Depending on your financial situation, when things get tough, a legal representative may suggest that you declare bankruptcy. While it’s completely normal to feel overwhelmed by this choice, bankruptcy may be the key to a brighter financial future. If you feel like you’re drowning in debt and you’re not sure how to escape, Kimel Law Offices is here to help. Our owner, Metiner Kimel, has over 25 years of experience in bankruptcy that you can turn to for guidance and understanding. Count on him to help you make the right financial decision for your future.
• Chapter 7 – Also known as “straight bankruptcy” or “liquidation,” Chapter 7 is a fast way for individuals to eliminate mounting credit card, medical, loan or asset debt. Let us help you understand the benefits and drawbacks of this type of bankruptcy and determine if filing is right for you.
• Chapter 11 – This type of bankruptcy is reserved for businesses looking for ways to alleviate debt. Our team can help you develop a debt reorganization plan that will allow you to maintain your business while repaying creditors over time.
• Chapter 12 – Businesses that are classified as “family farmers” or “family fishermen” will benefit from Chapter 12. It also helps the business remain operational while establishing a plan to repay debts over the course of a three- to five-year period.
• Chapter 13 – Unlike Chapter 7, this type of bankruptcy doesn’t eliminate all of an individual’s debt. Instead, you will reorganize your debt and develop a plan to pay it back over the course of three to five years.
If you’re ready to turn the page on your financial situation, explore your options by contacting Kimel Law Offices. Our experienced and professional legal team has the experience you can depend on to overcome any financial hardship you may be dealing with. We will walk you through your bankruptcy options and help you make the right decision moving forward. Call 509-452-1115 to schedule an appointment at our Yakima, WA location.
Served as court clerk for Judge John E. Ryan - Central District of California
Served as court clerk for the Honorable John Rossmeissl - Eastern District of Washington
Currently serves as a Chapter 7 panel trustee - Yakima, Washington
Currently provides representation in bankruptcy court for both debtors and creditors