Thousands of people each year find themselves, for one reason or another, unable to cope with a mountain of debt, reduced income, and the pressure of harassment by creditors. For these people, Federal Law provides a lifesaver - Bankruptcy.

Carr Law Offices provides assistance for people needing the protection of the bankruptcy laws to help get their lives, their finances and their credit back in order.

For the ordinary person or couple, there are two main types of bankruptcy protection available, depending on the amount and type of debt and the person's income.

Chapter 7, also called "Liquidation," bankruptcy discharges all your eligible debt without the need for you to repay the balance owed. If you have a lot of valuable assets, however, the Bankruptcy Trustee can sell them and use the proceeds to pay your creditors. As your lawyers, we work to preserve your assets and maximize the amount of your debt that gets discharged.

Chapter 13, also called "Reorganization," is the type of bankruptcy most consumers with regular income qualify for, and stops the collection process, consolidates your debts, and allows you to pay off a portion of your debt over a period of years, without further collection efforts by the creditors. At the end of the repayment period, any unpaid debt gets discharged.