At Fredric M. Boyk, Attorney at Law in Toledo, Ohio, we help you decide whether filing for bankruptcy is the most effective way for you to take control of your debt.
Helping you find debt relief --
Filing for bankruptcy is an important decision that has significant implications for your life. But when mounting debt begins to feel unmanageable, bankruptcy can provide relief. At Fredric M. Boyk, Attorney at Law in Toledo, Ohio, we help you decide whether filing for bankruptcy is the most effective way for you to take control of your debt.
Negotiators of debt relief options --
Bankruptcy is not your only option. Fredric M. Boyk, Attorney at Law is an experienced negotiator who can often work with creditors to develop out-of-court solutions that avoid bankruptcy. Frequently, we can negotiate a smaller debt amount payable in more manageable monthly installments.
Experts in debt analysis --
At Fredric M. Boyk, Attorney at Law, we have been assisting people with overwhelming debts for more than 15 years. We analyze your case to determine if bankruptcy will advance your immediate and long-term financial goals. We review your debts, income and expenses, and explain the full effects of bankruptcy on your family, business, home ownership and access to credit. If bankruptcy is the right choice, we provide detailed information about the bankruptcy process and a complete picture of the outcome you should expect. Our upfront approach to bankruptcy gives you confidence in your financial future.
Reprieve through automatic stay --
Filing a bankruptcy petition automatically triggers a stay, meaning creditors must immediately stop collections letters and phone calls. At Fredric M. Boyk, Attorney at Law, we correspond with your creditors from the moment you file for bankruptcy and act entirely on your behalf.
Your bankruptcy options:
Chapter 7 bankruptcy -- For individuals and their spouses who own fewer assets and earn smaller incomes, Chapter 7 bankruptcy grants you relief from debts through liquidation of your assets.
Chapter 11 bankruptcy -- For corporations, partnerships and sole proprietorships, Chapter 11 bankruptcy permits your business to continue operating while you pay creditors under a reorganization plan.
Chapter 13 bankruptcy -- An option for families facing foreclosure or whose incomes are higher, Chapter 13 bankruptcy permits you to pay off debts under a court-ordered installment plan extending three to five years. This option provides numerous advantages, including the possibility of keeping your home.
Contact an experienced bankruptcy attorney
Call Fredric M. Boyk, Attorney at Law at 419-327-6160 today for a free initial telephone consultation, or contact us online.