You may have assets such as a car or home, but this does not mean you will lose them as part of the bankruptcy proceeding. In fact, most debtors are able to keep all of their assets without losing one piece of property! When the bankruptcy laws were passed, the intent of the Chapter 7 Bankruptcy law was to give debtor's (a debtor is a person who declares bankruptcy) a fresh start. Taking all of your assets and leaving you on the street corner is not giving you a fresh start. This is why the law allows you to keep assets under different exemption categories. There are exemption categories for your home, your car, your household goods, your retirement, etc.
What all of this means for you is that it is possible to discharge (discharge means to get rid of) your debt while keeping your home, car, bank account, and other assets. This gives you the ability to start over and truly get the fresh start the government intended.
Do I have to go to Court?
What is the cost?
Why should Jay Jump be my attorney?
How does the process work?
How long does the process take?
Will I lose my property?
Can creditors continue to harass me?
How does bankruptcy affect my credit?
Can I repair my credit after the bankruptcy?
Is bankruptcy published in the paper?
Will my employer find out?
How will bankruptcy effect my marriage?
What about cosignors on accounts?
Will I be able to buy a house after bankruptcy?
Are all debts dischargeable?
What about my house and my car?
Should I keep certain debts?
Our goal is to ensure that you keep all of your personal belongings and assets. It is our job to represent you and make sure the bankruptcy is beneficial to you, our client. If we see problems with your case, we will be sure to let you know before you file.
In almost every case we handle, our clients are able to retain all of their assets.
When we attend the hearing with you, an attorney will be present to represent you to ensure your rights and that creditors are only allowed to ask questions which are relevant. Should any creditor get out of line, we are present to reign them in and control the proceeding.
When you go to Court, you must bring proof of your identify (driver's license or other identification) and your social security card. If you do not have a social security card, you may bring other proof of your social security number such as a paystub, medical benefits card, W2, or tax return.
If you do not bring these items, the trustee will continue the hearing and require you to come back a second time.
Our firm will charge you a base fee up front of $1000.00. Depending on your case, there may be additional fees. Our fees are based upon our experience, expertise, and knowledge of bankruptcy. Our view of fees is that you get what you pay for. There are some firms out there who charge less than us and you may even be able to find a typing service to do it for you. But bankruptcy is alot more than having a set of papers prepared.
Declaring bankruptcy is not a static event. Creditors must be contacted, communication with the Court must be maintained, and the trustee must be satisfied that your case is being handled properly. Taking care of these issues only comes with experience and exposure to the bankruptcy system and the Court. The Jump Law Group has the expertise, knowledge, and experience to ensure that you receive the best representation throughout the bankruptcy process.
We recognize that there is a reason you are declaring bankruptcy and we have priced our services accordingly. Understanding that it is tempting to pay a petition preparer $149.00 for your original papers, is it wise to gamble your financial future based upon the lowest price?
Hiring the Jump Law Group provides you with a team that has the experience to make sure your case goes correctly and is ready to step in when the case does not go the way it should.
Bankruptcy Fees will be going up when the new law takes effect. If you were thinking about waiting to file bankruptcy, now is the time before the new law makes it more difficult!
Other law firms are taking notice. Counsel from around the country will often consult with Mr. Jump on how to handle cases, his materials have been used at national conventions as examples of how to proceed in bankruptcy court and Mr. Jump has been asked to speak at both debtor's and creditor's legal education seminars for other attorneys.
But Mr. Jump is not the only reason to choose the Jump Law Group. The entire office is dedicated to the cause of the consumer debtor. Each day they effectively represent and advocate for their clients. It is a singular cause they campaign for and that is to ensure that each client walks away from the Jump Law Group with the help and assistance they need to get their lives back on track.
Second, call our office and set an appointment. Our staff can sit down with you and assess what your needs are. It is a very straightforward interview and our friendly and competent staff will be able to provide you with some direction. It may not be a bankruptcy.
After you have reviewed your options with our staff, you will meet with an attorney who can listen to your situation and recommend a plan based on your needs. Once you have retained our offices we become a firewall between you and your creditors. You may refer them to our offices if they continue to harass you.
After an action plan has been developed, an attorney will oversee the preparation of your documents and you will come back to our offices to sign the petition.
Upon your approval, we will electronically file your case with the United States Bankruptcy Court. Notice will be provided to your creditors alerting them that there will no further contact with you and the date and time for the 341 meeting.
About thirty days after the date of filing, you and your attorney will meet in court. A hearing will be held with the United States trustee and any of your creditors which may be present.
After the hearing, 60 days will pass. At the end of the sixty day period, you will receive your discharge in the mail. This signifies the end of your bankruptcy case. You will receive notce from our office that the case has been discharged and the process of rebuilding your credit now begins.
Do not try to rush into buying a new home or car immediately after your bankruptcy. Take the time to rebuild your credit and purchase a home you can afford with an interest rate you can handle.