Urban & Burt, Ltd. offers experienced counsel and representation for consumer and business bankruptcy in Chapter 7, Chapter 11 and Chapter 13 proceedings. With more than 31 years of experience, our lead lawyer Edmund G. Urban III assists clients seeking debt relief through the Bankruptcy Code.
The attorneys at Urban & Burt, Ltd. can help you…
- Stop Foreclosures
- Stop Wage Garnishments
- Stop Repossessions
- Stop Lawsuits and Judgments
- Stop Collections and Harassment
- Stop Payday Loans
- Stop IRS Levies and Liens
- Protect Your Home, Automobile, and Furniture
- Protect Your Co-Signers
- Reinstate Driving Privileges
- Catch-Up on House and Car Payments
- Consolidate Your Bills
Bankruptcy laws govern several different types of cases. The four most common are Chapter 7, Chapter 13, Chapter 11, and Chapter 12. Chapter 7 is considered a straight bankruptcy, while Chapters 13, 11, and 12 are forms of reorganization.
In 2005, Congress made numerous changes to bankruptcy law in an attempt to “prevent abuse.” Unfortunately, these changes were made at the requests of the banking lobby and have had a serious negative impact on many middle class individuals. These changes include: required debt counseling before a case can be filed, completion of ‘means testing’, and filing of pay stubs and tax returns to confirm that the debtors cannot afford to pay their debts. The attorneys at Urban & Burt, Ltd. have studied the new laws and can use them to our client’s benefit.
Bankruptcy law is rooted in the basic foundation of our country. The United States Constitution Article I , Section 8 provides that:
The Congress shall have Power To establish uniform Laws on the subject of Bankruptcies throughout the United States.
That is the same section of the Constitution that provides Congress with the authority to collect Taxes, pay the Debts and provide for the common Defense and general Welfare of the United States. Even our founding fathers thought Bankruptcy relief was an important constitutionally protected right.
You should remember to discuss your entire financial situation with your attorney. Proper consultation with a bankruptcy attorney will ensure that you obtain the best possible result from the many available relief options.
Through bankruptcy relief, many debtors are able to re-establish their credit and start fresh. You should never feel embarrassed or ashamed of filing for bankruptcy. If you choose this course remember that you are in the company of millions of Americans that have made the same step towards a fresh start.
