In today’s tough economic times, more people than ever are finding themselves struggling with mortgage payments, medical and credit card bills and other financial obligations. Now, for the first time, many are giving serious consideration to filing for bankruptcy.

At Damon, Ver Merris, Boyko & Witte, PLC, a debt relief agency, we work with clients who are struggling with debt. If you are considering bankruptcy as a debt relief option, we will explain your options and provide you with honest advice regarding your situation. For more information, contact us.

Types of Personal Bankruptcy

We take great pride in helping clients explore their debt relief options under the bankruptcy code including:

An individual with mostly consumer debts is required to engage in means based testing in order to determine eligibility for filing under a particular Chapter of the Bankruptcy Code. Through this test, the court looks at an individual’s income level, the amount of debt, living expenses, dependents, county of residence, and other factors. From there, the court determines whether an individual is eligible for relief under Chapter 7 or Chapter 13 bankruptcy.

Bankruptcy Litigation

Sometimes, after a case is filed, you may receive a letter from a Trustee (or Debtor-in-Possession) demanding a return of money or property, typically as an alleged preferential or fraudulent transfer. The law in this area is quite complex, yet it affords a number of defenses that can be advanced to reduce or even eliminate potential liability. The attorneys at Damon, Ver Merris, Boyko & Witte, PLC have extensive experience in dealing in matters of this nature and otherwise defending lawsuits filed in Bankruptcy Court, known as Adversary Proceedings. If you have received a demand for return of money or property or have been sued in Bankruptcy Court for return of such property, or for some other reason, please contact us right away so that appropriate defenses can be timely asserted to reduce or potentially eliminate liability on such claims.

Bankruptcy Representation

If you are a Creditor that is owed money by a company or individual who has filed bankruptcy (a “Debtor”) and need to file a proof of claim, serve on a creditor’s committee, defend a claim, appear at a hearing, or need other related assistance, we are here to help.