Success Stories

Individual Protects Retirement and Discharges

An older client was spending down her retirement to service credit card debt she had incurred to pay medical bills just prior to becoming Medicare eligible. The client was on a one way path to depleting her retirement and security later in life. We protected her retirement and discharged her credit card/medical debt leaving her with sufficient assets to live comfortably into her later years.

Individual Gets Time to Pay Taxes and Lower Interest Rate

A high income earner owed approximately $130,000 in past-due taxes. The IRS was threatening to levy the client’s accounts and garnish wages and was demanding a shortened period for repayment along with eighteen percent interest and penalties. Through bankruptcy, we obtained a repayment plan discharging a small amount of those taxes and repaying the balance over five years with an effective interest rate of six percent. This saved the client tens of thousands of dollars in interest and penalties alone plus the discharged amount of approximately $30,000.

Real Estate Investment Entity Restructures Junior Mortgages and Avoids Foreclosure

A real estate investment company lost significant revenue through the economic downturn. This lead to default on various mortgages and lenders noticed foreclosure sales. Through negotiations and expert testimony, we established low liquidation values for the properties and stripped and restructured several of the mortgages. These lenders were largely unsecured and were paid seven cents on the dollar over several years along with other unsecured creditors. If the company had liquidated in a Chapter 7, creditors would have received nothing.

Client Saves House from Foreclosure

A client had recently lost his job and was drastically behind on his mortgage. He also had credit card and medical debt. We structured a Chapter 13 plan to save his house from foreclosure and discharge his other debts for a five percent distribution. The plan payments stopped late fees and penalties on his mortgage and allowed him to recover.

Bankruptcy Saves Client from Medical Debts Due to Health Insurance Coverage Denial

Client had serious medical issues and despite paying insurance premiums, the medical insurance refused to cover his losses. We protected his assets and discharged over $300,000 in medical debts and some small credit card debts.

Business Owner Purchases Business Assets and Discharges Business Debt Personal Guaranty

Our client was a business owner who personally guaranteed a large business debt that could not be serviced with the revenue from the business. We had him purchase the minimal business assets for fair value which allowed him to continue to operate in a capacity of sole proprietor. The client paid a three percent distribution to unsecured creditors and discharged all debt including the business loan. The reorganization saved the client nearly a million dollars in debt that was forgiven and the client benefited from the future business revenue that allowed him to earn a comfortable living.

Business Partner Challenges and Invalidates Several Trusts

Client was the victim of complex equity skimming scheme and funds were traceable to several trusts with spendthrift clauses that sought to limit the rights of creditors through bankruptcy. Through intricate challenges to the trustee’s powers under the trusts as well as rights granted under the bankruptcy code, we advanced novel legal challenges to invalidated the trust which led to a substantial settlement for our client.

Free Consultation, Affordable Services

Many people avoid attorneys because they are worried about the affordability of the fees. But trying to protect your assets and eliminate your debt on your own will likely cost you more money in the end. Our services most often pay for themselves. We offer free consultations and will review your financial situation thoroughly and recommend realistic solutions to protect your assets and eliminate your debt.

Find out about the peace of mind that comes with having experienced professionals on your side. We will also answer your questions over the phone. We offer affordable payment plan options and believe that debt relief should not be cost prohibitive. The outcome and success of your situation often depends on the representation and advice you get in advance. Call us today for a free consultation.

Arron W.

Asset

Janetta A.

Emerson A.

Stella M.

I interviewed a number of attorneys and Chris was clearly knowledgeable. But the reason I trusted Chris was that he was not selling me anything. He gave me honest advice as if I was family. He ended up saving me a lot of money. In twenty years of dealing with attorneys, he is the only one I trust without qualification.
I came to Chris with only a few assets and a lot of debt.  But my assets meant a lot to me.  Chris understood that and gave me alternatives to protect my assets from creditors.  He was patient and answered all my questions and walked me through the process.  I cannot thank him enough.
Chris took over for my incompetent bankruptcy attorney at a time when I was on the verge of losing both my house and my discharge. Through a lot of just plain hard work he resolved my situation entirely which for a time I never thought was possible. He showed how much he cares for his clients.
I never thought I would be talking to a bankruptcy attorney. I am so grateful a friend referred you. I will never forget all your hard work and appreciate your honesty through all of this.
Lynn and I want to thank you for all the work you did. We came to you afraid and did not know what to do or where to look. We gave you our trust and you did not let us down. You gave us our lives and peace of mind back. Thank you and all your staff for your kindness. I trust you like family and will refer everyone to you.