Chapter 13 Bankruptcy
Chapter 13 bankruptcy allows individuals with regular income to create a strategy to repay all or part of their debt. Payment plans may occur over three to five years and will enable a person to take back control of their finances. By employing chapter 13 and depending on the circumstances, there is more possibility of preventing a home foreclosure. However, mortgage payments must continue to be made on time after filing. Talking to a foreclosure lawyer about filing for chapter 13 is a great option when faced with losing your house. We’ll assist with developing a plan and ensure you’re aware of all your options.
The possibility of filing for chapter 13 bankruptcy can feel devastating. However, sometimes it provides a reset to regain financial control. No matter what the reason, we’re here to provide assistance, guidance, and legal advice that will see you through one of the most challenging parts of your life. We offer no judgment and are committed to ensuring you feel supported and understood through trying times. Home foreclosure is a difficult process to navigate and is always charged with stress and emotions. Allow us to offer perspective and suggestions to ensure you come out of your situation feeling better about your financial position.