Bankruptcy and Estate Planning for everyday people. These areas are the focal point of my practice. Christopher Legal combines experienced legal counsel with personal service and an understanding perspective to provide practical solutions for our clients’ needs.
I have long maintained that our goal is simple . . . We want to help our clients solve their legal issues as quickly and painlessly as possible. For more comprehensive information on how we may serve your needs please either review the pages on this site, or contact our office to arrange a free consultation.
The decision to file for Bankruptcy is a difficult one, often considered the worst-case scenario. However, in many instances it may be your best option. For example, filing for Bankruptcy can stop a foreclosure, repossession, or garnishment, allowing you some precious time to deal with your financial troubles. You may also be able to eliminate many types of your debt (in a Chapter 7) or develop a payment schedule (in a Chapter 13) to ease your financial burden. Each client’s unique situation will dictate whether a client should file for Bankruptcy, and then if a Chapter 7 or Chapter 13 filing is appropriate.
Bankruptcy is a legal proceeding in which a person who cannot pay their bills gets a fresh financial start. The right to file for Bankruptcy is provided by federal law, and all Bankruptcy cases are handled in federal court. Filing Bankruptcy immediately stops your creditors from seeking to collect debts from you, at least until they are sorted out according to the law. MORE
Chapter 7 Bankruptcy
Chapter 7 filings are commonly known as the “straight” Bankruptcy. These filings are for the traditional liquidation of personal, business or partnership assets. By extinguishing these debts, you will, in effect, get a fresh start. In addition, you can stop a foreclosure or repossession. More often then not, our clients are able to retain all their assets and belongings after their Chapter 7 Bankruptcy is complete. MORE
Chapter 13 Bankruptcy
Unlike Chapter 7 filings, Chapter 13 filings do not just eliminate your debts. You will have to make payments over a 3 to 5-year period to the Bankruptcy Trustee, who will then pay your creditors. Typically, these payments to your creditors are less than your regular monthly payments. A payment plan will have to be developed which will allow you to pay all your living expenses and secured obligations, as well as a portion of your unsecured obligations. MORE
Estate Planning, put simply, is the process of arranging one’s affairs for when they pass away. This can usually be accomplished through the use of living trusts and wills. To most, the concept of estate planning sounds relatively straightforward. You probably feel that you should dictate how and to whom your assets are distributed after you pass away, with little concern for any other issues that may arise. The reality of estate planning, however, is not always so simple. There are a number of factors to consider when preparing an estate plan, and we are here to help. MORE