Yellowstone Bankruptcy
A local and experienced bankruptcy attorney helping folks through tough times
Bret T. Allred, ESQ.
To many the word “bankruptcy” congers feelings of defeat or giving up, but the opposite is true. I’ve seen it renew people’s lives. I’ve seen it help them become happy. Imagine waking each day without worry of collection calls, wage garnishments, bank account levies, or declining credit score. Some clients use bankruptcy to start a business, prepare for home ownership, plan for retirement, or save for their children’s college. The benefits bankruptcy offers are many.
What Yellowstone Bankruptcy Can Offer
Chapter 7 Bankruptcy
In a Chapter 7 the court orders your creditors to permanently stop collections and in exchange you give them all non-essential property owned at the time bankruptcy is filed. This gives you a fresh start to acquire future wealth.
Chapter 13 Bankruptcy
In a Chapter 13 you pay your creditors a portion of your future earnings for 3 to 5 years and in exchange the court orders your creditors to permanently stop all collections on the unpaid portions of those debts.