Spokane, WA – Individuals and businesses contemplating bankruptcy worry about their credit, reputation and self-esteem. However, when they decide to file a claim, they are instantly protected from their creditors and freed from the stress of meeting monthly financial obligations. When a bankruptcy lawyer files a proceeding in federal court, an automatic stay is issued, preventing creditors from making a collection unless the court allows it.
The Law Firm of Robert C. Hahn, III, PS is a full-service law firm that makes bankruptcy available to clients who have become debt slaves. Attorney Robert C. Hahn and his team of legal professionals give clients a fresh financial start using a simple, easy-to-understand representation approach. They educate them on their legal rights/options, handle all paperwork, keep lines of communication open, meet deadlines, and provide case updates with respect and compassion.
Chapter 7, also known as Fresh Start Bankruptcy, is a form of debt relief designed to help individuals pay off their credit card debt, personal loans, mortgages, their car payments and medical bills. Before filing, the bankruptcy lawyers in Spokane determine if a customer is eligible or if they will be able to keep all or part of their assets. Filing for Chapter 7 prevents creditors from taking action against an individual, stops collection efforts/wage garnishments, protects personal assets and allows the client to be debt free within 3 months of filing . However, Chapter 7 does not eliminate debts for student loans, taxes, alimony, or criminal restitution.
Along with Chapter 7, the law firm of Robert C. Hahn, III, PS helps clients file for Chapter 13 bankruptcy. Reorganization Bankruptcy allows individuals to create a payment plan to settle their debts with government creditors, debtors or credit institutions. Since Chapter 13 lasts 3-5 years, a person must demonstrate their ability to pay their creditors through employment income, pension/social security, or income from work independent. While most cases are filed under Chapter 7, Chapter 13 halts collection efforts, reduces the amount of debt, and allows individuals to negotiate interest-free repayments without losing their assets.
To keep a business going while repaying creditors over time on new terms, owners can file for Chapter 11 bankruptcy with the Spokane Law Firm. When a company is operating in financial difficulty, its assets may be sold for a higher price or restructured for the benefit of the creditor. Chapter 11 can be filed by corporations, business owners, and LLCs.
Attorney Robert C. Hahn is a highly skilled and qualified attorney with over 20 years of experience. He has represented thousands of people in bankruptcy cases, giving them debt relief or the financial restructuring they needed to get back on track. Mr. Hahn prioritizes building relationships with his clients to fully understand their issues before advocating for them or helping them achieve their financial goals. Check their website to learn learn more about their Spokane office.
To request a free consultation, call 5099219500. The law office of Robert C. Hahn, III, PS is located at 2906 N Argonne Rd, Spokane, WA, 99212, US.
The Law Office of Robert C. Hahn, III, PS
2906 N Argonne Road