If your debts are overwhelming, Chapter 13 bankruptcy may provide the relief that is necessary for you to live peacefully. Come to Wiesner & Frackowiak, LC, in Overland Park, KS, to speak to a Chapter 13 bankruptcy attorney to begin the process of finding the financial relief that you and your family need.
We provide our services throughout Kansas City, MO; Olathe, KS; and the surrounding areas.
Chapter 13 Bankruptcy Eligibility
When you come to our office, we’ll analyze your situation and advise you on your eligibility for chapter 13 bankruptcy and the viable options available to you. To be eligible, your debt must be beneath certain thresholds or generally be unsecured debt — credit cards, medical bills, or anything that does not give your creditor the right to take property as payment.
You also need evidence of a steady income because a part of chapter 13 bankruptcy is a repayment agreement that requires consistent, monthly payments. Finally, chapter 13 bankruptcy is available to only individuals, not businesses.
Chapter 13 Bankruptcy Benefits
With our chapter 13 bankruptcy attorney’s guidance, you can access a number of benefits. Most importantly, with chapter 13 filing, you can keep key assets, like your home or car.
One of the top reasons people choose chapter 13 bankruptcy is that it allows them to restructure their debt and keep their home. With an attorney’s help, you can make a plan that allows you to get back on track with your mortgage.
With chapter 13 bankruptcy, you can also space out your car payments so that you keep your vehicle. If transportation is essential to your employment, make stopping vehicle repossession a priority.
For many people, the crushing debt they can’t pay back comes in the form of medical bills, credit card bills, and payday loans. With chapter 13 bankruptcy, you can discharge this unsecured debt so that it no longer plagues you. You may also be able to discharge tax penalties and other fees.
Improve Interest Rates
Additionally, chapter 13 restructuring can improve your interest rates. High interest rates can erode your financial security over time, so your bankruptcy attorney will help you access reasonable rates that won’t push you toward bankruptcy again.
Chapter 13 Bankruptcy Attorney
We understand that filing for Chapter 13 bankruptcy is a complicated process. Our attorneys are here to help you navigate those complexities and understand exactly what you need. We work with you to interact with the judge and to represent you and your position.
Our attorneys serve as a mediator between you and your creditors so that you are no longer plagued by their calls. We use our decades of experience to handle your case with great care and attention.
Come to Wiesner & Frackowiak, LC, for assistance filing for Chapter 13 bankruptcy. Call 913.642.2240 to speak to our Chapter 13 bankruptcy attorney today.