Advantages of Chapter 13 Bankruptcy
If your home is in foreclosure because you are struggling to make your monthly mortgage payments, you may be worried about the future. Although this can be a terrifying time, it is important to know there is help available.
Working with an experienced lawyer to file Chapter 13 bankruptcy will stop the foreclosure proceedings. I am attorney Mark W. Lischwe, P.C., and I have over 25 years of experience helping clients find debt relief. I represent clients throughout Phoenix, Arizona, helping them find the debt relief they need to get back on track. Contact me online or call 602-252-7552 to schedule your free initial consultation.
Understanding How Chapter 13 Works
When I meet with clients, the first thing we will do is assess the situation. I talk with my clients, helping them understand the bankruptcy process and making sure I know what they are hoping to accomplish.
Many people worry that if they do not qualify for Chapter 7 bankruptcy, that they will not be able to regain control of their finances. This is not necessarily true. With Chapter 13 bankruptcy, your debts are reorganized, and you will be responsible for making monthly payments for 3-5 years. The payment plan is created specifically for you and dependent upon your income, so the monthly payment will be within your means.
Whether you are behind on your mortgage, owe more on your car than what it is worth or are paying back taxes, there is a way out. I work with you to give you the assistance you need to regain control of your finances. Schedule your free initial consultation by contacting me online or by calling 602-252-7552.