Polk County Chapter 7 Bankruptcy Attorneys

Polk County Chapter 7 Bankruptcy Attorneys

Navigate your chapter 7 bankruptcy with our experienced and dedicated Polk County bankruptcy attorneys. No need to cut corners with our cost effective lawyers.

Our

Polk County Chapter 7 Bankruptcy Attorneys

Provide Excellent Service in:

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You Don't Have to Leave Your Home For Your

Chapter 7 Bankruptcy

Matter

In this video, attorney Kevin O'Flaherty describes ways you can receive legal services from the comfort of home.

Take the Next Step: Schedule a Free Consultation With Our

Polk County Chapter 7 Bankruptcy Attorneys

What to Expect From a Consultation

The purpose of a free consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us. Although most consultations are complimentary, some may carry a charge depending on the type of matter and meeting location.

Please contact our friendly

Polk County Chapter 7 Bankruptcy Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Des Moines

2716 Grand Ave., Ste. 2 Des Moines, IA 50312

Phone:

(515) 207-2006

E-Mail:

desmoines.ia@oflaherty-law.com

Hours: 9 am - 7 pm Monday - Friday 11 am - 3pm Saturday 11 am - 2 pm Sunday

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Some of Our Accomplishments

Naperville attorney
DuPage County Probate Attorney
Learn More About Our Firm
chapter 7 lawyers Polk County

Polk County Chapter 7 Bankruptcy Attorneys

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

Click Here for Videos, Podcasts, and Articles by Our

Polk County Chapter 7 Bankruptcy Attorneys

Polk County Chapter 7 Bankruptcy Attorneys

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

Bankruptcy for Individual Debtors Iowa Chapter 7 Bankruptcy

In this video, our Polk County chapter 7 bankruptcy attorneys explain how Chapter 7 bankruptcy is a filing which allows some individual persons to wipe out many debts. It is designed to eliminate most debts, while selling some assets to compensate creditors. Many assets are exempt under Iowa and federal law. A trustee will be appointed by the court to collect the debtor’s non-exempt assets and to sell them to the creditors to repay debts.

In this episode, our Polk County attorney covers Iowa Chapter 7 Bankruptcy including What is the process for filing Chapter 7 Bankruptcy?, Exempt Income and Property from Chapter 7 Bankruptcy, First Meeting of Creditors, and Are There Debts That Cannot Be Discharged?

What Bankruptcy Can and Cannot Help You With In Illinois and Iowa

In this video, our Polk County chapter 7 bankruptcy attorneys explain how what bankruptcy means for you and how it depends on what type of debt you’re struggling with, how much you have and what you're willing to lose. You’ll have to determine what type of bankruptcy is best for your situation—this is a good conversation to have with a bankruptcy attorney—with the two main options being Chapter 7 and Chapter 13. Once you file for bankruptcy the automatic stay kicks in and most creditors will be prohibited from continuing to harass you for payment.

In this episode, our Polk County attorney gives an overview of what bankruptcy​ can do for you and what it can’t and how the automatic stay​ affects creditors ability to collect on certain types of debt.

Involuntary Bankruptcy Explained

In this video, our Polk County chapter 7 bankruptcy attorneys explain how involuntary bankruptcy is a legal process by which creditors can “force” an individual or business to enter into bankruptcy. The creditor must petition the courts to initiate the bankruptcy proceedings and the indebted party can file an objection to force a case. Having this option gives creditors some degree of protection against individuals or businesses who may otherwise take advantage of the business.

It’s rare that a business will petition for involuntary bankruptcy against an individual because the effort of getting enough money from one person versus the assets of a business is low, but it does still happen. The creditor may feel they won’t get any money out of the indebted party unless forcing them to enter into bankruptcy proceedings, and so the creditor must seek legal grounds in order to collect on the debt. Involuntary bankruptcy can’t be brought forward against an individual or business for any amount of money, the indebted party must have a significant amount of unmet debt. The amount of debt warranting a petition of involuntary bankruptcy is dependent on whether the debtor is an individual or business.

In this episode, our Polk County attorney gives an overview of what bankruptcy​ can do for you and what it can’t and how the automatic stay​ affects creditors ability to collect on certain types of debt.

Further Reading From Our 

Polk County Chapter 7 Bankruptcy Attorneys

Chapter 7 Bankruptcy Attorneys Polk County
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