New Bern, NC – Overwhelming debts can become a major problem not only for personal finances but also for the physical and mental health of some individuals. Some credit card debt and medical bills can cause financial difficulties, and when that happens, filing for Chapter 7 bankruptcy, contrary to what many believe, can be an alternative to achieve the peace of mind of a debt-free start.
Bankruptcy law exists in consideration of those unforeseen changes in financial circumstances such as medical emergencies, job losses, failed businesses, disability, or any other reason that could affect a person’s or business owner’s ability to pay their debts. For individuals and business owners in New Bern, NC considering bankruptcy, the attorneys at Gillespie & Murphy, P.A. offer specialized bankruptcy services as an alternative to regaining their peace of mind without giving up and losing everything.
Gillespie & Murphy, P.A. is an experienced bankruptcy law firm in New Bern, NC, with over 45 years of experience handling Chapter 7 bankruptcies for individuals throughout eastern North Carolina. This prestigious law firm is represented by Christian attorneys who believe in second chances and also that bankruptcy law is the alternative to a fresh start. Over the years, this firm has helped thousands of clients, eliminating over $4 billion in debt for them.
Guided by their principles of compassion and forgiveness, attorneys J. Allen Murphy, Lindsay Murphy Parker, and Jonathan Eric Friesen work tirelessly to help their clients find the best alternatives in bankruptcy law. These attorneys put their vast experience to work in helping their clients find appropriate solutions to their financial situation.
As experienced foreclosure and bankruptcy attorneys, Gillespie & Murphy, P.A. super lawyers use all the resources they have to help clients obtain favorable results through bankruptcy. Besides Chapter 7 Bankruptcy, Gillespie & Murphy, P.A. also specializes in Chapter 13 Bankruptcy, an excellent alternative for individuals facing home foreclosure and other creditor actions. Chapter 13 Bankruptcy allows borrowers to enter into a debt payment plan that lasts between three and five years while immediately stopping creditors’ harassment, home foreclosures, and other creditors’ actions.
Moreover, this firm also specializes in Bankruptcy for businesses. Solutions include Chapter 11 to help businesses organize or eliminate debts as part of a business organization plan and Chapter 13, which is a more appropriate figure for the unique challenges faced by farmers and fishermen. The bankruptcy code also offers businesses some other alternatives, such as the Small Business Reorganization Act, created to provide small businesses with a more efficient path to debt relief.
Those considering filing for bankruptcy near Wilmington may contact this specialized Debt Defense Lawyer via phone at (252) 636-2225. The firm is located at 320 Middle Street, New Bern, NC, 28560. For more information about their services or to schedule a free consultation, visit Gillespie & Murphy, P.A. website.
Gillespie & Murphy, P.A.
320 Middle Street