Gillette Bankruptcy Lawyers

Bankruptcy is not a dirty word, it is a right provided for by our nation’s laws. Especially with the extreme financial impact and pressures of the pandemic and response, it’s a more important right than ever. Bankruptcy is a safety net and sometimes it is the best option. If you believe bankruptcy may be right for you, please don’t hesitate to contact our skilled Gillette, Wyoming bankruptcy lawyers for a free consultation today.

Bankruptcy Lawyers Serving Clients in Gillette & Throughout Wyoming

Here at 307 Bankruptcy, we proudly represent clients through the Chapter 7 and Chapter 13 bankruptcy process to help them deal with a wide range of debts, including:

• Credit Card Debt
• Medical Debt
• Student Loan Debt
• Tax Debt
• Mortgage Debt

Why Now?

Right now is the perfect time to talk about bankruptcy with our lawyers. Planning when to file for bankruptcy is one of the best ways an experienced attorney can help you get the most from your bankruptcy. If you time it right, you can avoid losing your tax refund for 2021 and get to spend that money on your family instead of giving it to the bankruptcy court.

When you file a bankruptcy petition, the court appoints someone called a Trustee. The Trustee’s job is to make sure the bankruptcy is fair and the main way they do that is by taking whatever money they can from you and dividing it among those you owe money. The Trustee can take whatever portion of your tax refund is owed to you when you file for bankruptcy. For example, if you file for bankruptcy on June 30, the Trustee will take half of the tax refund you get the following year. If you file at the end of December, the Trustee will take your entire refund the following year.

Here is what we are advising our clients. Hire us to begin your bankruptcy now. Get everything together so we can file in February or March. File your taxes for 2021 as soon as possible. Get your refund and spend it down after consulting with your attorney (you will need to show how you spent it). You can also spend your tax refund without trouble hiring a bankruptcy attorney. Then as soon as your refund is spent down, file for bankruptcy. This strategy has helped hundreds of local families get to use their tax refund instead of handing it over to the Trustee.

Fill out the form below to schedule a free bankruptcy consultation to see if it is right for you. If you are struggling with debt, don’t put it off, now is the critical time.

What is the Process for Filing Bankruptcy?

Though bankruptcy is rather involved, a brief overview of the process is as follows:

1. Bankruptcy starts with you compiling information and documents that your attorney will need to prepare your petition. This is a time-intensive process and requires significant gathering of information and documents you might not have readily available.
2. Before filing your bankruptcy petition, you also have to take and complete a credit counseling course. This course can often be completed online and costs a small fee.
3. Next, you may then file a bankruptcy petition with the Court. There is a fee associated, which is typically included in your attorney’s fees.
4. After the filing of the petition, the Court then sets a meeting of the creditors, which is usually conducted over Skype. It will be held within two months of your petition being filed. Primarily, this meeting allows the bankruptcy trustee to ask you questions about your assets, debts, employment, and bankruptcy petition. Your creditors are also allowed to attend this meeting, but they rarely do. After the meeting of the creditors, the Trustee may require further information from you, by issuing what is called a trustee’s directive.
5. After the trustee’s meeting, you must take a second credit counseling course and complete it within sixty days of the meeting of the creditors. Much like the first course, you can usually complete the second course online.
6. Additionally, if you are able and choose to reaffirm certain debts, you must do this within sixty days of the meeting with the trustee. The most common debts reaffirmed are mortgages and car loans because people often want to keep their homes and vehicles if they can.
7. Then after sixty days, if everything went smoothly, you will get a discharge. This means you no longer owe the debts that were listed in your petition.
8. Months later, the bankruptcy case will be closed and it is done.

How Our Firm Can Help

Dealing with substantial debt is incredibly stressful. Depending on your circumstances, you may be facing home foreclosure, auto repossession, or persistent calls from creditors. The Gillette bankruptcy attorneys at 307 Bankruptcy can help you regain control over your financial situation and work toward a better, more secure future.

Our team of dedicated legal professionals can help you by:

• Determining if you are a candidate for bankruptcy
• Determining which type of bankruptcy you should file
• Gathering and submitting necessary paperwork
• Putting an immediate end to creditor harassment
• Working to stop foreclosure/auto repossession
• Answering your questions and addressing your concerns
• Communicating with you throughout the process
• Representing you at bankruptcy hearings

At 307 Bankruptcy, our lawyers have a history of treating our clients like family. We understand how stressful dealing with major debt can be, which is why we go above and beyond to provide our clients with compassionate guidance and the skilled legal services they deserve. Our team is flexible and willing to work around your needs. We offer discounted rates and free initial consultations to make the process easier for you.

Contact Our Gillette, Wyoming Bankruptcy Lawyers

Though the bankruptcy process may seem daunting, you don’t have to go it alone. Our legal team serves clients in Gillette and throughout the state of Wyoming. Simply contact the knowledgeable and skilled Gillette, Wyoming bankruptcy lawyers here at 307 Bankruptcy for a free case evaluation today. We stand ready to effectively represent you and your interests, every step of the way.