Often people assume that filing bankruptcy means that they will have to “give up” their property. (Homes, cars, personal property, etc.) This is usually not the case. In fact, bankruptcy can often be used to save property that you want to keep but have fallen behind on. Filing a bankruptcy prevents creditors from repossessing your car or foreclosing on your home. If you haven’t spoken with a Bankruptcy Attorney about your situation, don’t assume that there is nothing that can be done.
Melissa Wimberley Larsen is a 1986 graduate of the University of Alabama in Huntsville, and graduated with honors from the Cumberland School of Law at Samford in 1992. She has extensive experience in all types of litigation both simple and complex. Ms. Larsen is a member of the National Association of Consumer Bankruptcy Attorneys and specializes in consumer bankruptcy issues.