Debt Relief Solutions for People With a Steady Income
Sometimes referred to as a "wage earner" plan, Chapter 13 bankruptcy is often a good debt relief option for people in Arizona who have a regular income but are struggling to meet their financial obligations. Under Chapter 13, you would make regular payments to your trustee according to a court-approved repayment plan over a three- to five-year period. The trustee takes care of distributing the funds to your creditors.
There are a number of considerations that need to be taken into account when deciding on the best debt relief solution for your circumstances. Seeking the advice of a qualified Chandler Chapter 13 bankruptcy lawyer can help to ensure that the solution meets your needs. At Thompson Law Firm, we help people get back on the right financial path through Chapter 13 bankruptcy.
Advantages of Filing Under Chapter 13
Chapter 13 bankruptcy provides debt reorganization that allows you consolidate all your bills into one payment. You don't have to worry about how much you owe each creditor or how your monthly payment is allocated. Those issues are all handled by the trustee. Another major advantage of Chapter 13 is that none of your property is at risk of being sold as it is in Chapter 7. In addition, you are able to repay any mortgage or auto loan arrearages in a Chapter 13 as long as you are able to keep up with the payments going forward.
Our attorney takes the time to fully review your situation and give you our best recommendation for a debt relief solution. We understand what a difficult time people are going through when overwhelming debt is holding them back. We are here to help. Our firm is committed to helping you get your finances back under control.
Schedule a Free Consultation With a Gilbert Repayment Plan Lawyer
Contact our office today to learn more about our bankruptcy services and what we can do to help you. We offer a free one-hour consultation to all new clients. We are available during regular business hours from 8:30 a.m. to 5:30 p.m. Monday through Thursday, from 9 a.m. to 1 p.m. on Fridays and by appointment. You can reach us toll free at 800-584-1803 or via e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
