Bankruptcy Attorneys in Huntsville and Decatur, AL
We can help you in Huntsville, Decatur, Scottsboro, Cullman, and Athens, AL and the surrounding areas.
Are you getting endless calls day and night from a creditor or creditors? Have you lost your job or had your hours reduced because of covid? Are your bills piling up, and you have know idea how you are going to pay them? Are you considering filing for bankruptcy? It is estimated that a wave of bankruptcy filings will happen in 2021. For over 50 combined years, the attorneys at the Law Offices of Ferguson & Ferguson have been fighting for the consumers of Alabama. We offer no obligation, Free Consultations in all bankruptcy cases. We understand what you are going through, and we are here to help. Our bankruptcy fees are among the lowest in the North Alabama area. We can often quote you a fee immediately when you call after just a few simple questions. We offer flexible payment plans for all matters, and can often file a Chapter 7 bankruptcy the next day. Make sure to call us if you have any questions or want a free phone consultation. Give us a call and see just how affordable our bankruptcy fees can be. CALL NOW. If you need a bankruptcy lawyer, call 256-534-3435 or 256-350-7200.
You probably did not happen upon our bankruptcy website by chance. You probably came here looking for answers or solutions to your financial problems. Overwhelming debt can be devastating both financially and emotionally. No matter how much you work, you can’t pay the bills. When the phone rings, you don’t want to answer. Letters from creditors remain unopened. You want to run away from the debt, but wherever you look there are more bills, more calls, more missed payments. Bankruptcy laws allow individuals such as yourself, the opportunity to eliminate debts caused by past mistakes or unforeseen circumstance. The objective of this bankruptcy website is to provide you with all the information you need to make an informed decision. Our website offers helpful links along with a glossary of bankruptcy terms like trustee, creditor and means test. By reading the information we have provided on this site, you will have a good understanding of what the law allows when you meet with one of our Huntsville or Decatur bankruptcy lawyers.
Helping Huntsville and Decatur Debtors Eliminate Debt Through Bankruptcy
In 2017, over 1 million Americans filed personal bankruptcy. Filing bankruptcy can be a difficult decision to make. It is in your best interests to hire a Huntsville bankruptcy law firm that will do more than just file your bankruptcy. Financial problems place a great deal of stress on families and households. Often the only solution a person can find is to file for personal bankruptcy. Our experienced Huntsville bankruptcy lawyers understand the stress you are under. Our experienced and reputable Huntsville, Alabama bankruptcy lawyers will skillfully navigate your case through the complexities of the court system. Bankruptcy can sometimes be overwhelming, but we will be with you all the way. We will explain the bankruptcy laws to ensure a smooth bankruptcy process. At the Huntsville and Decatur, Alabama law offices of Ferguson & Ferguson we understand your anxiety about your financial situation and offer you solutions. Our policy is to provide personal, one-on-one service, throughout the entire process. Your calls and questions are our primary concern and your comfort during the process is our mission.
What Can Bankruptcy Do For Me?
If you are being pursued by creditors, at risk of losing your home or facing vehicle repossession, filing bankruptcy can help by stopping all debt collection efforts in their tracks. By law, once a bankruptcy petition is filed with the court, collection calls, foreclosure activity, and automobile repossessions must be halted until the bankruptcy process is completed. During this time, you will not receive harassing collection calls and will be able to stay in your home and keep your car. Ferguson & Ferguson is an experienced bankruptcy firm committed to helping our clients achieve the financial freedom that they deserve. Bankruptcy laws allow individuals such as yourself, the opportunity to repay or eliminate debts. If you’re thinking that bankruptcy means losing everything, think again. Our Huntsville attorneys have helped thousands of clients get rid of their debts and most of them keep everything they own and lose only the time it takes to pick up the phone and ask for help.
Types of Bankruptcy: Chapter 7 & Chapter 13
Chapter 7 and Chapter 13 bankruptcies are the most common consumer bankruptcy types. Chapter 7 bankruptcy involves liquidation and distribution of assets to creditors. In a Chapter 7 unsecured debts are fully discharged, leaving you with no further obligations to make payments on unsecured debts like credit cards, medical bills, signature loans, etc. Chapter 13 bankruptcy involves rehabilitation and government protection. In a Chapter 13 bankruptcy, a court approved payment reorganization plan is set up based on the amount that a debtor can pay on a monthly basis without suffering undue hardship.In both cases a means test must be done to make sure you qualify.
If you are currently interested in filing for a Chapter 7 or a Chapter 13 bankruptcy, you might be asking yourself “What will I lose?” or you could even be interested in the benefits and disadvantages in Chapter 7 vs. Chapter 13. Our legal team has the experience that you need to handle the bankruptcy process and know the tricks of the trade to help defend your legal rights. By working with our firm, you will be able to breathe easier knowing that you will have an experienced advocate on your side that is deeply invested in the outcome of your bankruptcy case.