Southeast Iowa Bankruptcy & Debt Relief Attorneys
If you’re like most of our clients, you probably never saw yourself contemplating filing for bankruptcy. You may feel that it carries a stigma of personal defeat or failure. But the truth is that the bankruptcy process has been around for hundreds of years in the United States, and the law is there to help hard workers, job creators, and entrepreneurs like yourself move on up from beneath the crushing burden of debt so that they can get a fresh financial start and continue to be productive, contributing members of our society and economy. At the Noyes Law Office in Fairfield, Iowa, we have helped thousands of Iowans navigate the bankruptcy process and get back on their feet, and we can do the same for you. Contact our professional Southeast Iowa bankruptcy and debt relief attorneys today.
At What Point Should I Consider Bankruptcy?
Our goal at the Noyes Law Office is to make filing bankruptcy as smooth as possible for you. We find that most debtors run into problems and make things harder on themselves than is necessary because they are not fully educated about bankruptcy. They overestimate the downsides of filing bankruptcy and imagine outcomes that are not based on the reality of the law. As a result, these debtors think of bankruptcy as an absolute last resort, and wait far too long to seek financial counseling about the benefits the law provides in the bankruptcy process. While it’s never too late to seek assistance, the earlier you seek help with understanding what filing bankruptcy can do for you, the more we will be able to help you achieve the best possible financial outcomes for your situation.
What Can I Expect in the Bankruptcy Process?
When you work with Ed Noyes and his team at the Noyes Law Office, you will get personalized, experienced guidance from start to finish with achieving your financial goals through the bankruptcy process. Here’s what you can expect as we guide you through the process:
- Free Initial Consultation: An attorney or legal assistant on our staff will meet with you to discuss your financial options and how the bankruptcy process can help you achieve them.
- Gathering of Financial Documents: We will work together with you to gather all relevant financial statements, invoices, income information, tax returns, etc.
- Payment of Attorney and Filing Fees: You will decide to file for either the Chapter 7 or Chapter 13 bankruptcy process. In a Chapter 7 filing, attorney fees must be paid prior to filing, unless different payment plans are arranged.
- Obtainment of Credit Counseling Certificate: If you are looking to consolidate debt, then you will be required to undergo credit counseling and fulfill the requirements for obtaining a credit counseling certificate.
- Meeting to Sign Petition and Finalize Information: We will meet with you to finalize the contents of your bankruptcy petition for accuracy.
- Filing of Case: We will file your bankruptcy petition with the U.S. Bankruptcy Court.
- 341 Meeting: If you file for Chapter 13 bankruptcy, then a meeting will occur in which your creditors will meet with your bankruptcy trustee and you to discuss the proposed payment plan we have put together with you.
- Obtainment of Financial Management Certificate: You will be required to take a course in financial management to obtain a discharge of your debts in bankruptcy.
- Closing of Case: Assuming the bankruptcy is not contested, we should be able to close your bankruptcy case within approximately 90 days of filing.
- Payments Made According to Plan of Chapter 13 Bankruptcy: In a Chapter 13 bankruptcy proceeding, you would then send debt payments per the terms of your finalized plan to your Chapter 13 bankruptcy trustee.
Do You Work with Businesses Filing For Bankruptcy?
Yes, we do. At the Noyes Law Office, we help small businesses through the bankruptcy and/or reorganization process to help them and their owners get a fresh start financially and continue the business, if possible. In many cases, businesses can avoid bankruptcy through conducting a workout with banks and other creditors or through financial planning. Call us to see what we can do to help maintain and strengthen your small business.
Won’t My Credit Be Ruined if I File for Bankruptcy?
While there may be a temporary lowering of your credit score following a bankruptcy action, we are committed to helping you regain your good credit. We offer an associated program “7 Steps to 720” which may help you to bring your credit score back up to a 720 or above.
What If I Can’t Afford a Lawyer?
We offer payment plans with as low as a $100 retainer. Once we begin working with you, we can quickly put an end to debt collection and wage garnishment. Contact us to discuss finding a payment plan that works for you.
Contact the Noyes Law Office Today to Get Back on the Road to Freedom
If you would like to explore your legal and financial options for entering into the bankruptcy process, call the Noyes Law Office today at 641-472-3236 or 800-875-7148 to schedule your free consultation. Contact our experienced Southeast Iowa bankruptcy and debt relief attorneys today.