Under the new bankruptcy laws, every prospective bankruptcy debtor needs to prepare a “means test” statement to determine whether he or she (or they in the case of a married couple) qualify for Chapter 7 bankruptcy.
Chapter 11 Bankruptcy is often referred to as business reorganization. While Chapter 11 is available to both businesses and individuals it is rarely used by the latter due to high legal fees and administrative costs.
YOU HAVE THAT SINKING FEELING...
Times of financial trouble can be one of the most stressful and challenging periods in a person’s life. It has a way of compounding until you feel like you’re drowning in a sea of red ink.
No matter how hopeless the situation may seem, it’s important to know you have options. Lenz Law Firm, LLC is a Federally designated debt-relief agency that has helped many people successfully file under various Bankruptcy Chapters, such as Chapter 7, Chapter 11 and Chapter 13. We realize that contemplating bankruptcy can be an intimidating decision—but it isn’t one you have to make alone. The Lenz Law Firm, founded by Kenneth Lenz, is an experienced law firm that has helped hundreds of clients achieve financial stability. We also work on the behalf of borrowers in foreclosures, mortgage modifications and other types of cases. In the face of a troubled economy and rising foreclosure rates, we help families keep their homes.
Lenz Law Firm will do everything we can for you on the way to recovery. We’re not a high volume “bankruptcy mill.” You’ll find we handle each of our cases professionally and personally. No case is too small; our clients truly matter to us.
To take the first step to reclaim your financial independence, contact us today for a free consultation.