Business Details
About
Law Firm
Cox Law Group, PLLC specializes in bankruptcy law, small business bankruptcy and student loan debt in Lynchburg, VA.
Location
Hours
Reviews
4.6
8 reviews
5 stars
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- BHBernadette HuntMar 21, 20225.0Very Very professional. They are amazing people to work with. If you need help I recommend you to COX LAW GROUP!!!
- AGAmanda GearDec 31, 20205.0We have been dealing with cox law group for almost 3 years now. I have to say we have never been more satisfied with any law firm before. Not only have we been treated with understanding and respect and kindness we have had all our concerns and questions answered right away. I have emailed Shamesse the senior paralegal there through out the 3 years about everything I had a concern or questions well I have to say as soon as I submit my email not even 10 minutes later I have my response email and if it’s something our attorney Janice has to answer she will actually call Me and she is the sweetest person and is so calming and so nice to me. Not once have we gotten off the phone feeling stressed or like in confusion. And the two of them Shamesse and Janice are my 2 favorite people. Our case will come to an end In the beginning of 2021 and I am really going to miss talking to them. So yes I would so recommend anyone who needs an attorney to give Law Cox Group a chance y’all will not be disappointed.
- BVBryan ViersDec 28, 20205.0I have worked with this firm through some very messy situations and they have been very supportive and provided keen advice each time. I definitely recommend working with them as they support you both in filing as well with follow up issues/questions.
- ODOwen DawsonFeb 24, 20165.0Just do as instructed .
Frequently Asked Questions About Cox Law Group PLLC
Will I lose my car?
Not necessarily. A bankruptcy attorney can explain your options regarding vehicles during bankruptcy. Typically, you may keep your car and continue with current payments, keep it with reduced payments, or surrender it if financially unfavorable. The specific approach depends on the type of bankruptcy filed.
Will I lose my house?
Generally, you don't have to lose property you wish to keep, but this may affect the type of bankruptcy you file. Our attorneys at Cox Law Group PLLC will assess your specific situation to determine if your home is protected.
Does the court take everything I own?
No, the court does not intend to take your personal belongings. The treatment of assets varies based on the bankruptcy chapter and the value of your personal property. In most cases, individuals filing for bankruptcy with legal assistance retain their personal property. Any specific issues are addressed with creditors or trustees during the case.
Will I ever qualify for a mortgage after filing for bankruptcy?
Yes, many individuals qualify for loans and purchase homes after bankruptcy. The timeline for loan qualification depends on the lender's discretion. It's important to note that a bankruptcy filing may remain on your credit report for up to 10 years, according to Capital One.
Once I file for bankruptcy, will the creditors stop calling?
Yes, this is a significant benefit of filing for bankruptcy. Once filed, an automatic stay is implemented immediately. The court notifies each creditor, though it may take some time for notices to be received and processed. Creditors should cease contact after filing, as continued contact may violate the automatic stay. Inform your bankruptcy attorney if creditor contact persists unreasonably after filing.
Should I withdraw all the money in my bank accounts before filing for bankruptcy?
No, it's not advisable to make significant changes before filing bankruptcy unless directed by your attorney. Withdrawing money from bank accounts serves no purpose, as all funds must be reported to the court in your paperwork. Maintaining funds in bank accounts simplifies case management for your attorney. Similarly, avoid transferring personal property to friends or relatives in an attempt to protect it from creditors.
Will I lose my retirement funds when I file for bankruptcy?
No, retirement funds are fully exempt under Florida's mandates. By applying for the appropriate exemption, these funds are protected and cannot be used to pay creditors. Contact our bankruptcy attorney for more detailed information on this matter.
Can I discharge IRS debt?
It's possible, depending on when the tax debt was assessed and when the tax return was filed. The specifics are crucial in determining whether your IRS debt is dischargeable. Consult with a bankruptcy attorney to evaluate your particular situation regarding IRS debt discharge.
Can I keep a few credit cards when filing for bankruptcy?
No, a debtor cannot selectively choose which debts to include in bankruptcy. All debts and creditors must be listed. Unsecured debts will be discharged, while you can decide your intentions for secured debts like car loans or mortgages. Our bankruptcy attorney can provide more guidance on this process.
Does my spouse have to file bankruptcy with me?
Not necessarily. Marriage doesn't require both spouses to file. If debts are solely in one spouse's name, that individual can file alone. However, the non-filing spouse must provide income proof for the case, unless the couple is separated and living apart. In some instances, joint filing may be more beneficial. Consult our bankruptcy lawyer for personalized advice.
Will I lose my car if I file for bankruptcy?
Not necessarily. Depending on your bankruptcy type, you may keep your car with current or reduced payments, or surrender it if financially necessary. Consult an attorney for options.
Can I keep my house during bankruptcy?
You generally don't have to lose property you want to keep, but it may affect your bankruptcy type. Cox Law Group PLLC will assess your situation to protect your home.
Does the court take all my belongings in bankruptcy?
No. Treatment of assets varies by bankruptcy chapter and personal property value. Most clients retain personal property when represented legally.
Can I get a mortgage after filing for bankruptcy?
Yes, many qualify for loans after bankruptcy. The timeline depends on lenders. Keep in mind bankruptcy may remain on your credit report for up to 10 years.
Will creditors stop calling after I file for bankruptcy?
Yes, an automatic stay stops creditor calls immediately once you file. Notify your attorney if creditors contact you afterward unreasonably.
Should I withdraw money from bank accounts before filing bankruptcy?
No, do not withdraw funds or transfer property before filing unless guided by an attorney. All assets must be reported to the court for your case.
Are retirement funds lost during bankruptcy?
No, Florida law exempts retirement funds fully. Proper exemption protects these funds from creditors.
Can IRS tax debt be discharged in bankruptcy?
Possibly, depending on tax assessment and filing timing. Consult a bankruptcy attorney for details on discharging IRS debt.
Can I keep selected credit cards when filing bankruptcy?
No, all debts and creditors must be listed. Unsecured debts discharge, but secured debts like car loans can be decided upon with attorney advice.
Do both spouses have to file bankruptcy together?
Not necessarily. One spouse can file alone if debts are in their name only, though income proof from non-filing spouse may be required. Joint filing may be beneficial sometimes.
What nearby medical services can I find near Cox Law Group PLLC in Lynchburg?
Close to Cox Law Group PLLC, you can access medical and health services like Center for Care and Resiliency Lynchburg, William C. Crow family practice, HearingLife of Lynchburg, Hill City Foot Care, and Kimble Family Dentistry. These can support your health needs before or after consulting with our attorneys.
Are there entertainment options near Cox Law Group PLLC to visit?
Yes, nearby you can visit Venue Cinemas and Carmike Cinema for movies or enjoy local arts and community at Canvas lounge. These places offer relaxation after your legal matters.
What shopping options are available near Cox Law Group PLLC?
Nearby shopping includes Buddy's Home Furnishings for furniture and appliances, Seaside Quilting Supplies for craft materials, Dollar Tree for discount goods, and Roses Express department store. These stores cater to diverse shopping needs conveniently after your appointments.