Types of Bankruptcy

Vancouver Bankruptcy Attorneys Helping You

If you have found yourself in a situation where you are unable to pay debts related to purchases, student loans, a mortgage, or business expenses, the experienced and competent Vancouver bankruptcy attorneys at Beaty Hatch PC can provide knowledgeable assistance and insightful advice for both personal and business bankruptcy cases.

What Type of Bankruptcy Should You File for?

As a consumer, you may have accrued debt in a variety of ways, including a home mortgage, student loans, vehicle loans, credit cards, or other purchases. Debt can quickly become overwhelming, and if you find yourself in a position where you are having difficulty making monthly payments and reducing the amount you owe, bankruptcy may be a good option. The law firm of Beaty Hatch PC has an in-depth understanding of bankruptcy laws in Washington and can help you with your case.

You may be eligible for bankruptcy relief for either Chapter 7 or 13, depending on your circumstances, the amount of your income, and the nature and amount of your debts. Chapter 7 is an asset liquidation of non-exempt property (property not protected by exemption laws). In a Chapter 7, we utilize our skill set to maximize the protection of your property using state and federal exemptions. Chapter 13 involves financial restructuring, reorganization, and may include loan modification with the object of paying your creditors on a set monthly basis. In a Chapter 13, we will create a feasible plan, allowing you to maintain your monthly expenses, seek protection of your home and vehicle, and help re-establish your credit.

Get the Legal Counsel You Need

The Vancouver bankruptcy attorneys at Beaty Hatch understand the importance of preserving your business. We can assist you in filing for Chapter 11 bankruptcy, which will give you the chance to reorganize your debts and pay off creditors, ensuring the safety of your business.

Please call our bankruptcy lawyers for a consultation at (360) 566-6966, or fill out our web form for a prompt response regarding your personal bankruptcy or business bankruptcy legal needs.