Bankruptcy General

Bankruptcy Lawyers in Wilmington, Delaware

At Carucci Butler, LLC, we offer our clients many debt relief solutions, including bankruptcy representation. We are here to give you the help and guidance you need, to make an informed decision about your financial future. Bankruptcy can help protect debtors from debt collection tactics and get them back on their feet.

Are you struggling with debt? Contact us today to speak with an experienced Delaware bankruptcy lawyer.

Bankruptcy Basics

At Carucci Butler, we help individuals and businesses with all aspects of the bankruptcy process. Filing for bankruptcy creates an "automatic stay" that prohibits all creditors and debt collectors from taking any debt collection action against you, including repossession and wage garnishment. The scope of our bankruptcy practice includes:

• Chapter 7 bankruptcy: Also known as a "liquidation" bankruptcy, Chapter 7 allows debtors a financial fresh start, as it wipes out all existing unsecured debt (with a few exceptions, such as child support payments and certain student loans and tax debt.)
• Chapter 13 bankruptcy: A debt reorganization plan that allows debtors a chance to manage and often significantly reduce their debt, while avoiding losing their property.
• Chapter 11 bankruptcy: As a business bankruptcy plan, Chapter 11 allows large and small businesses a chance to reorganize debt while staying in business.

A Chapter 7 bankruptcy typically takes around 120 days to achieve total or near-total debt discharge. A Chapter 13 bankruptcy payment plan can take anywhere from three to five years. It is important to have a knowledgeable bankruptcy attorney guiding you through the process for a variety of reasons. An attorney can negotiate with creditors to establish an arrangement that is more favorable to you and takes less time. Also, there are many complex documents and issues in the bankruptcy process that must be handled correctly. A mishandled bankruptcy will leave you with all of your debt, and keep you from being able to file again for a significant period of time.

Take the First Step to Debt Relief

If you are thinking about filing for bankruptcy, we can answer your questions and help you explore your legal options. Contact us today online or by phone at 302-504-8089 to speak with an experienced Delaware attorney. We offer all bankruptcy and debt relief clients free initial consultations. For your convenience, we accept MasterCard and Visa.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.