There’s no rule about when or for whom bankruptcy is right. A good bankruptcy lawyer will evaluate your individual circumstances before suggesting any particular legal alternative. In some circumstances bankruptcy is the only option; in other cases, another approach may be less expensive and equally favorable. Contact Miranda & Maldonado, and a good bankruptcy lawyer can help you make the right decision.

Chapter 7 bankruptcy is the most common bankruptcy; all of a person’s unsecured debts (such as credit card debt, medical debts, car repossession, or home foreclosure judgments) are liquidated. Chapter 7 is primarily for those without income or with income insufficient to satisfy their debts.

Chapter 13 bankruptcy requires attention to detail in drafting an acceptable plan, negotiating with creditors, and dealing with the Chapter 13 Trustee’s office. Furthermore, if you file a Chapter 13 bankruptcy to maintain your home or other assets, it’s imperative to have guidance from an experienced bankruptcy lawyer. Otherwise, a simple mistake can cost dearly.

BANKRUPTCY SERVICES:

Creditor Representation in Consumer and Business Bankruptcy Cases under Chapters 7, 11, 12 and 13 of the United States Bankruptcy Code including:

• Preparation of Proofs of Claim in all Bankruptcy Cases.
• Motion for Relief from Automatic Stay.
• Motions for Adequate Protection.
• Objections to Confirmation of Chapter 11, 12 and 13 Plans of Reorganization.
• Responses to Objections to Creditor’s Proof of Claim.
• Motions for Valuation.
• Motions to Redeem Collateral.
• Motions to Assume or Reject Unexpired Leases and/or Executory Contracts.
• General Bankruptcy Counseling to Creditors in all Bankruptcy Cases.