Olathe Bankruptcy Lawyer

Rebuilding Your Financial Future

In a struggling economy, many Kansas City families and individuals are facing difficult decisions about their finances. The decision to talk to an attorney about bankruptcy protection is not an easy one for our clients, but when they find out the steps they can take to protect their home, their family and their future, many find hope where there was none before.

• Are you facing constant collections calls and harassment?
• Are you in danger of defaulting on your mortgage and losing your home through foreclosure?
• Have you been left without reliable income or had your wages diminish significantly?
• Are you willing but unable to meet your current repayment obligations on loans?
• Do you lose sleep trying to find a way to protect your family from insurmountable financial troubles?

If this describes your current situation, call our Olathe office and let the attorneys of Arnold Law Firm, LLC make you aware of all your options. You may be eligible for protection under Chapter 7 or Chapter 13 bankruptcy, allowing you to restructure or eliminate debt so you can keep your home, your car, your assets and your sanity.

A New Beginning

Filing for protection under bankruptcy changes everything. It ends harassing collection calls, stops repossessions and puts you back in control of your finances. It allows you to make decisions about your financial future rather than having decisions forced upon you. Depending on your circumstances, you can keep your home, your car, your retirement savings and other assets that you may need to rely on.

There are two common kinds of bankruptcy:

Chapter 7 — By liquidating many of your assets to pay off creditors, this is a path to have your debt eliminated. In many ways, Chapter 7 bankruptcy protection allows you to wipe the slate clean and start over, though you may be able to preserve some of your key assets such as a home or automobile.

Chapter 13 — By restructuring your debt, you may be able to create a payment plan to pay off your existing debt in a more fair and reasonable fashion. For families who have suffered diminished earning in a tough economy, this can be a way to bring your debt back into line with your actual income.

Consult With a Lawyer

If you are struggling against what seems like an impossible financial situation, call our office at (913) 764-8500 or contact us online to schedule a free initial consultation to discuss how bankruptcy protection can help.