Debt Relief & Bankruptcy
Grannis & Hauge, P.A. represents clients in Chapter
7 business and personal bankruptcies as well as Chapter 13. This
area of law has become quite specialized with the requirements of
electronic filing and the new bankruptcy act. When you contact our
firm you will talk to an experienced attorney who will give you
answers and explain the process.
You May Be Able to Keep All of Your Assets
We will provide you with the best
information to choose between state or federal exemptions. Exempt
items are things you can keep. Most homestead property and retirement
funds are protected. Consider avoiding second mortgages or loans against
your 401(k). Those loans will not fully relieve your debt concerns.
Get Immediate Relief From Collectors
The filing of a bankruptcy petition
results in an automatic “stay,” which means that no
one can attempt to collect a debt from you. Even before filing,
you can advise a creditor that you have retained counsel, which
should end debt collection calls and correspondence.
Get a Fresh Start
We can help you deal with mortgage
foreclosures. Learn what the impact is on your credit and ways to
improve your scores after filing.
For Creditors
When a customer or client files a petition for relief in bankruptcy, a business can suffer a corresponding adverse impact. An immediate effect of bankruptcy is that creditors may not attempt to collect outstanding debts or bills without obtaining the bankruptcy court’s permission. There may be disputes on the amount owed a creditor and whether a creditor is a secured or unsecured creditor. In some cases, the bankruptcy trustee will attempt to recoup payments previously made to creditors. Bill Bernard, an attorney experienced in collection of distressed debt, represents creditors in bankruptcy proceedings, including adversary proceedings.
Attorneys:
Rebecca Christensen, David G. Keller, and William L. Bernard
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