Tuscaloosa Chapter 7 Bankruptcy Attorney
Are you overwhelmed with debts you just cannot afford to pay? I get that life sometimes throws curveballs. One minute, you have everything under control. Then, the next thing you know, you are way over your head with seemingly insurmountable debts. Whether it is credit card bills, emergency medical expenses, overdue mortgage payments, outstanding child support, or taxes, these debts will only continue to mount if you do not pay them off. Before the creditors come knocking, contact me, Attorney Marshall A. Entelisano. Depending on your situation, filing for Chapter 7 bankruptcy could provide the fresh start you need.
My firm is dedicated to making it possible for people just like you to overcome debt. Since 2000, I have been a lifeline for thousands throughout Tuscaloosa County and beyond. Alongside my supporting staff, I have guided numerous people as they filed for Chapter 7 bankruptcy, which allows you to discharge certain debts. Once completed, you can live a life free from the burdens of missed payments, outstanding balances, and creditor harassment.
When you need a Chapter 7 bankruptcy attorney in Tuscaloosa that you can rely on to look out for your rights, interests, and future, call (659) 336-2597 or reach out to The Law Firm of Marshall A. Entelisano online. Free consultations are available.
What to Know About Chapter 7 Bankruptcy
Chapter 7 bankruptcy is a debt relief option for individuals and businesses alike. However, not everyone qualifies for this type of bankruptcy. To file for Chapter 7 bankruptcy, you must pass the means test, which evaluates your income and expenses to determine if you have enough disposable income to repay creditors. If you pass the means test, I can help you navigate the process and avoid pitfalls that could jeopardize your bankruptcy case. If you are unable to pass the means test, do not despair. You may have other options, such as Chapter 13 bankruptcy.
More About the Means Test
The means test evaluates your income compared to the median income for households similar to yours in Alabama. It is important to note that businesses do not have to pass a means test to file for Chapter 7 bankruptcy.
If your income is below the median, the state's courts will immediately allow you to file. However, if your income exceeds the median, you must undergo the means test, which factors allowable expenses and other financial information to assess whether your disposable income is below a certain threshold.
Even if you do not pass the means test, our attorney may be able to help you apply exemptions and deductions to reduce your disposable income and qualify for Chapter 7 bankruptcy.
Liquidating Assets & Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy, assets that are not exempt or protected by law must be turned over to the trustee (the person in charge of your bankruptcy case). The trustee will then sell these assets and distribute the proceeds to creditors. While this may sound intimidating, many who file for Chapter 7 bankruptcy do not have nonexempt assets, meaning they do not lose anything.
How Long Does Chapter 7 Stay on Your Credit Report?
A Chapter 7 bankruptcy will stay on your credit report for 10 years. This does not mean you cannot rebuild your credit during this period. Many improve credit scores soon after filing, as they are able to pay bills on time.
Why Would a Business File for Chapter 7?
Some businesses file for Chapter 7 bankruptcy not to reorganize debts but to liquidate assets and close up shop. In other words, it is a way of shutting down without facing lawsuits from creditors.
How Tuscaloosa Chapter 7 Bankruptcy Attorney Marshall A. Entelisano Can Help You
The thought of filing for bankruptcy can be intimidating. You may feel embarrassed or ashamed that you cannot pay your debts. I understand these feelings and want to assure you there is no shame in seeking financial relief through the legal system. I am here to help you turn over a new leaf.
When you come to my firm, I will take the time to get to know you and your unique situation. Once I understand the details of your case, I can provide tailored advice on how best to proceed with your bankruptcy filing, whether it is Chapter 7 or another option. Additionally, I can represent you throughout the entire process, from filing paperwork and attending court hearings to negotiating with creditors on your behalf.
My team and I are committed to helping you achieve the best possible outcome for your financial future. We do what we say we are going to do and are honest in all interactions with clients; at my firm, there is no other way to conduct our business.
Find out more about The Law Firm of Marshall A. Entelisano and the steps for getting debt relief in a free consultation. Call (659) 336-2597 or get in touch online to set up yours.
Why Choose The Law Firm of Marshall A. Entelisano?
Proven Success, Thousands Helped
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Compassionate Guidance, Honest SolutionsWe understand the stress of financial struggles and are here to help with honesty and care. You’ll work directly with an experienced attorney who provides clear, upfront guidance—no hidden fees, no surprises.
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Trusted Debt Relief in AlabamaFor over 25 years, we've helped thousands of people just like you eliminate financial stress, stop creditor harassment, and regain control of their future. We don’t just provide legal solutions—we offer hope and a clear path forward.
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Convenient Payment PlansWe believe financial relief should be accessible to everyone. That’s why we offer flexible payment plans to fit your budget, so you can get the help you need without added stress.
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We Provide Free ConsultationsWe offer a completely free and confidential consultation to discuss your financial situation and find a path to relief. Whenever you're ready, we're here!
