Is Bankruptcy The Right Solution For You?
You have a financial problem and need the best solution to eliminate your debt. You have options. At Thav Gross our goal is to eliminate your debt in the quickest, least costly way possible that is best for you. Bankruptcy is only one option available. Below is a brief summation of Chapter 7 and Chapter 13 Bankruptcies
Chapter 7 – Eliminate the Debt
If your monthly household expenses exceed your income, you can get rid of your debts and gain a fresh start. Chapter 7 can also eliminate income tax debt – something few bankruptcy lawyers know how to do.
Chapter 13 – Stop Foreclosure
Chapter 13 allows you to stop foreclosure, save your home and can eliminate second mortgages on homes that are underwater. We restructure your debt by paying creditors as little as 0% of the debt owed, and can often reduce secured car and furniture loan payments. Repossession of vehicles and garnishment of wages are stopped. We can also seek loan modifications to reduce your mortgage payment during the process.