Are you a veteran? Throughout the month of November, Castle Law Office is offering 10% off of our attorney fees for Chapter 7 bankruptcies to ALL military veterans. Thank you so much for your service to our country! Below is some information on what Chapter 7 Bankruptcy is and what it could mean for your financial freedom.
1) Recovery Time
After a Chapter 7 bankruptcy, it is not uncommon to see your credit score go up. Within two years of your bankruptcy case being completed, you could become eligible for an FHA home loan. It’s important to us that we help veteran’s gain their financial freedom back as soon as possible.
2) Legal Fees for Chapter 7 Bankruptcy
During a Chapter 7 bankruptcy case, you are hiring a bankruptcy attorney to work on your behalf for the duration of the time it takes to close your case. Chapter 7 takes months, where a Chapter 13 takes years. It is also very important to make sure your Kansas City bankruptcy attorney discloses all the fees. At Castle Law Office, all fees are included. Don’t forget, Castle Law Office is offering 10% off of our attorney fees for Chapter 7 bankruptcies to ALL military veterans during the month of November.
3) No Pay Back on Most Unsecured Debt
During a bankruptcy case it is important to know that different debts are treated differently. The two different classes are secured and unsecured. Secured debts are things that have collateral associated with them. Think of things like a house, car, etc. Unsecured debts are things like credit cards, medical bills, and personal loans. We work with former service members to help them understand their financial situation and the best options available to them.
4) No Monthly Payment
A Chapter 7 bankruptcy does not require a monthly payment. With a Chapter 7 bankruptcy taking less than half a year all payments are set up in advanced and must be paid in full. This allows veterans thinking about filing for Chapter 7 the ability to eliminate debt and not have a monthly payment to get out of debt.
5) Chapter 7 is a Much Shorter Time process
The most critical component to Chapter 7 is the amount of time it takes. From the day the case is filed with the court, you can see a fresh start to your financial life beginning in as little as four months. This is important for service members who are trying to get back on their feet.
Throughout the month of November, Castle Law Office is offering 10% off of our attorney fees for Chapter 7 bankruptcies to ALL military veterans. Contact Our Kansas City Bankruptcy Attorney for a Free Case Evaluation. If you are having difficulty dealing with climbing debt, schedule a FREE case evaluation with our experienced Kansas City bankruptcy attorney. Contact our office online or give us a call at (816) 842-6200 to schedule your consultation now! You can also contact us here.