McConnell Law Group | Bankruptcy | McConnell Law Group

Bankruptcy

Bankruptcy can be a daunting process to go through alone. From deciding which type of bankruptcy to file for, to understanding the benefits and obligations, an experienced attorney provides valuable guidance through this difficult time. Mr. McConnell makes your struggle his priority with personal attention and over 15 years of experience. More than a bankruptcy mill, Mr. McConnell will only recommend bankruptcy if it is the best solution for your situation.

Below you will find some more information on the different chapters of bankruptcy that fall within Mr. McConnell’s expertise.

Chapter 7

Chapter 7 is what most people think of when they hear the word “bankruptcy.” It is a liquidation bankruptcy where everything you own is put into a “pot” called your bankruptcy estate. A trustee is appointed by the Court to oversee your bankruptcy estate and to liquidate the “pot” to provide funds to distribute to your creditors.

Click here to learn more about Chapter 7 bankruptcy.

Chapter 11

While similar to Chapter 13 bankruptcies, Chapter 11 bankruptcies are much more complicated.

Click here to learn more about Chapter 11 bankruptcy.

Chapter 12

Chapter 12 bankruptcy is for family farmers and fishermen. It can serve as a great tool for preserving your family business operation.

Click here to learn more about Chapter 12 bankruptcy.

Chapter 13

A Chapter 13 bankruptcy is a personal reorganization bankruptcy. It is most often filed by those who are trying to catch up their payments on a home or vehicle or by those who make too much money to qualify for Chapter 7.

Click here to learn more about Chapter 13 bankruptcy.