Bankruptcy is not failure. It is a legal tool designed to give people a fresh start. But the process is complex, the paperwork is overwhelming, and the decisions you make early on have long-term consequences. Corey works directly with every client to understand their full financial picture, choose the right chapter, and navigate the filing from start to discharge. If more than half of your debt is business-related, you may qualify for options most people do not even know exist, including bypassing the Means Test entirely.
Corey handles all types of bankruptcy cases including:
• Chapter 7 discharge of unsecured debt
• Chapter 13 repayment plans to save your home or car
• Business bankruptcy including Chapter 11 and Subchapter V
• SBA loan discharge
• Personal guarantees on business debt
• Bankruptcy litigation and adversary proceedings
Will bankruptcy stop collection calls and garnishments?
Yes, immediately. The moment a bankruptcy petition is filed, an automatic stay goes into effect. All collection activity, lawsuits, garnishments, and repossessions must stop.
Can I discharge an SBA loan in bankruptcy?
In many cases, yes. Corey has successfully discharged SBA loans by documenting that the loan proceeds were used for business purposes. It requires careful preparation, but it is possible.
What is the difference between Chapter 7 and Chapter 13?
Chapter 7 wipes out unsecured debt quickly, typically within 4 to 6 months. Chapter 13 lets you keep property like your home or car by catching up on arrears through a 3 to 5 year repayment plan. The right choice depends on your income, assets, and goals.
Chapter 7 is one of the most effective tools in bankruptcy law because it completely wipes out unsecured debt including credit cards, personal loans, medical bills, and collection agency claims. It is also fast. After filing, a Meeting of Creditors is scheduled about a month later. In most cases, a Notice of No Assets is filed shortly after, and the court issues a full discharge within approximately two months of that hearing.
Chapter 7 can also be filed quickly when there is a pending judgment or levy, stopping collection action immediately. Corey reviews every question the Trustee is likely to ask before the court hearing and walks clients through the process in advance. Preparation is why his clients consistently succeed.
Chapter 13 is the bankruptcy option that lets you keep what matters, your home, your car, your business, by restructuring what you owe. Instead of paying arrears all at once, you catch up over time through a court-approved plan, while the filing immediately stops foreclosure, garnishment, and repossession.
Chapter 13 works best for people who have had a temporary setback such as illness or job loss but now have steady income to work with. Your disposable income becomes the plan payment, and the goal is to cure your debts while keeping the property that is important to you. Plans can also be modified when circumstances change. Knowing when and how to adjust a plan is just as important as filing it correctly the first time.
Business bankruptcy applies when a substantial portion of your debt comes from business activity. If the business needs to keep operating, Chapter 11 reorganization is the path. For smaller businesses, a streamlined version called Subchapter V Chapter 11 may be available.
One of the most common business debts Corey handles is SBA loans. Many people do not realize SBA loans can be discharged in bankruptcy, but it requires careful documentation. The borrower must trace how the loan proceeds were used and prove they went toward business expenses. Corey has successfully discharged SBA loans by building that paper trail and withstanding scrutiny from the U.S. Trustee's office.
When filing business bankruptcy, it is also critical to schedule every possible debt including contingent, disputed, or unliquidated claims and even old business leases. Casting the broadest net protects clients from future liability they did not anticipate.
