At Watson & Moran we understand that financial problems place a great deal of stress on families and households. We stand ready to provide concrete solutions to ease the anxiety suffered during troubled financial times. We provide our clients with the knowledge and information necessary to determine whether filing bankruptcy is the best resolution for them. Our goal is to provide clients who decide to file bankruptcy with personal, one-on-one service, throughout the bankruptcy process. Watson & Moran is a debt relief agency and we help people file for bankruptcy relief under the Bankruptcy Code.

Our experienced bankruptcy attorneys will help protect clients’ rights and property. We can keep creditors at bay and help clients keep their home, vehicles and other property. We are committed to providing clients with immediate debt relief and with assistance in starting over.

Chapter 7 and Chapter 13 are the most common consumer bankruptcy types. Chapter 7 involves liquidation and distribution of assets to creditors. Most individuals who file for a Chapter 7 will never have to pay their dischargeable debts. Chapter 13 involves rehabilitation and government protection. Individuals who file for Chapter 13 will be required to repay at least some portion of their debt to the creditors over a three-to five- year period.

Under the Bankruptcy Abuse Prevention and Consumer Protection Act that took effect October 17, 2005, many cases that once were eligible for Chapter 7 relief will now have to be filed as Chapter 13 bankruptcies. This will require more debtors to pay back a portion of their debts through a Chapter 13 plan. Additionally, debtors will be required to complete a course in financial management prior to getting a Chapter 7 discharge.

Our attorneys keep abreast of ever-changing federal bankruptcy laws and provide our clients with accurate and the most current advice.