Helping individuals and families regain control of their financial futures.

Bankruptcy does not have to be a scary process. With experience in Bankruptcy since 2004, we have extensive experience helping people file Chapter 7 or Chapter 13 bankruptcy. Hands Law Firm has assisted thousands of individuals in getting a financial fresh start. We guide you every step of the way so that you get the fresh financial start that you deserve.

Many people are surprised and happy to find out that they can file bankruptcy and keep their assets and start rebuilding their credit.  Bankruptcy is not the end but a new beginning without the stress of crushing debt.

portrait of david hands bankruptcy

Chapter 7 Bankruptcy

Chapter 7 bankruptcy, also known as a “straight” or “fresh start” bankruptcy, is usually a quick proceeding (three to six months) that allows you to discharge most debts and get an immediate fresh financial start. Some people believe the court will take everything they own when they file bankruptcy. This is not true. There are generous exemptions that cover many assets that an average person owns (e.g., house, car, household goods, retirement accounts). If there is a chance you have an asset that may not be exempt, you may still have the option to file a Chapter 13 bankruptcy (see below) and retain your assets. The Hands Law Firm will thoroughly review your options with you before you file.

Chapter 11 Bankruptcy

Chapter 11 bankruptcy is a good option for small businesses and larger corporations struggling with more debt than they can afford. This form of bankruptcy offers several advantages. Most importantly, Chapter 11 bankruptcy does not mean the end of your company. It is a chance for you and your partners to come up with a reorganization plan that will increase your profitability, and negotiate reasonable payment plans with your creditors. The Hands Law Firm will thoroughly review your options with you before you file.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy allows you to propose a plan to repay some of your debts over three to five years. Chapter 13 is ideal when you want to keep your house or car, but you are behind on your payments. Chapter 13 bankruptcy is also a good alternative when you do not qualify for Chapter 7 bankruptcy relief. In most cases, you receive a discharge at the end of a Chapter 13 bankruptcy that forgives all remaining unpaid debts. The Hands Law Firm will thoroughly review your options with you before you file.