Declaring bankruptcy is oftentimes a difficult decision to make, and we understand the life challenges that bring people to ask themselves whether bankruptcy is a viable option. At Jackson Abdalla Law Group, we pride ourselves on our individual, client-focused approach to your bankruptcy decision.
Bankruptcy is a permanent debt solution, and it will allow you to rebuild your credit over time. At Jackson Abdalla Law Group, we handle Chapter 7 and Chapter 13 cases.
What is Chapter 7 Bankruptcy?
Chapter 7 is the most common form of bankruptcy. It is designed to eliminate credit card debt, medical bills, payday loans, parking tickets, and more. Upon completion, the majority of your debt will be gone. Only a few debts remain after a Chapter 7 bankruptcy. These include debts like students loans, most taxes, and overdue child support.
What is Chapter 13 Bankruptcy?
Chapter 13 allows you to eliminate credit card debt, medical bills, payday loans, and more by creating a plan to pay back those debts in a manner that works within your budget. After three to five years, depending on the plan that is created, the majority of your debt will be gone. This form of bankruptcy is designed to help you get rid of your debt without getting rid of your assets. You’ll be able to keep your house and your car. In fact, it is a good strategy to defend against foreclosure and to defend against repossession.
How We Differ
Jackson Abdalla uses state-of-the-art technology to ensure your case is handled properly by a team with over 30 years’ combined experience in the legal industry. We are a small firm—and not a bankruptcy factory-like many of the larger bankruptcy firms. At Jackson Abdalla, you’ll receive the personalized attention you deserve, and you’ll always speak to an attorney through his or her direct line.
Let us help you decide if bankruptcy is right for you. Debt relief. Stress relief. Call us today at (773) 550-3853 for a free assessment. Se habla espanol.
Jackson Abdalla Law Group is a debt relief agency. We help people file for bankruptcy under the U.S. Bankruptcy Code.