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Posted on Wed Jun 24, 2020, on Estate Planning

Estate Planning Lawyer

Are you or someone you know facing a difficult financial situation? Perhaps someone was furloughed from their job due to Covid-19. Or perhaps someone has mounting credit card debt, large medical bills, personal loans, a lawsuit judgment, or other financial obligations that they are struggling to meet? If this is you or someone you know, it may be time to start thinking of a four-letter. . . help.

You need qualified help to answer questions about how you can move past whatever difficult situation you find yourself in. Should you stop paying creditors? Which ones?  Should you try and keep your home? Should you file for bankruptcy? What about your credit score?

These are all big questions with legal consequences. That’s why you need help—legal help. At Silverman Law Office, we are ready to help you. We’ll advise you on your rights and determine if bankruptcy is the right decision for you. Not every difficult financial decision requires filing for bankruptcy to resolve. We’ll help you make that call.

If bankruptcy is the right decision for you, you will need help determining whether you should be filing under Chapter 7 or Chapter 13 of the federal bankruptcy code. Not every person who needs to file for bankruptcy is “broke.” There many high-earning individuals that enter Chapter 13 bankruptcy each day.

Chapter 13 is known as the “wage earners’” bankruptcy. Unlike in a Chapter 7, in a Chapter 13 bankruptcy you do not have to give up your possessions. Instead, in a Chapter 13 your attorney will come up with a “payment plan” that is manageable under your current income level. Your attorney will then present a payment plan to the bankruptcy court for approval.

The beauty of Chapter 13 is that it allows you to keep possession of your property while you are making payments on your bankruptcy payment plan. And as long as you make the required payments over the requisite period of time (usually three to five years depending on the circumstances), then the remaining portion of your unsecured debt is forgiven and you keep all your property.

No matter what your financial situation is, we are ready to help you. Bankruptcy can help distressed debtors move on to the next chapter of their lives with peace of mind, and the Bozeman estate planning attorneys at Silverman Law Office are ready to help you turn the page.

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Estate Planning Lawyer

Peter KlenkPeter Klenk

What Our clients are saying

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D.P.

Like another reviewer, I contacted Peter through his website using the free consultation link, for a question regarding PA inheritance taxes. The question was quite technical and difficult to explain, and the answer was nowhere to be found on the web. Peter grasped precisely what I was asking, and provided a clear, helpful response (with a touch of humor) the very next day.

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A.R.

Peter and his associates made things easy for us.

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A Google User

Peter is a model attorney who puts his clients first at all costs. His extensive expertise in estate planning and tax planning was a great comfort as we began, and have expanded, our family. He is very thoughtful, generous, and quick witted. His approach towards his business has been an inspiration to his peer group, and his zest for life is extremely infectious. Without reservation, I highly recommend Peter as trusted and cherished counsel

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Sean Quinn

Great firm. Great people. Happy to refer folks in need to estate planning to Peter and his team. They do great work.

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A Google User

Peter Klenk was great in leading us in the estate planning process.He was clear in describing the various steps and what they would accomplish. We were well satisfied and pleased that we had Peter to guide us.

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