New Hampshire bankruptcy attorney Robert H. Prince takes care to provide his clients with high-quality services personalized for their unique needs. He is available for professional, courteous, and efficient consultation, Monday through Saturday. Our Salem NH law firm serves our bankruptcy clients in Rockingham County, NH, Strafford County, NH, Essex County, MA, Middlesex County, MA.
New Hampshire Bankruptcy Attorney
Knowing that you may have to declare bankruptcy is a frightening, stressful thought. Even if declaring bankruptcy reduces, restructures, or eliminates your debts, you may have to forego some of your assets or extend debt payments for the next 3 to 5 years. Fortunately, you don’t have to go through this process alone! And by getting the legal counsel, representation, and advice of New Hampshire bankruptcy attorney Robert H. Prince, you can protect your rights and go through the bankruptcy process in an intelligent, informed manner.
With years of experience in bankruptcy law, we at the Law Office of Robert H. Prince will help you understand your options and then move forward with confidence. We treat every client with compassion, respect, and concern, and we always make sure that our clients’ interests lead our litigation strategies. To get started on a stress-free, optimized bankruptcy to help you get out of debt and to get a fresh start, call our New Hampshire bankruptcy law office today at (603) 401-0409.
New Hampshire Bankruptcy Process
Although no two bankruptcies are alike, both Chapter 7 and Chapter 13 bankruptcy work towards the same goal – helping you get a breath of fresh air via debt reduction or restructuring. For instance, by declaring Chapter 7 bankruptcy in New Hampshire, a trustee will collect all of your non-exempt assets, liquidate them, and then pay off your creditors with the proceeds from the liquidation. For Chapter 13 bankruptcy in New Hampshire, you will propose a three- to five-year repayment plan to your creditors.
Of course, there are benefits and disadvantages to each type of bankruptcy, and it’s important to weigh your options, know how each type of bankruptcy may affect you, and then move forward with confidence. After determining the best plan of action (with the help of a trusted and experienced New Hampshire bankruptcy attorney), the next step is to prepare and file the proper documentation.
Some of the following steps in the New Hampshire bankruptcy process include:
- Compiling a comprehensive list of your finances (income, living expenses, secured and unsecured debts, tax returns for the past two years, and loan documents)
- Stop creditor action, foreclosures, and lawsuits related to your debts
- Meet with creditors and trustees, if applicable
Depending on the type of bankruptcy you’re declaring, you may have different tasks going forward. For example, a debtor filing Chapter 7 bankruptcy usually doesn’t have to appear at bankruptcy court (unless there is an objection in the case); a debtor filing Chapter 13 bankruptcy mat have to appear in bankruptcy court for a plan confirmation hearing.
Furthermore, if a debtor is going through Chapter 7 bankruptcy, he/she may have to declare his/her exemptions so that they are not liquidated later on.
Benefits of Hiring a Bankruptcy Attorney
The entire bankruptcy process in New Hampshire is quite complex, and it can help to have an experienced and diligent bankruptcy attorney at your side. Not only will a bankruptcy attorney go through your case to determine the best option, but your attorney will also use the full-range of New Hampshire’s bankruptcy laws to optimize your situation as much as possible. Lastly, an experienced bankruptcy attorney can help stop the collection calls and creditor harassment, giving you the breathing space needed to retake control of your debt.
Contact the Law Office of Robert H. Prince Today
Living with debt and financial troubles can be stressful. Nevertheless, with the help of the New Hampshire attorneys at the Law Office of Robert H. Prince, you can benefit from an experienced, compassionate attorney who’ll stand by your side and help you regain control of your finances. For a free, no-obligation consultation with attorney Robert H. Prince, call our New Hampshire law office today at (603) 401-0409.