Bankruptcy and Insolvency

The Law Office of Pamela N.  Maggied is focused on bankruptcy and insolvency. Her role is to help clients determine which solution to discharging debt is the best for them.

Chapter 7 Bankruptcy involves a liquidation of assets to repay creditors; most debt is then discharged. That’s the theory anyway; many people don’t lose any property. There is one hearing, the meeting of creditors, which you will be required to attend. At that hearing, a bankruptcy trustee will go through the filing, and will ask you questions.

Chapter 13 Bankruptcy is a reorganization of your debt. A payment plan, which is based on your budget, will be established to repay all or some of your debt. There is also a meeting of creditors that you must attend.

Foreclosure efforts require action on your part. When faced with the possibility that your home will be foreclosed upon, it is important to talk with an attorney to discuss options available to you.

Creditor Representation: I also represent people who are creditors in bankruptcy cases, so call and we can talk about what is involved.

If you are facing insolvency and are unable to pay your debts as they are due, the Law Office of Pamela N. Maggied may be able to help you:

• Stop Repossession of Property
• Stop Foreclosure and Eviction
• Stop Wage Garnishment
• Stop Attachments of Other Assets
• Stop Collection Actions, Including Telephone Calls
• End Lawsuits
• Get Utilities Reinstated