During the national pandemic the nation’s economy has been destroyed. Yours has too.

I don’t know a single family which has not been impacted by this catastrophe. Right now you, like many, are feeling financial pains due to the national shutdown. Things will get better. It will take awhile and we will all struggle. But with each other’s help we will get through.

Strange as it may seem the Corona virus may affect how the bankruptcy law is applied. This will be done by reducing your average wage for the last 6 months.

Know that I’m here to help you. If you would like to arrange for telephone conference or a video chat please do so. You have options. It’s time to start gathering information about what to do. You don’t have to make a decision immediately.

It may sound strange but this national shutdown may actually help you in your options. Here’s how:

You have the right to discharge your debts in bankruptcy. Usually the normal candidate is someone who has lost their job, gone through a divorce, or suffered the catastrophic illness.

Our present circumstances certainly justify this consideration.

In filing bankruptcy, the bankruptcy court looks at the average of your income for the last 6 months. If your income the last 6 months has declined, you may qualify for relief in a way that you may not have qualified before. At a minimum you will be able to qualify to pay your current debts off over 5 years in a Chapter 13.

How can this work for you?

If you or your spouse have been laid off or discharged or affected by national shutdown, you have suffered a financial loss. Consider your last  six-month wages. If you have suffered a wage loss your wages are calculated at an average of what you’ve made for the last 6 months. Being out of work during the last 2 or 3 months of that period will affect the average. The longer we are in a shutdown, or that you are out of work the greater the possibility is that you can qualify for Chapter 7. This means that you will be able to discharge all of your debts in a Chapter 7 rather than having to pay them off in a Chapter 13. 

You will need to act soon.  The current bankruptcy law is sure to change as various interest groups lobby Congress to change the protections.  It will be hard to know what to do.

But for now, we can save your house and your car by reaffirming those debts and discharging all the rest.  Action now will allow you a place for you and your family to live along with giving you a Fresh Start. It is time to do some planning for the Future and consider your options.

Call, email or video conference me to discuss your options. Remember you are not alone!


Call (205) 987–2005

Fax: (205) 994-2207