Managing Your Debt With Chapter 13 Bankruptcy
To many people, bankruptcy seems like a last resort. However, it can actually be a good financial decision. Depending on your financial situation, you often can obtain debt relief through bankruptcy while keeping your home, car or other valuables.
Through Chapter 13 bankruptcy, you can restructure your debt and make it more manageable. You may be able to save your home and obtain a mortgage modification, reduce your vehicle payments, eliminate credit card and other unsecured debt. Additionally, you can restructure tax debt and stop incurring further crippling IRS penalties and fees.
Under Chapter 13 you can:
- Propose a repayment plan to pay installments to creditors over three to five years
- Have any remaining debt discharged after the repayment period
- Save your home from foreclosure
- Stop harassment and collection efforts from creditors
- Receive many other financial benefits that can be outlined by one of our experienced bankruptcy attorneys
- Apply for a mortgage loan modification monitored by federal court not just a bank
You Don’t Have To File Bankruptcy Alone
Dealing with creditors, as well as the bankruptcy courts, may seem like a daunting task. You want to make sure your bankruptcy filing is handled properly the first time and that your rights are protected throughout the process.
Fortunately, you can get valuable advice and guidance from the experienced attorneys at the Thompson Law Group, P.C. We have years of experience helping people in Pittsburgh and throughout Allegheny County, greater western and middle Pennsylvania regions, Erie and West Virginia.
We will work with you to find the debt relief solution that works for you, not try to shove you into a “cookie cutter” solution. We understand the ins and outs of bankruptcy law in Pennsylvania and will work diligently to provide you with the best professional legal representation at every step.
Schedule Your Free Consultation
Don’t wait to get the help you need for your overwhelming debt. Contact Thompson Law Group, P.C., today at 814-451-1125 or complete our short intake form and we will be in touch shortly to schedule a free consultation. We offer evening and weekend appointments, as well as flexible payment plans to suit your needs.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.