Fast And Effective Debt Relief

In life and business, it can be all too easy to fall into debt. Once you get into that downward spiral, it can seem almost impossible to get out. Fortunately, there are legal options available to help. A debt relief lawyer can help you review your options and find a path to return to financial stability.

At K. Keith McAllister Attorney at Law, we help small businesses, large corporations, individuals and other types of clients with a variety of debt relief strategies,including personal bankruptcy and business bankruptcy.

Chapter 7 Bankruptcy

Perhaps the fastest and most effective form of bankruptcy is Chapter 7. Available to both individuals and businesses, Chapter 7 allows those who qualify to eliminate most kinds of debt within a few months.

However, anyone considering Chapter 7 should be aware of two of the potential drawbacks of this type of bankruptcy. First, Chapter 7 requires businesses and may require individuals to liquidate some of their assets in order to pay off their creditors. Second, some debts are harder than others to discharge through Chapter 7, such as student loans, support payments, and taxes.

Businesses typically choose Chapter 7 only when they are ready to wind down operations. Individuals find chapter 7 useful to reduce debt loads by the outright discharge of debt, including income tax debt.

Learn About Your Options

To learn about your options for reducing or eliminating debt, whether through bankruptcy or other strategies,call the law office of K. Keith McAllister Attorney at Law today at 800-713-0849 to schedule a free initial consultation. You can also contact us through email.

We represent businesses and individuals throughout the San Francisco Bay Area.

We are a debt relief agent. We help people and business file for bankruptcy under the U.S. Bankruptcy Code.