Fairfax Bankruptcy Attorney Speaks Out Against Chapter 7 Stigma


Fairfax Bankruptcy Attorney Beeraj Patel sends a message to local community assuring them that Chapter 7 Bankruptcy is a safe financial decision.

Fairfax (I-Newswire) October 2, 2013 - Filing Chapter 7 bankruptcy has been instilled in the minds of US citizens as a permanent black mark on their credit and financial future. Fairfax bankruptcy attorney Beeraj Patel has begun speaking out against this taboo belief, assuring to those in financial trouble that to file Chapter 7 bankruptcy is not a terminal financial condition. Contrary to popular belief, filing Chapter 7 can be a very positive financial instrument. It can be the first step to improving the living situation of US citizens with overwhelming debt who need a breathing room to become financially stable again.

Beeraj Patel, a bankruptcy attorney in Fairfax VA, states that when bankruptcy law is practiced correctly can ensure that consumer livelihoods are protected. Many individuals who have considerable assets shy away from Chapter 7 bankruptcy because they believe that it will critically affect their financial futures. This is far from the truth. When practiced correctly, bankruptcy law can halt foreclosures and life burdensome financial debt. During his career as a Fairfax bankruptcy attorney, Mr. Patel has helped potential candidates see the light when declaring bankruptcy due to some personal practice secrets.

For example, the "Homestead Exemption" protects any assets up to a value of $5,000.00 dollars U.S. Similarly, there is an exemption which protects automobiles for up to $5,000.00 U.S. However, Mr. Patel's ingenuity has resulted in him combining the two exemptions, providing protection for those who have auto value more than $5,000.00 by utilizing left over money from the homestay exemption. This allows Chapter 7 consumers to keep their prized possession in a legal and fair way which is a comfort to all those involved.

Attorney-at-law Beeraj Patel is tired of out of date beliefs about Chapter 7 bankruptcy ruling over the minds of potential candidates. The truth is that many of these individuals could be experiencing a positive outcome from a Chapter 7 bankruptcy case simply by filing with a talented attorney such as Mr. Patel. He declares that Chapter 7 bankruptcy should be seen as a financial instrument not a "cop out" but rather a reasonable option for reasonable people suffering from unreasonable debt.

About :

Patel Law Firm LLC is an immigration law firm located at 3900 University Drive, Suite #100, Fairfax, VA, 22030 and is owned by immigration rights advocate, Beeraj Patel, Esq. The firm's focus is providing quality service in the field of immigration law through affordable and professional assistance.

###






About Patel Law Firm LLC

Patel Law Firm LLC is an immigration law firm located at 3900 University Drive, Suite #100, Fairfax,   More.. VA, 22030 and is owned by immigration rights advocate, Beeraj Patel, Esq. The firm's focus is providing quality service in the field of immigration law through affordable and professional assistance.Less..

Contact Information

Patel Law Firm LLC
Beeraj Patel
3900 University Drive, Suite #100
22030
Phone : 703-539-8093

Published in:

Legal / Law > Law Technology

Published On:

October 2, 2013

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.


Related Releases

'Nuisance' Introductory Tenant Escapes Eviction
In a stern reminder to local authorities that even introductory tenants have rights, a council has suffered costly defeat in its legal campaign to evict an alleged nuisance tenant who had mental health problems and whose ability to read and write was

Gardere Names Five New Partners in Dallas, Houston
Scott Ellis, Jason Fulmer, Jessica Glatzer Mason, Audrey Momanaee and James Scott named as partners at the Texas law firm of Gardere Wynne Sewell.

Andrew P. Lehman, J.D., CFLA Founder, Offers Litigation Services and Mortgage Securitization Classes
Andrew P. Lehman J.D., CFLA CEO announces mortgage securitization auditor certification classes, expert witness testimony, forensic loan audits and litigation packages.

Gamm Legal Services LLC Announces 24 Customer Service
People who get into debt and need a good Bankruptcy Lawyer find it hard to find one. However, Gamm Legal Services LLC just changed that.

Court Considers Leasehold Interests In Empty Air Space
In a case which involved an interesting analysis of leasehold interests in empty air space, the High Court has stymied a developer's controversial plans to build flats above two garage blocks, many of the tenants of which objected to the proposals.