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Albuquerque Chapter 7 Attorneys

At the law office of William F. Davis & Associates, P.C., our Albuquerque Chapter 7 lawyers offer debt-relief solutions for both commercial business owners and individuals. Chapter 7 bankruptcy offers qualifying individuals and business owners a way to wipe out unsecured debt, with certain exceptions, and get a fresh financial start.

Freeze All Collection Actions Taken Against You

Bankruptcy freezes all actions that creditors and others may be taking against you to collect on their debt — stopping foreclosure, repossession and garnishment and creditor and tax collector harassment. This breathing space can give you the time that you need to make decisions about your financial life that can help you get back on the path toward sound financial footing.

Our Albuquerque law firm offers potential commercial and individual clients the opportunity to ask questions and obtain information about bankruptcy as an option in a free initial consultation. Contact our bankruptcy law firm online now. Call 505-243-6129 or 800-675-6129.

Businesses and Chapter 7

Chapter 7 in business is not as common as filing for Chapter 11 business restructuring, but it is happening more often these days. A business Chapter 7 bankruptcy typically means that you are seeking liquidation of your business and selling off its assets to pay business debts, often tax debts.

Many small business owners have used their personal line of credit to finance their businesses and now can no longer pay that debt off. We can sit down with you and analyze your financial situation, asking the hard questions about solvency, your business's future and determining how you can find personal debt relief.

Consumer Chapter 7 Bankruptcy — Get a Fresh Start

If you do not have substantial assets and your income for the past six months was lower than the median income for a family of your size in New Mexico, you may qualify for Chapter 7. We can help you determine whether Chapter 7 or Chapter 13 is right for you.

If you owe more on your house than it is worth or your adjustable rate mortgage is now too high for you to pay, we can talk about how to resolve your situation through bankruptcy or other appropriate alternatives.

Bankruptcy and Divorce

Moving from one household with two incomes to two separate households can result in extreme financial difficulties. We can help you look at the optimum timing of your divorce and bankruptcy to maximize your solvency as you move to the next chapter of your life.

New Mexico Personal Bankruptcy Lawyers Providing Comprehensive Guidance

Call 505-243-6129 or 800-675-6129 or contact our bankruptcy law firm online today to schedule your free initial consultation with one our experienced attorneys.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.