Business Details
Expert Bankruptcy Solutions in Roanoke
At Giles & Lambert, we specialize in guiding individuals and businesses through complex financial challenges with expertise and compassion. With over two decades of experience serving Roanoke and surrounding areas, our team understands the emotional and practical burdens of debt. We offer personalized solutions through Chapter 7 and Chapter 13 bankruptcy options, debt management strategies, and business restructuring services. Our attorneys, recognized for their leadership in consumer bankruptcy law, prioritize client education and community engagement.We maintain a welcoming environment where clients feel supported, offering flexible appointment options and transparent communication throughout the process. Our commitment to excellence is reflected in our extensive legal education contributions and active participation in local and national legal organizations.
Services
Chapter 7 Bankruptcy
Chapter 13 Bankruptcy
Business Bankruptcy
Debt Management
Free Consultation
Highlights and features
- We offer 25+ years of specialized bankruptcy experience in Virginia courts
- Our attorneys teach bankruptcy law at state and national legal seminars
- We provide personalized case strategy development for each client's unique situation
- Our team maintains active involvement in local community and legal organizations
- We guarantee transparent communication and client-centered legal representation
Associations and certifications
- federally designated debt relief agency
What people say
Knowledgeable staff
Supportive guidance
Professional service
Transparent process
Compassionate approach
Services
Chapter 7 Bankruptcy
Chapter 7 Bankruptcy provides debt relief by eliminating unsecured obligations like credit cards and medical bills. This process typically takes 3-6 months, allowing clients to retain essential assets while discharging qualifying debts. Our experienced attorneys guide clients through asset protection strategies and income eligibility requirements to achieve a fresh financial start.
Chapter 13 Bankruptcy
Chapter 13 Bankruptcy offers debt restructuring through manageable repayment plans over 3-5 years. This solution helps clients catch up on mortgage arrears, vehicle loans, and tax obligations while protecting assets. Our team develops customized payment plans based on individual financial circumstances to create sustainable debt resolution paths.
Business Bankruptcy
Business Bankruptcy solutions address insolvency challenges for LLCs and corporations. We help business owners evaluate Chapter 7 liquidation or Chapter 11 reorganization options while considering personal liability protections. Our strategic guidance helps navigate complex debt restructuring while maintaining compliance with federal bankruptcy regulations.
Debt Management
Debt Management services provide alternatives to bankruptcy through structured repayment strategies. We help clients evaluate debt consolidation options, negotiate with creditors, and develop sustainable budgeting practices. Our personalized approach considers each client's unique financial situation to determine the most effective path forward.
Free Consultation
Free Consultation sessions offer personalized evaluation of financial challenges and legal options. During these meetings, experienced attorneys review individual circumstances, explain bankruptcy alternatives, and develop tailored action plans. This no-obligation service helps clients make informed decisions about their financial future.
People
Tracy Allen Giles
Partner
With 30+ years of bankruptcy law experience, Tracy specializes in consumer debt solutions and has taught at national legal seminars. He actively contributes to legal education programs and maintains leadership roles in multiple bar associations.
Malissa Lambert Giles
Partner
Recognized as a Virginia Super Lawyer, Malissa focuses on bankruptcy and debtor rights with 25+ years of experience. She has authored multiple bankruptcy law publications and serves as a trusted legal resource in the Roanoke community.
Heather Parsons
Associate Attorney
Heather specializes in Chapter 7 and 13 bankruptcies, bringing 12 years of legal aid experience to client representation. She graduated from Regent University School of Law and focuses on making complex legal processes accessible to clients.
Questions
What is the difference between Chapter 7 and Chapter 13 bankruptcy?
Chapter 7 eliminates qualifying debts in 3-6 months, while Chapter 13 restructures debts over 3-5 years through manageable payments.
Will bankruptcy stop creditor harassment and wage garnishments?
Yes, filing for bankruptcy triggers an automatic stay that immediately stops collection calls, lawsuits, and wage garnishments.
Can I keep my home and car during bankruptcy?
Many clients retain essential assets through bankruptcy by working with our team to develop appropriate protection strategies.
How does bankruptcy affect my credit score?
While bankruptcy appears on credit reports for 7-10 years, many clients rebuild credit within 2-3 years through responsible financial management.
What happens during the free consultation?
The consultation includes reviewing your financial situation, explaining available options, and creating a personalized action plan for debt resolution.
Are business owners personally liable for company debts?
Personal liability depends on guarantees and tax obligations - our attorneys help evaluate these factors during initial consultations.
