Choose A Chapter 13 Attorney That Will Be In Your Court When The Time Comes

A good Chapter 13 attorney will be ready and able to help you get going

. Coming to the decision of declaring bankruptcy is difficult for many people. They take on debt with the full intention of paying it back. But, then life happens. They lose a job or get struck with an illness that prevents them from working. All of this leads to financial hardships. Then there comes a point where bankruptcy is about the only alternative. A Chapter 13 filing will allow someone to repay some or the entire amount they owe. This allows for debts to be restructured so the creditors can be repaid. It is great for those that have regained income, but are unable to get their creditors to give them time to get caught up.

A Chapter 13 attorney can step you through the process before you actually file. You will generally have five years to make good on your debts. The court will supervise the process, but a good attorney will make sure your interests are safe. The court's agents will help setup a written plan that outlines the payment structure and schedule. The creditors must follow this payment plan and cannot attempt collections while it is in effect. A creditor can disagree with the plan, but if a court approves it, they will have to follow it.

Your Chapter 13 attorney will help you get ready for filing. The first step is making sure Chapter 13 is the right way to go. Some people are better off with a Chapter 7 filing instead. If 13 is right for you, then you will need to set up a budget you can live with. This will have to include a set amount that will be paid to creditors each month. For secured debts, your attorney will help you deal with them. Once all of this is together, the next step is filling out the forms to file. Your filing begins the court proceedings. You may need to attend meetings with creditors or the judge at different times.

Your Chapter 13 attorney will be there through the end. If everything goes as planned, you will eventually receive a full discharge after you make your last payment. Your attorney will help you finish up your paperwork at that time. The lawyer will also be there to deal with creditors that do not play by the rules. Despite strict laws against it, some creditors will continue to harass you even after you file. If you report this to your attorney, that creditor will be turned over to the court.

by: Troy Truman

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