Meridian Bankruptcy Attorney

At Foley Freeman, PLLC, our Meridian bankruptcy attorney has the skills, experience, and legal knowledge to help people and families who are dealing with serious financial struggles. We are committed to providing non-judgmental, future-focused support. Bankruptcy may be the best option for your specific situation. If you are dealing with serious financial challenges, we can help you find the best path forward. Contact us at our Meridian law office today for a fully confidential consultation with an experienced Idaho personal bankruptcy attorney.

Bankruptcy is a Big Step (But it Might Be the Right One)

Each year, thousands of people in Idaho file for bankruptcy protection. It is a big step, and it is not something that should be done lightly. It affects credit, finances, and in some cases, property ownership. With that being said, personal bankruptcy (Chapter 7 or Chapter 13) can be the best solution for some people with serious debt. Indeed, bankruptcy can be the tool that provides a fresh start. The U.S. Bankruptcy Code gives individuals a structured way to deal with overwhelming debt. By filing, you gain access to protections like the automatic stay, which immediately stops collection activity, wage garnishments, and foreclosure efforts. Bankruptcy does not erase every financial obligation, but it creates a pathway back to financial stability

An Overview of Your Personal Bankruptcy Options in Meridian, Idaho

Foley Freeman, PLLC, is made up of a team of attorneys who know bankruptcy law. With an office right here in Meridian, we are here to review your case, explain your options, and help you determine if bankruptcy protection is really the best path forward. It is crucial that you know that there are two main types of personal bankruptcy. Our Meridian bankruptcy lawyers have experience with both. We can help you file for:

Chapter 7 Bankruptcy: Chapter 7 is a liquidation bankruptcy. It is the most common type of personal bankruptcy. When a petition for it is filed, a trustee will be appointed to identify and sell non-exempt assets. The proceeds then go to creditors. Notably, Idaho law provides exemptions for property such as a homestead, vehicles, and basic personal items. For that reason, many Chapter 7 filers keep most (or all) assets. To qualify, you must pass the means test. That test measures your household income against allowable expenses. Chapter allows for the outright discharge of most unsecured debts, including credit cards and medical bills.
Chapter 13 Bankruptcy: Chapter 13 is reorganization. Instead of liquidation, you propose a repayment plan. Chapter 13 repayment will be between three years and five years. The plan consolidates debt and allows for structured repayment under court supervision. Chapter 13 is particularly useful if you are behind on a mortgage or car loan, since it allows you to catch up and keep secured property. The means test does not apply to Chapter 13 bankruptcy. Some people who are ineligible for Chapter 7 can file for Chapter 13.

How Our Idaho Consumer Bankruptcy Lawyers Can Help

Consumer bankruptcy laws are complicated. There is a wide range of rules and regulations that you will need to follow in order to effectively navigate the process. At Foley Freeman, PLLC, we are well-versed in bankruptcy law. You can learn more about the firm and reach out to us directly with any questions about Chapter 7 or Chapter 13. When you contact us at our Meridian office, you will have a chance to consult with an Idaho personal bankruptcy lawyer who can:

Hear your story and answer your bankruptcy questions;
Help you gather and prepare all of the supporting documents and records; and
Provide personalized representation designed to help you get the best outcome.

Personal Bankruptcy in Meridian: Frequently Asked Questions (FAQs)

Where do I file bankruptcy if I live in Meridian, Idaho?

Meridian cases are filed in the U.S. Bankruptcy Court for the District of Idaho. The Boise division handles Ada County filings. Our Meridian bankruptcy lawyers can help.

Will bankruptcy stop creditor harassment?

Yes. Bankruptcy triggers the automatic stay. This immediately stops calls, lawsuits, garnishments, and foreclosure actions. Creditors must deal with the court process instead of you directly.

How does the means test work in Idaho Chapter 7 cases?

The means test compares your income to Idaho’s median income for your household size. If income is above the threshold, expenses are reviewed to determine eligibility. If you do not qualify for Chapter 7, then you can only file for Chapter 13 bankruptcy.

Contact Our Meridian, ID Bankruptcy Lawyers Today

At Foley Freeman, PLLC, our Meridian bankruptcy attorney is standing by, ready to protect your rights and your interests. If you have any questions or concerns about personal bankruptcy, please do not hesitate to contact us today for a completely confidential, no obligation initial consultation. We provide bankruptcy services to people and families in Meridian, Ada County, and all across the wider region.

Testimonials

Mark Freeman and the Team at Foley Freeman have assisted my family & me with personal and business matters for many years. They have always provided a service that is friendly and welcoming, while implementing a professional, diligent service. They have assisted us with matters such as defense, estate planning, Buy Sell Agreements, liquidation negotiation and purchases, real estate ventures, and lien filings. I would highly recommend the team at Foley Freeman for any of your legal needs.

Keith Lewis

I’ve had the pleasure of working with the attorneys at Foley Freeman PLLC for more than twenty years. They have professionally and successfully represented my interests in personal and business matters, including assisting with business purchase and sale agreements, contract reviews, estate planning, and arbitration issues. I recommend them without hesitation.

Steve Sedlacek

Mark Freeman is our most trusted attorney for all of our estate planning needs. He and his staff were of the utmost professionalism and walked my wife and me through all the steps to make sure we had our assets, including properties in multiple states, our life insurance, and money protected for our children and future family legacy. He answered every question we asked, and even addressed issues that could come up that we hadn’t thought of. I highly recommend Mark for any estate planning needs.

Steve Angiolini

Foley Freeman was amazing to work with! We have never needed legal counseling before and contacted them with time-sensitive needs. They were very kind, eager, and thoroughly explained everything to us. We were not pressured to make decisions or made to feel that our “small” legal issue was a waste of their time. Highly recommend their services to anyone with any legal needs.

Candice M. Sumner

I just want to say thank you. This was the first time I have ever hired a lawyer, and I must say that I made an excellent choice when I went with you. You were very prompt in responding to my queries and did an excellent job. I will definitely recommend you to anyone in need of a lawyer.

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We Provide Solutions-Focused Bankruptcy Representation in Meridian