Fredrick Nix is an attorney with Laura Margulies & Associates, LLC. He understands... more
Fredrick Nix is an attorney with Laura Margulies & Associates, LLC. He understands that filing for bankruptcy is a difficult decision, but can provide a fresh start. Call today for a free consultation.
Richard L. Gilman is a Principal and Co-Founder of Gilman & Edwards, L.L.C. He works... more
Richard L. Gilman is a Principal and Co-Founder of Gilman & Edwards, L.L.C. He works primarily with bankruptcy, tax controversy, credit counseling / debt solutions, general corporate, real estate/mortgage refinance, personal injury/auto accidents and general civil and criminal litigation matters. Mr. Gilman is a former federal trial attorney with the U.S. Department of Justice, Tax Division, wh... view profile
A bankruptcy attorney can help you manage personal or professional debts you are unable to pay. Bankruptcy laws allow people and businesses to (1) get a “fresh start” by relieving most debts; and (2) repay the money owed to all creditors as fairly as possible. When you file for bankruptcy protection, all other legal actions against you are put on hold. Creditors cannot sue you, garnish your wages, repossess your car or home entertainment system, or start or continue with a foreclosure action against your home. There are different types of bankruptcy filings and each has its own advantages. Since bankruptcy can significantly impact your future purchasing power and credit rating, you should see a bankruptcy attorney to make sure the benefits of filling bankruptcy outweigh the consequences.