The Company Counsel Network is a company that provides on-site legal services for emerging small and medium-sized businesses. Their experience with real estate, business, corporate, securities and commercial transactions is extensive and well-catered to the needs of start-up businesses looking for assistance with getting a grasp of the industry and the myriad legal matters surrounding the establishment of a new company.
Albuquerque / New Mexico / United States
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Financial challenges are stressful and can make you feel helpless. If you are getting frequent calls from creditors, have missed several payments, or are coping with other financial challenges, bankruptcy may be the ideal option for helping you pursue a financial fresh start.
Designed for individuals with lower income and high debt, Chapter 7 bankruptcy eliminates most types of debt to give the debtor a fresh start. Some debts, referred to as priority debts, cannot be discharged. These include debts such as back child support. Other debts, including doctor bills and credit card bills, are dischargeable and will be completely eliminated by Chapter 7 filing.
Eliminate your debt with Chapter 7
More appropriate for those with higher incomes and larger assets, Chapter 13 bankruptcy is designed to allow for the restructuring of debt. After evaluating your debts and your assets, some debts may be eliminated while others will be combined into a repayment plan.
This plan is meant to fulfill your debt over the course of 3 to 5 years. Rather than paying multiple debts each month, a single payment is made to a trustee who then pays the creditors as dictated by the plan.
Restructure your debt with Chapter 13
Let our over 30 years of experience give you confidence when you are ready to take control of your finances.
The only option for large businesses wanting to remain in business even after filing for bankruptcy, Chapter 11 is also an option for small businesses and individuals wishing to protect at-risk assets.
This type of bankruptcy preserves assets, restructures debts, and offers you greater control over the administration of assets throughout the bankruptcy process. This is a more complex option but offers businesses and individuals an alternative to selling off all assets to fulfill debts.
Protect your assets with Chapter 11
Get in touch with us for a personalized consultation so you can find out more about bankruptcy and get honest recommendations as to whether filing is the right option for you. You can feel confident knowing that we do not always recommend bankruptcy to all clients. Instead, our friendly, knowledgeable staff carefully evaluates your case and helps you determine if there is another alternative available, or if filing is your best choice for regaining financial control.
Our goal is to provide the best possible client service while keeping your legal expenses as reasonable as possible. We offer free initial consultations. By emphasizing practical solutions rather than the details of what one divorcing spouse or another might theoretically achieve in full-blown litigation, we can help you define your own goals based on solid legal information. Then we show you the most efficient and effective ways to reach them.
Amenities
If you are considering filing bankruptcy, Penny is committed to getting you debt relief and providing you with valuable information, services, and advice to get you a better financial future. You can stop lawsuits and garnishments with the help of the law office of Penny Lee Austin.
Cases we handle include:
• Business reorganizations
• Estate planning
• Probate
• Chapter 7, 11 and 13 bankruptcy
We help our clients understand what to expect when they plan their estates or need to file for bankruptcy. The system can be complicated and we work hard to ensure that our clients have the information they need to make good decisions. Penny Lee Austin is a member of the Oregon State Bar Association.
Call Penny Lee Austin today and determine your best legal option to move forward.