Steven Shareff PC
Summary
Main Office
111 West Main Street
Louisa,
VA 23093
(540) 748-2176
Websites
Geographies
Office Locations
Main Office
111 West Main Street
Louisa, VA 23093
Attorney Shareff handles Bankruptcy and Foreclosure matters.
No matter how much one may hope otherwise, sometimes life can take an unexpected turn that requires you to need the services of an attorney. A good lawyer is someone you can depend on to be on your side, fighting for your rights or the compensation you deserve.
Declaring bankruptcy can be a difficult decision, and you need an attorney with the experience and competence to guide you through the process.
To discuss your bankruptcy options, including whether bankruptcy is right for your situation, please contact us today.A business or an individual can declare bankruptcy once they have ascertained that it has become impossible to pay off one's creditors. It can give you a chance to start over from a financial point of view, as most of debts are relieved after bankruptcy as been filed.
Chapter 7, or liquidation bankruptcy, means that your "estate" - i.e., your assets - is sold in order to pay off your creditors. A reorganization bankruptcy can also involve the selling of assets, but more often than not you can retain a majority of your assets while your creditors' needs are assessed.
Reorganization bankruptcies can be filed under the following guidelines:
Chapter 9 - municipalities
Chapter 11 - businesses and individuals with
many assets
Chapter 12 - farmers, fisherman
Chapter 13 - individuals with
steady income
Chapter 15 - international cases
Contact us today to learn more about your options under the current bankruptcy laws. We're here to help.
