Bankruptcy in the United States is governed by federal law. Personal bankruptcies are typically filed under Chapter 7 or Chapter 13 of the United States Code. Over 95% of bankruptcy filings are non-business related and most of these are Chapter 7 filings. The majority of personal bankruptcy cases involve substantial medical debt, but cases can be very complex.
Stop Foreclosure, Negotiate Debt
If you are in other financial trouble, if you lost your job, you face large student loans, overwhelming bills – we can help stopping foreclosure and repossessions, and stop collection calls. Each client and each situation is different, we’ll take the time to review your best options to deal with your personal situation.
We can also help with general debt negotiation, fair debt collections and mortgage modifications. You will have to provide some information as this is your personal case, but we will work hard take care of the paperwork and make it as easy as possible for you.
Bankruptcy may sound scary to you, but it is your right and opportunity to get a fresh start and security in your life. Call us at (603) 692-4282 – we are here to support you.
Attorney Barrington has the Experience to Help you
Attorney Brian R. Barrington has been filing bankruptcies since 1985, well before most attorneys around have considered the practice and he is on a first name basis with most of the persons involved in this practice area from the clerk’s office to the trustees to fellow attorneys, to the judges. He has filed hundreds of Chapter 7 and Chapter 13 Bankruptcies and basically provides a path of hope to go beyond your current financial crisis to the future. The purpose of bankruptcy is to let the past be buried so that you can go forward without being weighted down by past misfortune and mistakes.
A Chapter 7 Bankruptcy – Liquidation – is available to most people who earn an average income or less. Most of what you own is covered by exemptions, and even though a Chapter 7 is called liquidation, very, very seldom do you actually have to give things up after filing a Chapter 7 because of the exemptions. A homestead exemption in New Hampshire is $100,000.00 per person and there is a wild card exemption of $7,000.00 that can be applied to miscellaneous items that don’t fit the exact categories, such as $5,000.00 for a car or $5,000.00 for tools of the trade.
A Chapter 13 Bankruptcy – Restructuring – is what you use when you have to catch up on your mortgage to stop a foreclosure or you have other nondischargeable debts (debts that can’t be ‘forgiven’, e.g. student loans, taxes, child support, or alimony). A Chapter 13 Bankruptcy can also be used to strip off attachments and second mortgages. In filing a Chapter 13, it is not uncommon for clients to be charged $3,000.00 or more, but we will file a Chapter 13 for an initial $1,500.00, and a portion of the fee can be paid through the plan. Attorney Brian Barrington has successfully seen Chapter 13 Bankruptcies through in Maine and New Hampshire. He will personally guide you through this complicated process.
What are the fees?
Some companies’ deceptively low initial flat fees for filing Chapter 7 and Chapter 13 Bankruptcies may not include action to protect your homestead exemption. Our $1,500 flat fee approach should cover the most likely issues that can happen to you.
Attorney Barrington’s knowledge of domestic law, trusts and estates, civil litigation, personal injury, and workers’ compensation allow him to seamlessly integrate the other practice areas into the bankruptcy issues. Call us at (603) 692-4282 to sit down with Attorney Barrington for an initial half hour free consultation and let him guide you to the best path which may or may not include bankruptcy.