Filing for bankruptcy is step one of your fresh financial future. Some think there is a stigma associated with those who must file for bankruptcy, but in truth, for those in serious financial straits, filing for bankruptcy is often the most financially responsible way forward. If you are concerned about your mounting debt, calls from creditors or the potential loss of your vehicle or home, you must call the offices of Giordano, DelCollo, Werb & Gagne, LLC while there is still time to make the appropriate arrangements. Begin reclaiming your peace of mind today!
Filing for Bankruptcy Means You Can
Keep the Lights On
Yes, especially for those filing for Chapter 7 Bankruptcy in Delaware, the law protects you from a utility company from discriminating against you due to bankruptcy:
If, within 20 days after a chapter 7 case is filed, the debtor furnishes a utility company with a deposit or other security to insure the payment of future utility services, it is illegal for a utility company to refuse to provide future utility service to the debtor, or to otherwise discriminate against the debtor, if its bill for past utility services is discharged in the chapter 7 case.
Get Relief from Creditors
Chances are good that if you are considering filing for bankruptcy in Delaware, you have been on the unpleasant end of numerous collection calls from creditors. These calls will continue until you file for bankruptcy or satisfy the debt.
If you file for Chapter 7 Bankruptcy, your creditors will be notified and the calls and efforts to collect must cease. Often, the debt is discharged.
If you are looking to file for Chapter 13, this means that you intend to pay back debts, but are looking for temporary relief from creditors. In this case, creditors are notified and you are put on a schedule according to which, you will pay down the debt over time.
Hold onto Your Home
Chapter 7 laws allow for a number of exemptions that will enable you to keep your house. We will fight to keep you in your home throughout this process.
For those filing for Chapter 13, chances are you have a lot more equity in your home. Chapter 13 bankruptcy filing is suited more to those who have secured debts such as a house or vehicle but may be late on payments. It is our goal to help you file for Chapter 13 bankruptcy so that you can keep your property while catching up on your payments.
Avoid Vehicle Repossession
Many folks in Delaware choose to file for Chapter 13 bankruptcy because they are afraid they will lose a vehicle due to a bank or creditor’s decision to move forward with repossession. If you are late on your monthly auto loan payment, but feel that, if given time and leniency, you could get back on track, filing for Chapter 13 bankruptcy may be the best choice for you.
Regain Peace of Mind
It’s amazing how much better you and your family will feel once the calls stop. Stop being afraid to answer the phone or pick up the mail! Call the offices of Giordano, DelCollo, Werb & Gagne, LLC today and take the first step towards living free from the nightmares that come with overwhelming debt.