Keep your Property. Get rid of your Debt.

Many people fear that filing for bankruptcy will cause them to lose their homes, their cars and other property. This is not the case. Certain assets are exempt during the Chapter 7 and Chapter 13 bankruptcy process. This means you keep most if not all of your property while discharging your debts.

At the Law Offices of Levine & Levine, our father-daughter team of lawyers will evaluate your financial situation and your assets to determine the best way to eliminate debt and preserve property. Together, we will create a debt relief plan that safeguards your assets, stops creditor harassment and allows you to move forward with a clean slate.

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Bristol Bankruptcy Attorneys Preserving Clients' Retirement Assets
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During the bankruptcy process, many assets are shielded by state and federal exemption laws. In most instances, individuals who file for bankruptcy will keep most, if not all, of their assets.

Under federal bankruptcy laws, retirement accounts and pension plans are safeguarded from creditor's prying hands and individuals are allowed to discharge their debts while keeping their retirement savings intact.

Unfortunately, many people come to see us after cashing out their retirement plans, 401(k) accounts and pensions in an attempt to pay off harassing creditors. Think twice before you dip into your retirement funds. Most people are still in debt even after cashing out their pension plans and selling off their property, and now lack the safety net of retirement savings.

At the Law Offices of Levine & Levine, we will protect your pension and eliminate your debt.