Frequently Asked Questions & Resources

Sort through our frequently asked questions to learn more about your debt and our debt relief program.
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What are the bankruptcy objectives?

The purpose of Chapter 13 and Chapter 7 bankruptcy is to wipe out unsecured debts from credit cards and other forms of consumer debt. The bankruptcy process may therefore help stop foreclosures, end garnishments, halt repossessions, avoid or reverse utility shut-offs, and block further debt collection phone calls, ultimatums, and threats.

Chapter 13 and Chapter 7 are two types of bankruptcy. Both Chapter 13 and Chapter 7 bankruptcy provide exemptions that may allow an individual debtor to keep certain assets, but there are a lot of variables including the opinions of bankruptcy judges, your personal circumstances, the bankruptcy laws in your locality, and the type of bankruptcy filing.

Unless you feel that your financial situation leaves you no other choice, declaring either Chapter 13 bankruptcy or Chapter 7 bankruptcy can and should be avoided if at all possible. While it’s true that the bankruptcy process may give people who can’t satisfy their consumer debts a “fresh start”, the repercussions of such a decision will keep resurfacing for years to come.

Bankruptcy can stay on your credit report for seven to 10 years. Bankruptcy, therefore, isn’t always an instant ticket out of financial distress. When possible, try repayment plan options for a period of time first, especially if you have regular income and can afford to make minimum payments to creditors.

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We know there are a million questions to ask, which is why we maintain a strict no-billing policy. As a client, you can ask us about credit cards, debt consolidation, your credit report, anything really, and we won’t send you an unexpected bill. Instead, you make one low monthly payment that fits your budget. By keeping it simple, you can have peace of mind and focus on paying down your debt.

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Why people choose Tayne Law

A debt relief law firm

Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.


You make one low monthly payment and will never get an unexpected bill.

Experienced Debt Attorneys

We have more than 20-years of experience providing clients with debt relief.

Confidential & Trusted

As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.

Work with Creditors

We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

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