- Chapter 7 Bankruptcy
- Chapter 13 Bankruptcy
Cockrell, Cockrell, Townsend & Ritchey, LLP handles bankruptcy cases in Tuscaloosa. As the firm's bankruptcy attorneys, Ginger Cockrell and Caroline Ritchey help clients dealing with financial hardship by assessing their financial status and recommending the best type of bankruptcy. Chapter 7 involves discharging unsecured debts and liquidating some assets to pay off creditors, while Chapter 13 helps debtors pay off their debts over a three-to-five-year period. Chapter 11 is advised for those who want to continue their business despite financial hardship.