Bankruptcy

Huntsville, Alabama, Bankruptcy Lawyer

Are you living with the burden of overwhelming debt? Whether you are an individual or a business owner, bankruptcy may be a viable option for you to obtain a fresh start on your finances.

The Huntsville law firm of Johnston, Moore & Thompson offers effective and experienced bankruptcy help to individuals and businesses. We handle Chapter 7 and 13 filings for individuals and Chapter 11 filings for businesses.

Would you like to speak with an attorney about getting out of debt? Call our firm at 888.636.3759 to schedule your free consultation.

"As soon as you file a bankruptcy petition, an automatic stay goes into effect. Creditors can no longer contact you about pre-petition debt. Foreclosures stop. Wage garnishments stop. The bankruptcy petition gives you a breathing spell so you can consider your options." — Johnston, Moore & Thompson bankruptcy attorney Rebecca Hill

What Type of Bankruptcy Is Right for You?

Bankruptcy laws are now more complex than ever. Knowing the right steps to take can preserve your assets and protect your financial future. Our law firm has been helping individuals and companies obtain debt relief for more than 70 years. With help from our firm, you can face your debt issues and start anew. Discuss with a knowledgeable bankruptcy lawyer the types of bankruptcy available to you:

• Chapter 7 bankruptcy: A trustee is appointed to determine whether a debtor has enough assets to sell and distributes any proceeds to creditors. When businesses file under Chapter 7, they generally go out of business.
• Chapter 11 bankruptcy: This is debt reorganization for businesses. The business can remain in control of its finances and under operation.
• Chapter 13 bankruptcy: Generally thought of as "wage earner bankruptcy," this chapter selection allows people who earn an income to reorganize debt payment into a three to five year repayment plan.

Bankruptcy Is Not the End of the World

While we may be able to recommend credit counseling and find ways to avoid filing a bankruptcy petition, we do believe bankruptcy is the best option for many. Let Johnston, Moore & Thompson help you put an end to creditor harassment, stop home foreclosure, keep your vehicle and refinance when possible with financial institutions.

Contact us today to schedule your free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.