Law Firm of Kevin D. Judd

601 Pennsylvania Avenue South Building
Suite 900
Washington, District Of Columbia 20004
United States
view phone202 483 6070
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What Is Bankruptcy? How Can It Help Me?

Determine if Bankruptcy is the Right Option for You

What is bankruptcy? Can It Help You?

There are many circumstances that can cause hard-working, honest individuals to get in over their heads financially. Losing your job, medical bills or an unexpected event can make your finances unmanageable. At the Law Firm of Kevin D. Judd, our Washington DC bankruptcy law firm will work with you to eliminate or consolidate your debt, stop foreclosure and then restore your financial freedom.

You might ask yourself: what is bankruptcy? Are there are different types? How you would I go about filing? We have provided some further information below.

What Do I Need to Know About Bankruptcy?

Bankruptcy Information: Information and facts about commonly used bankruptcy phrases and what your options are.

Chapter 7 Bankruptcy: Chapter 7 bankruptcy is also known as debt liquidation, and it eliminates all dischargeable debt. Creditors cannot pursue wage garnishment, harass you with phone calls or take any other action against you such as threatening repossession. It eliminates debt and, thus, you do not have to repay it. There are, however, non-dischargeable debts that do need to be paid such as student loans and child support payments.

Chapter 13 Bankruptcy: Chapter 13 bankruptcy essentially means setting up a payment plan based on your projected future earnings to repay your creditors within three to five years. Chapter 13 bankruptcy is for individuals who have a regular income but fell behind in payments and/or are about to lose their house or car.

Home Foreclosures: Get foreclosure help as well as tips on how to avoid foreclosure or stop foreclosure with bankruptcy.

Managing Consumer Debt: Find out what you can do to manage your debt and also how to avoid “credit repair” services.

Bankruptcy Means Test: What is the bankruptcy means test and why do you need to use it?
Solutions for Student Loan Debt: How can bankruptcy help you with your student loans?
Frequently Asked Questions: Get answers to frequently asked questions about bankruptcy laws and types of bankruptcy.

To discuss your specific lawyer needs, please contact Kevin D. Judd, Attorney at Law at (202) 483-6070