As a bankruptcy firm whose attorneys have filed in excess of 9,000 bankruptcy cases, we have a unique approach to settling your unsecured debt. First, we are a law firm and not a “debt settlement company”. Most debt settlement companies are out of state and have no accountability. Moreover, these companies place their clients on unrealistic payment plans that are usually set up to fail. Our office receives many calls from individuals and families that are 8 to 12 months into these plans and have received lawsuits. Once they receive lawsuits, the debt settlement company says they cannot help.

Following are benefits to our debt settlement program:

* We are a reputable law firm and not a “debt settlement company”
* We will put you on a realistic payment plan that is calculated to work
* We only get paid when we settle your accounts (no massive maintenance fees)
* You will receive routine updates on your funds as held in our client trust account
* All settlements are done in writing

Contact us for a free consultation to determine whether a debt settlement makes sense for you.

Chapter 7 bankruptcy is the most common form of bankruptcy.  Also known as “straight bankruptcy”, Chapter 7 is an affordable legal process that allows individuals to obtain a fresh start by eliminating their debts and protecting their assets.  Debts that are typically discharged include credit cards debts, medical bills, personal loans, older taxes, and balances owed on repossessions and foreclosures.  In 95% of Chapter 7 cases, debtors are able to protect all of their assets, including real estate, vehicles, jewelry, household furnishings, electronics, and anticipated tax refunds.  It is no wonder why millions of Americans are seeking relief under Chapter 7 during these challenging times.

The filing of a Chapter 7 bankruptcy invokes an automatic stay, which stops creditors calls and halts collection activity, wage garnishments, bank levies, foreclosures, etc.  A Chapter 7 debtor is required to appear at a brief meeting with the bankruptcy trustee appointed to oversee the case.  A typical Chapter 7 case is discharged and completed within four months after filing.

Chapter 7 is also available to corporations, limited liability companies, partnerships and sole proprietors.  Many of our clients are business owners who continue to operate their businesses without interruption during and after their bankruptcy cases without interruption.

If you are overwhelmed with debt, we encourage you to contact Wadhwani & Shanfeld for a free consultation with an experienced bankruptcy attorney.  If visiting one of our offices is not convenient, we offer same-day telephone consultations.  Our attorneys will educate you on all options, including debt settlement, Chapter 7 and Chapter 13.

At Wadhwani & Shanfeld, attorneys (not paralegals) draft all bankruptcy schedules to ensure that our clients are well-represented and protected.  We provide an easy and painless experience, and we don’t have our clients fill out lengthy intake forms.  Our attorneys are professional, competent, accessible and responsive.

Chapter 13 is a form of bankruptcy that allows individuals to restructure their debts without risking any assets.  Chapter 13 is a powerful tool that can help people with all of the following:

1.     Stop foreclosure and catch up on mortgage payments;

2.     Wipe out 2^nd mortgages;

3.     Lower car payments and interest rates;

4.     Stop garnishments and bank levies;

5.     Create an affordable payment plan to pay off tax debt; and

6.     Wipe out unsecured debt, including credit cards, personal loans, medical bills and other claims.

Chapter 13 provides significant protection to individuals.  Moreover, if the Chapter 13 petitioner no longer wishes to be in Chapter 13, or can no longer afford the plan payments, he or she can dismiss the case or convert it to Chapter 7.

In preparing our clients for Chapter 13, Wadhwani & Shanfeld will create detailed financial reports, including an income and expense analysis, along with a plan of reorganization and other supporting schedules.  Wadhwani & Shanfeld has extensive Chapter 13 experience and knowledge, and that is evidenced by our clients’ results and satisfaction.

Chapter 13 bankruptcies can be complicated, and Wadhwani & Shanfeld urges you to carefully choose a qualified attorney who focuses his or her practice on bankruptcy.  Feel free to contact Wadhwani & Shanfeld for a free consultation with an experienced bankruptcy attorney.  If visiting one of our offices is not convenient, we offer same-day telephone consultations.  Our attorneys will educate you on all options, including debt settlement, Chapter 7 and Chapter 13.