
Even in prior years with less severe economic conditions than we face today, many people have turned to Mr. Ferrell to obtain relief under the bankruptcy laws. In today’s economic climate, an increasing number of families and individuals are sorely in need of relief from unmanageable debt.
Chapter 7
Utilizing the legal benefits of Chapter 7 of the Bankruptcy Code, Paul Ferrell, Jr. has obtained discharges for his clients from burdensome financial obligations.
Chapter 13
In the case of those who have automobile loans and mortgages, which they are struggling to maintain current, he is able to apply for relief under Chapter 13 of the bankruptcy law to enable these debtors to resolve past due obligations while maintaining possession and use of automobiles and homes. Use of Chapter 13 Bankruptcy is effective to allow qualifying debtors to prevent Sheriff Sales, seizures, wage garnishments, repossessions and other adverse consequences that result when debtors fall behind in their monthly obligations.