If you or your business have gone through a major change in your financial situation, not paying the bills is not a good solution. Creditors will call and lawsuits will be filed, creating an overwhelming situation for most individuals and businesses.
If you find yourself in this situation, you must meet it head on. Bankruptcy may be an option. Individuals and businesses can eliminate or repay some or all of their debts by filing for bankruptcy. Most individuals and businesses either seek to liquidate under Chapter 7 of the Bankruptcy Code, or reorganize under Chapter 13 (for individuals) or Chapter 11 (for businesses).
Please contact us if you need assistance. (949) 535-4553. We do free 30-minute consultations!