

Filing for Chapter 7 Bankruptcy

Chapter 7 bankruptcy is the other frequent type of personal bankruptcy that we deal with at The Law Offices of Theron D. Morrison. Filing for chapter 7 bankruptcy allows all of your unsecured debt, typically credit card debt or debt from medical bills, to be discharged and completely eliminated.

Before we can start the process of filing for Chapter 7 bankruptcy, we will determine your economic eligibility through an economic means test. If you don’t qualify for a Chapter 7 bankruptcy, a good alternative is filing for a Chapter 13 bankruptcy.