Services

Debt resolution and foreclosure prevention are our specialties. Outstanding, individualized legal services is our priority.

In every instance, Acclaim Legal Services provides:

• Attorneys and staff highly-qualified in debt-relief law
• Legal plans tailored to your individual needs
• Convenient evening and weekend appointments
• Competitive fees and payment plans

Reorganization Plan - Chapter 13

Chapter 13 Bankruptcy is also known as a 'personal reorganization'. The program will legally stop a foreclosure sale, car repossession, IRS levy, judgments, garnishments and other types of creditor actions and provide you with an extended period of time (36 - 60 months) to catch up on missed payments. These repayments are locked in at 0% interest and you are protected from further late penalties. While you are getting caught up on these secured debt obligations, payments to your unsecured debts, such as credit card bills, medical bills, etc., are deferred and frozen at 0% interest. Overall, this program allows you to take control of your financial situation and establish a reasonable payback program within your means.

Benefits of this solution

• Keep your home
  Filing will stop a foreclosure sale on a home if it is filed before the sale occurs. If negotiations with your mortgage company don't resolve the problem, this reorganization may be your best or only option to save your home.

• Keep secured assets safe
  You can be assured that while under the protection of this plan, your assets are safe. You can stop a vehicle repossession before it happens or get the vehicle back after repossession if the case is filed prior to the vehicle being sold at auction. Once payments are complete, you'll be caught up on secured debt and free of unsecured debt.

• Lower your vehicle payments.
  We can lower your vehicle payments on loans to fit within your budget by modifying the contract to reduce the interest rate or extend the terms of the loan.
  
  If you have owned the vehicle for more than 910 days or 2 1/2 years, we can actually reduce the amount owed on the vehicle. This reduces the secured claim on the vehicle to the present market value and converts the balance of the loan contract to unsecured debt. The benefit is that you may be eligible to discharge a portion of the debt at completion of the program.

• Get 0% Interest Repayment Terms.
  Pay back your mortgage arrearages (unpaid debt) and all unsecured debt obligations at 0% interest with no continued late penalties. This goes into effect once the case is filed and extends through the life of the plan. It allows you additional time to pay back debts without penalty.

• Reduce Unsecured Debts (i.e. credit card bills, medical bills, judgments, etc) based on your budget.
  The plan prioritizes catching up on your secured debt obligations and paying your monthly living expenses - payment to unsecured creditors is deferred until you are caught up on your home, vehicle, taxes, etc. If there is discretionary income beyond that, it will be applied to your unsecured debts after you are caught up on your home, vehicle, etc. If there is not adequate discretionary income to pay these unsecured debts back in full over the course of the program, we will propose that a portion of the debt be discharged or eliminated.
  

• Improve your credit.
  Chapter 13 will improve your credit over the life of the program by lowering your debts and re-establishing a regular payment record.
  

• Gain added freedom and flexibility.
  This plan doesn't lock you in. You have the ability to refinance your home or sell your home and pay off your case early.
  

• Stop garnishments, harassing calls and utility shut-offs.
  All garnishment and creditor calls will be stopped at the time of filing. We can stop a utility shut-off before it happens and/or restore services after a shut-off has occurred.

At the time of the free initial consultation with one of our attorneys, you will receive an individualized strategy with your budget and finances considered together. Because each person's circumstances are unique, our lawyers will work with you to create a customized budget and payment plan that will work for you.

Fresh Start Program - Chapter 7

Chapter 7 Bankruptcy is also known as the 'fresh start' program. You may qualify for this program if, at the end of each month, after you have paid for all of your basic living expenses ( i.e. home payment, car payment, food, clothing, utilities, etc.), you do not have enough money left to pay your debts. Chapter 7 bankruptcies designate certain exemptions that often allow you to keep your most valued personal belongings, including your home, vehicles, jewelry, pension or retirement investments, and other personal assets.

Establish a clean slate by eliminating your unsecured debts through the filing of Chapter 7.

Benefits of this solution:

Eliminate your unsecured debt obligations, such as credit card bills, medical bills, judgments and certain tax debts.
To understand what debts would qualify for discharge, please bring all documentation to your initial office consultation and the attorney will provide you with a full analysis.

Keep personal items and often property, such as a home or vehicle.
Multiple exemptions make this possible.

Put an end to garnishments and harassing calls from creditors.
Creditors must stop making contact or garnishing your wages as soon as your case is filed. Protection is immediate.

Prevent utility turn-offs or restore power if a shut-off has occurred.
Discharge balances on electric and gas bills. With a deposit, the utility companies are required to restore your service.

Eliminate the debt owed on a second mortgage if you have undergone a foreclosure sale.

We offer free in-office and phone consultations to review your personal circumstances, analyze your situation and advise you on the best course of action. Please call us toll free at 866-261-8282 or click here to schedule a consultation right now.