Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcy court. Bankruptcies generally fall into the categories of either "liquidation" or "reorganization” of debt.
Our firm assists individuals and companies considering this option for their circumstances.
Licensed in both North and South Carolina we can help you determine the best course of action to take, whether you are filing for bankruptcy yourself or if you are a creditor seeking advice regarding a debtor that has filed or will file bankruptcy. Furthermore, we can help you understand the wealth of differences between Chapter 7, Chapter 11, and Chapter 13 bankruptcy filings, and how each option will potentially impact you today and in the future.
Bankruptcy courts have broad powers that other courts or processors do not. Therefore, it is important to have experienced counsel to direct you through the bankruptcy process, whether you are seeking bankruptcy protection or trying to collect from a person or company in bankruptcy.
Our firm representative in this area of practice is Bill Ellison.