Many of our personal bankruptcy clients come to us when they are in the middle of a crisis. They have been injured in an accident, have lost their job, have more bills than they can pay, or are facing a foreclosure.
The bankruptcy lawyers at Farmer & Wright, PLLC, can help clients take back control of their finances and help put them on the road to financial recovery. We are a debt relief agency, experienced in helping clients gain control of their finances.
Filing Bankruptcy: Frequently Asked Questions
Can a bankruptcy stop a wage garnishment or foreclosure?
Yes! The filing of a personal bankruptcy case will stop a wage garnishment or vehicle repossession immediately. Filing a bankruptcy case can also stop a home foreclosure.
What are the benefits of bankruptcy?
Filing bankruptcy can stop a home foreclosure, car repossession, wage garnishment and harassing calls from creditors.
How can I stop foreclosure?
A chapter 13 bankruptcy can help individuals catch up on delinquent house payments and can even stop a foreclosure. Our bankruptcy lawyers can help you determine if this is the best option for you. We will walk you through the process and develop a strategy to help you get back on track financially.
What if I’m behind on my taxes?
Often our clients’ financial problems are due to tax issues. If these tax issues are not dealt with quickly the IRS could file a lien against your home or garnish your wages. The attorneys at Farmer & Wright, PLLC, can help. In many cases, we have helped our clients settle their tax debts for amounts significantly less than the amount owed. We have represented numerous clients with the IRS. It’s important for a client to know their rights when dealing with the IRS or the state taxing authorities. Contact our Paducah bankruptcy lawyers to find out if bankruptcy is the best solution for you.
How often can I file bankruptcy?
The bankruptcy code allows debtors to file bankruptcy more than once. We have had many clients who have had to seek protection under the bankruptcy code more than once. The rules governing multiple filings are very complicated. Always seek the advice of counsel when considering filing bankruptcy.
Will I lose my home or car?
In most cases, with guidance from our bankruptcy lawyers, our clients are able to keep their home and their vehicles. In most cases, clients are able to keep all of their personal property.