Christopher M. Comerford offers his services to individuals and married couples who need a fresh start financially. The decision to file bankruptcy is a complicated one and should not be made lightly. Mr. Comerford will meet with potential clients and after evaluating their specific financial situation, can help them determine if filing for bankruptcy protection is right for them.
Consumer Bankruptcy offers protection and the chance to begin again to individuals as opposed to businesses. Broadly speaking, there are two types of bankruptcy available to individuals. The first, Chapter 7, allows those who are completely overwhelmed with their debts to discharge most if not all of them at one time. Under Chapter 7, a debtor must generally liquidate what assets they have in order to pay off the debts that they can. Afterwards, their remaining consumer debts are discharged. There are special requirements that individuals must meet in order to take advantage of Chapter 7 bankruptcy. The second type of bankruptcy protection available to individuals is Chapter 13. Chapter 13 bankruptcy allows debtors who have a steady income to reorganize and take control of their financial lives. Chapter 13 often offers to best option to individuals who are behind on their mortgage or car payments and who need a temporary reprieve and a chance to setup a fair repayment plan.
If you are considering bankruptcy, please call our office to setup a time to meet with Mr. Comerford and discuss your options.