Helping you find debt relief
When mounting debt becomes unmanageable bankruptcy can provide relief. At the Alexandria Law Office of John T. Donelan, we help you decide if filing for bankruptcy is the most effective way for you to take control of your debt problems.
Debt analysis assistance:
We have been assisting people with overwhelming debt problems for 26 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 collection efforts, including letters and phone calls. We correspond with your creditors from the moment you file for bankruptcy and act entirely on your behalf. All communications with your creditors is handled by our office.
The Firm has extensive experience in filing motions for relief from stay, proofs of claim, objections to proofs of claim, Section 523 and Section 727 complaints, objections to disclosure statements, objections to confirmation of chapter 11 and 13 plans, prosecution and defense of preference actions and other miscellaneous creditor actions.
Your bankruptcy options:
Chapter 7 bankruptcy:
Chapter 7 bankruptcy is available to individuals and businesses looking to quickly and simply resolve their debts. Provided you pass the courtâs means test, Chapter 7 bankruptcy grants you relief from debts through the liquidation of your assets. Because many household and personal items are exempt, you can make a fresh start with limited disruption to your life.
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 for those with higher incomes, 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.