“Excellence is an art won by training and habituation. We are what we repeatedly do. Excellence, then, is not an act but a habit.” (Aristotle)

     Bankruptcy is a legally declared condition of insolvency of a person or organization. Bankruptcy petition is filed in US Federal Court where the affairs of bankrupt person are turned over to a trustee or receiver for administration under the bankruptcy laws. 
     There are two types of bankruptcy: Involuntary and Voluntary. Involuntary bankruptcy is occurred when creditors of an insolvent debtor file a petition having the debtor declared bankrupt. Voluntary bankruptcy is occurred when the debtor files a petition claiming inability to meet financial obligations and willingness to be declared bankrupt. In chapter 7 bankruptcies a trustee may sell the borrower's assets and use the proceeds to repay the creditors thereby removing all debts. Chapter 13 lets a borrower with an income to pay bills off over a set period of time.  
     Our Company. will help you prepare and file a bankruptcy petition for either Chapter 7 or Chapter 13, which will depend on your financial situation plus an equity on your property. 
     We will help you modify your mortgage which can be done through the bankruptcy proceedings or as a separate procedure. 
     If you have second mortgage and have no equity on your property we will help you strip it off as well. 
     If the options discussed above are not of your choice we will help you process a short sale of your property. 
     Our professional staff will negotiate favorable terms for you.