Reorganizing Debt With Chapter 13 Bankruptcy
Chapter 13 bankruptcy can be a great tool for individuals or married couples who have a steady source of income but are suffering with the burden of debt. By filing for Chapter 13, you can establish a reasonable repayment plan for a set period of time – typically, three to five years.
Due to the serious and complex nature of your bankruptcy case, it’s important to work with an experienced bankruptcy attorney. In Middletown and the surrounding areas, the firm to call is R. Richard Croce, LLC. At my firm, I know exactly how to achieve your goals and will tirelessly pursue the most favorable outcome possible.
Why Hire My Firm?
I have helped countless clients craft tailored and effective legal solutions throughout more than 25 years in practice. I don’t push you toward one option or another simply to move the case along. Instead, I take the time to assess your financial situation and recommend the debt-relief option that is most appropriate for you. Sometimes, that option is bankruptcy, but not always. This thoughtful approach and personal attention to your case demonstrates that I am dedicated to achieving your goals and ensuring that you are successful.
The Numerous Benefits Of Chapter 13
The two most common personal bankruptcy options are Chapter 7 and Chapter 13, which take very different approaches. Some of the benefits of Chapter 13 include:
- A payment plan based upon your ability to pay
- Discharge of debts after a payment plan is completed
- The ability to keep your home, car and other property
- The stop of foreclosure
- The ability to make up missed loan or mortgage payments over the course of three to five years
- Immediate relief from creditor harassment and abuse
A final benefit is that not everyone will qualify for Chapter 7 bankruptcy, but Chapter 13 has no such limitations.
Find Your Debt Relief Solution Today. Call R. Richard Croce, LLC, Now.
Get in touch with me, your Middletown bankruptcy lawyer, today to learn if filing for Chapter 13 bankruptcy can be the key that unlocks the doorway to your fresh financial start. Don’t assume that bankruptcy will ruin your financial life. To the contrary, gaining relief from your debt is the first step toward complete credit restoration.