Special Situations in Bankruptcy

No two financial situations are identical, and at Grainger Legal Services we recognize that each client’s situation is unique and requires an individualized solution. We don’t believe in cookie cutter solutions, and we work hard to tailor a solution that best helps you get out of the hole. This subsection is dedicated to some of the special situations that we have encountered on a fairly regular basis.

One of the most frequently seen special situations is a joint bankruptcy petition. Many married couples that are in need of bankruptcy protection choose to file their bankruptcy petition jointly in order to streamline the process, although there are certainly circumstances where filing a joint bankruptcy with your spouse might not be the best option. If you and your spouse believe you are in need of bankruptcy protection, local bankruptcy lawyer Chuck Grainger can help you determine whether a joint petition is your best course of action.

Another situation that often arises is how to deal with a personal injury award or settlement while your bankruptcy case is active. This situation is going to depend on whether you are in a Chapter 13 repayment plan or getting a fresh start under Chapter 7, and Chuck Grainger can advise you based on the facts of your case.

If you own your own business and are in need of bankruptcy protection, this can be a situation that requires the expertise of an experienced bankruptcy like Chuck Grainger. Depending on their individual situation, some entrepreneurs whose businesses are failing might need to file an individual bankruptcy as well as a bankruptcy for the failing business. Given that these businesses are often the entrepreneur’s primary, and often sole, source of income, if the entrepreneur or the business need bankruptcy protection, this is certainly a situation that requires a specially tailored solution.

There are many other special circumstances that are important and can significantly impact your bankruptcy case, your employment, or both. For example, certain security clearances can be affected by a bankruptcy , and a divorce proceeding can complicate a bankruptcy depending on the division of marital assets by the judge in the divorce proceeding. There are many more special circumstances explored in this subsection, and if you feel you have a special situation and are in need of bankruptcy protection, please let us know in the contact form, and be sure to let Mr. Grainger know in the free consultation.

Regardless of how unique your situation might be, experienced Prattville bankruptcy attorney Chuck Grainger can meet with you and help you determine if Grainger Legal Services can help you with your financial situation. At Grainger Legal Services, we strive to put our clients in the best possible situation for success. We serve clients in from our offices located in Montgomery, Prattville, and Troy, Alabama. You can call or text us at (334) 260-0500 or contact us online to schedule a free consultation with Mr. Grainger to see how we can help you get out of the hole.