North Carolina Bankruptcy Attorney Gets You a Second Chance
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 the Lutz Law Firm in Shelby, North Carolina, Attorney Robert Lutz helps 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. Robert often works with creditors to develop out-of-court solutions that avoid bankruptcy. Frequently, he can negotiate a smaller debt amount payable in more-manageable monthly installments.
Experts in debt analysis
The Lutz Law Firm has been assisting people with overwhelming debts for more than 15 years. Robert analyzes your case to determine if bankruptcy will advance your immediate and long-term financial goals. He reviews your debts, income, and expenses, and he explains the full effects of bankruptcy on your family, business, homeownership and access to credit. If bankruptcy is the right choice, he provides detailed information about the bankruptcy process and a complete picture of the outcome that you should expect. His upfront approach to bankruptcy gives you confidence in your financial future.
Reprieve through automatic stay
Filing a bankruptcy petition automatically triggers a stay, meaning that creditors must immediately stop collections letters and phone calls. Robert corresponds with your creditors from the moment you file for bankruptcy, and he acts 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 for families whose incomes are higher, Chapter 13 bankruptcy enables 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. Also, there is no upfront fee for Robert's services, which is different from most attorneys handling Chapter 13. He is paid based on debtor's payment to the trustee. He gets paid his fee over a period of three to five years.