Practice Areas - Personal Insolvency

Bankruptcy isn't always the best option, and sometimes may not be an option at all. For example, if you have a large amount of equity in your home, you may want to avoid filing bankruptcy if at all possible. Clients who face severe financial trouble but can't file for bankruptcy are often faced with lawsuits and collections attempts. Without competent representation in trying to resolve the collections matters, creditors can use their rights under the law to execute judgments and garnish wages.

If you are in this situation, the attorneys at Strip, Hoppers, Leithart, McGrath & Terlecky Co., LPA, will tirelessly advocate for your position. We will work with you and your creditors to come to a resolution that is the best for your situation. When litigation is necessary, we will fight in court to ensure that you are not denied any legal defenses to the claims.

There are many independent firms now who advertise that they can be rid of all of your debt at the snap of a finger. Our attorneys realize that there are simply not such easy solutions, and we won't charge a premium for services that don't work. We will honestly and accurately spell out your options and help you find solutions to your specific problems. If your creditors are then unwilling to settle, our firm has the resources to protect you in other areas, such as through a Chapter 7 or Chapter 11 bankruptcy filing.

We frequently represent clients to resolve past due accounts, credit card disputes, foreclosures, contract obligations and the like. If you have a large amount of assets that you want to keep out of bankruptcy, there are other options that we will explore.

Our Personal Insolvency Attorneys

A.C. Strip - Attorney A.C. Strip is a partner in our firm and has nearly 50 years of experience in representing individuals who are insolvent or approaching insolvency. Myron N. Terlecky - Attorney Myron Terlecky is a strident advocate for debtors who will work diligently to assist individuals and businesses as they attempt to work through their financial difficulties, either through loan restructuring, loan workouts, or a bankruptcy filing.
Kenneth R. Goldberg - Attorney Ken Goldberg, a firm partner, has significant experience in assisting clients resolve past-due accounts and other debt. James A. Coutinho - Attorney Jim Coutinho's focus on insolvency gives him the experience needed to show you your options and work with your creditors to find a way out of your problems.