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We are committed to helping you stop bill collection harassment, stop the threats, stop the feelings of stress that come with mounting debt. To start the process, we will take the time to listen to you and learn about your situation.

Over the years, we have learned that each bankruptcy case is truly unique.

  • We do not offer cookie-cutter solutions.
  • We will carefully walk you through the options available for debt relief, debt settlement, or debt repayment.
  • We will help you build a plan that is right for you.

Information on Bankruptcy

Bankruptcy law is a federal law based on the policy of giving honest people a fresh start by eliminating most of their debt or by allowing them to repay their debt over an extended period of time. Based on your individual case, through our free initial consultation, we will be able to determine, which Bankruptcy option would meet your individual needs. For people who have no significant assets and primarily unsecured debt, Chapter 7 "Fresh Start" bankruptcy is most desirable. For people who do have significant assets and would like to retain those assets, Chapter 13 "Bill Consolidation" would work best.

In either case, both Chapter 7 and Chapter 13 Bankruptcy will eliminate harassing phone calls, lawsuits, wage garnishments, bill collectors, repossessions, as well as foreclosures. The initial step, is to consult and hire a knowledgeable bankruptcy attorney. We can begin working on your case, for as little as $100.00. And for as little as three easy payments of $450.00 (not including court costs), you can be on your way to a debt-free, financial future.

Chapter 7 Bankruptcy: Also known as "Fresh Start" bankruptcy, allows a person to eliminate most or all of his debt while being allowed to keep whatever property he may have. It also allows unsecured debt such as medical bills, personal loans and most credit card charges to be easily eliminated. In many cases, a person may keep their home or car, provided that they continue to make current payments and are up to date on the loan.

Chapter 7 does not eliminate:

  • Student loans, except extreme hardship cases
  • Debts for most taxes
  • Debts for alimony, maintenance or support
  • Debts for fines, penalties or criminal restitution
  • Debts for personal injuries caused by driving intoxicated

Chapter 13 Bankruptcy: Allows a person to consolidate the debt while making convenient monthly payments to a trustee. A payment plan is proposed which repays the debt over a three to five year period. The amount of the monthly payment and the length of the repayment plan is based upon the following factors:

  • Monthly income of the person
  • Monthly expenses of the person
  • Amount and nature of the debt

The most common uses of Chapter 13 involve:

  • Repayment of mortgage arrears (back amounts owed) home
  • Restructuring of auto loans to save a vehicle

Secured debts are paid 100% on the dollar, while unsecured debts may be paid as little as 10% on the dollar. A person receives a discharge under Chapter 13 once the payment plan is completed.

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What Our Clients Say:

"Galina Karpel has made my hard times much easier. She explained all of my options clearly and we now have a game plan. Thank you so much for the wonderful help!"


Law Office of Galina R Karpel, LLC
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