Successfully representing a series of individuals in personal bankruptcy matters:
North Coastal Maine
Individual Bankruptcy Cases - While we continue to be very optimistic about the Maine economy, bankruptcies are a lagging economic indicator and personal bankruptcy filings will continue to rise for some time to come. We continue to represent entrepreneurs, with complex financial issues, in personal bankruptcies. While the bankruptcy landscape has changed significantly, Chapter 7 remains a viable alternative for individuals whose business debt exceeds their consumer debtâ€”even if their income exceeds the median. Additionally, in cases where an individual does not want to file a personal bankruptcy, the preparation of the materials can be extremely valuable in analyzing the issues and negotiating with creditors. If you are facing financial difficulty, it is important to get advice as early as possible to avoid common mistakes and to protect your interests.