Kansas Bankruptcy Attorney Counsels Distressed Debtors
Topeka bankruptcy law firm helps clients find debt relief
The Wiechman Law Office in Topeka helps clients find debt relief through filing for Chapter 7 and Chapter 13 bankruptcy as well as explores other debt relief options. I am attorney Steven Wiechman, and for more than four decades, I have been helping my clients regain their financial footing and peace of mind through these processes. Falling deeper into debt can be overwhelming, but there are legal options that I can help you explore and pursue.
Skilled attorney helps protect clients from aggressive creditors
If you’re struggling financially, my firm can review your situation and tell you whether bankruptcy is an option. Clients ask for my assistance for a variety of reasons. They may be facing:
- Home foreclosure
- Car repossession
- Job loss
- Utility shutoff
- Mounting medical expenses
- Harassment from debt collectors
It’s easy to become overwhelmed when you are facing mounting debt or being harassed by collectors. If you file for bankruptcy, there will be an automatic stay issued, meaning creditors are immediately prohibited from harassing you about making payments.
Established attorney guides clients through consumer bankruptcy
The Federal Bankruptcy Code gives consumers two primary options to settle their debt issues:
- Chapter 7 bankruptcy — Under Chapter 7 bankruptcy, you will need to pass a means test, which determines whether or not the debtor has sufficient disposable income to repay some portion of their debt. A trustee is then assigned to your case, and they will collect and liquidate certain assets (such as a second vehicle or vacation home) to repay your debts. Exempt assets will not be subject to the liquidation but medical bills and credit cards, can usually be dismissed.
- Chapter 13 bankruptcy — Filing for Chapter 13 bankruptcy involves being tasked with repaying a portion of your debt but you will also get to keep certain assets. You must have sufficient income left over each month after meeting your basic expenses so that you can comply with a repayment plan that will last from three to five years. At the close of your plan, your remaining unsecured debt will be discharged.
While it’s possible to file bankruptcy on your own, an experienced attorney that is familiar with the laws, procedures, and rules of the court often helps clients achieve a better outcome.
Trustworthy guidance on bankruptcy alternatives
Bankruptcy may not always be the best solution for you. My firm advises clients on debt settlements, debt consolidation and the pros and cons of borrowing from retirement funds. I also have business law experience, with the ability to negotiate and work out effective arrangements to prevent insolvency. When considering bankruptcy, many options must be reviewed. Your financial issues are unique to you, and my goal is to find an individual solution to meet your needs.
Contact a Topeka, KS bankruptcy attorney to discuss your options
The Wiechman Law Office, LLC in Topeka, KS, represents consumers in Chapter 7 and Chapter 13 bankruptcy and counsels clients on other debt resolution strategies. My firm serves clients throughout the greater Topeka area, including Manhattan, KS. Call my office today at 785-588-4133 or contact me online to schedule a free initial consultation.