Wyoming Bankruptcy Attorney Protects Clients’ Rights
Cheyenne firm winning debt relief cases for more than 20 years
Filing for bankruptcy is an important decision that has significant implications for your life. But when mounting debt begins to feel unmanageable, bankruptcy can provide relief. At Macy Law Office, P.C., in Cheyenne, Wyoming, we help you decide whether filing for bankruptcy is the most effective way for you to take control of your debt.
Negotiator of debt relief options
Bankruptcy is not your only option. Experienced negotiator Mark Macy often works with creditors to develop out-of-court solutions that avoid bankruptcy. Frequently, we can negotiate a smaller debt amount payable in more manageable monthly installments.
Skilled in debt analysis
At Macy Law Office, P.C., we have been assisting people with overwhelming debts for more than 20 years. We analyze your case to determine if bankruptcy will advance your immediate and long-term financial goals. We review your debts, income and expenses and explain the full effects of bankruptcy on your family, business, home ownership and access to credit. If bankruptcy is the right choice, we provide detailed information about the bankruptcy process and a complete picture of the outcome you should expect. Our upfront approach to bankruptcy gives you confidence in your financial future.
Reprieve through automatic stay
Filing a bankruptcy petition automatically triggers an automatic stay, meaning creditors must immediately stop collections letters and phone calls. At Macy Law Office, P.C., we correspond with your creditors from the moment you file for bankruptcy and act entirely on your behalf.
Your bankruptcy options
- Chapter 7 bankruptcy
For individuals and their spouses who own fewer assets and earn smaller incomes, Chapter 7 bankruptcy grants you relief from debts through liquidation of your assets.
- Chapter 11 bankruptcy
For corporations, partnerships and sole proprietorships, Chapter 11 bankruptcy permits your business to continue operating while you pay creditors under a reorganization plan.
- Chapter 13 bankruptcy
An option for families facing foreclosure or whose incomes are higher, Chapter 13 bankruptcy permits you to pay off debts under a court-ordered installment plan extending three to five years. This option provides numerous advantages, including the possibility of keeping your home.
Creditors’ rights in bankruptcies
While bankruptcy laws are quite compassionate towards individuals who’ve fallen on hard times, they can be harsh on creditors who are forced to absorb a loss that helps finance the debtor’s fresh start. Macy Law Office, P.C. also represents creditors in bankruptcy cases. If you’ve received a notice of bankruptcy by someone who owes you money, don’t assume that you have no rights. We know the bankruptcy code inside and out and can advise you on the steps to take to improve your chances of being repaid.
Contact an experienced bankruptcy attorney for a free consultation
Call Macy Law Office, P.C. at 307-369-0382 or contact us onlineto schedule your free bankruptcy consultation. We are eager to put our experience to work for you.