Phil Hamilton and Wife File for Bankruptcy
Posted on Jun 9, 2011 7:05pm PDT
Former Del. Phil Hamilton and his wife have reportedly filed for Chapter 13 bankruptcy protection. According to reports, the couple has listed assets at about $520,000 and liabilities at about $594,000. The Hamiltons have reportedly also filed a plan to repay the money they owe to 22 creditors. The plan has them paying their creditors over the next five years.
No one wants to file for bankruptcy, but there are cases in which this is the best decision for a person or company to make. You should understand the process of filing and go about it in the correct manner so that your case is resolved in the best possible way. You do not want to have to suffer further as bankruptcy can be a new beginning for your life.
By working with a bankruptcy attorney you can proceed forward with your case in the most beneficial way. You deserve to be able to move forward with your life and a lawyer will be able to help you with just that if you begin discussing your case today. An attorney will know how to handle all aspects of your case including any necessary court proceedings. Please take some time today to contact a bankruptcy lawyer who will always have your best interest in mind during this difficult time.