Charlotte, NC, 06-NOVEMBER-2013 – Hands Law, PLLC, Charlotte bankruptcy attorney firm and attorney David Hands, are pleased to announce that locals facing bankruptcy can receive the knowledgeable legal assistance offered by the firm. Bankruptcy is a federal process intended to help people eliminate their debts or repay them under the protection of the bankruptcy court. Consumer Bankruptcies are generally described as Chapter 7 (liquidation) or Chapter 13 (reorganization).
Charlotte, NC, 06-NOVEMBER-2013 – Hands Law, PLLC, Charlotte bankruptcy attorney firm and attorney David Hands, are pleased to announce that locals facing bankruptcy can receive the knowledgeable legal assistance offered by the firm. Bankruptcy is a federal process intended to help people eliminate their debts or repay them under the protection of the bankruptcy court. Consumer Bankruptcies are generally described as Chapter 7 (liquidation) or Chapter 13 (reorganization).
Speaking in a recent interview, Charlotte bankruptcy attorney, David Hands, explained, "Under Chapter 7, you ask the bankruptcy court to wipe out the debt you owe. Under Chapter 13, you file a payment plan with the bankruptcy court proposing how you will repay your creditors. You must repay some debts in full; others may be repaid only partially or not at all. It all depends on what you can afford."
"Bankruptcy laws are complicated" he continues, "and debtors are under emotional and financial stresses. Our legal practice is well aware of the problems faced by creditors calling, fear of the unknown and debts piling up with no hope of relief in sight. We gather information at a no obligation session. Our trained professionals can explain terms so that you can make an informed decision about how to proceed."
Bankruptcy is a solution to these stresses, but only if the professional firm is put to work to identify and implement procedures correctly. Debtors are allowed to retain certain types of assets. They are exempt from the proceedings. The job of the attorney is to detail those assets on the court papers so that they are protected from loss.
Learn more about the affordable services during bankruptcy proceedings by visiting the web pages at http://www.handslawonline.com today. Members of the press and others who have questions regarding the information in this press release are encouraged to contact the firm at the location which follows
Contact Person name: David Hands
Company Name: Hands Law PLLC
Address: 3558 N. Davidson Street, Charlotte, NC 28205-1125
Contact Telephone Number: (704) 248-7976
Contact Fax Number: (704) 248-2866
Email: [email protected]
Website: http://www.handslawonline.com