Welcome to Groce & DeArmon, P.C.
The KEY to knowing which type of BANKRUPTCY PROTECTION may work for your current situation, is to have at least a basic understanding of the different types of Bankruptcy protection available. The information contained on this Web Site is meant to give a general understanding of the protections available to both individuals and businesses. Remember, this is only an overview of the law, and it is not intended as a substitute for the advice and counsel of an experienced Attorney.
Chapter 7 Bankruptcy is known as the bankruptcy to “wipe the slate clean.” It is available to those who qualify needing a fresh start with little or no debt. The Bankruptcy Court appoints a Trustee (an attorney) to oversee the debtor’s case.
Chapter 13 Bankruptcy is often referred to as the Wage Earner’s plan. Chapter 13 allows the debtor to keep all of his assets and spread the payments over a period of time. This law is to allow the debtor to make a fresh start, and not be punished for inability to pay debts.
We accept client payments by either cash, check, cashiers check or money order. We can also take a payment in person or over the phone with a VISA, MASTER CARD or DISCOVER card.