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One of the main concerns individuals have regarding their Chapter 13 Bankruptcy filing is whether they will be able to keep any of their assets upon the conclusion of their case. Your assets can be anything from your home to your car.
When individuals fail to make payments such as credit card or mortgage payments, they are at risk of having their property repossessed by creditors. When individuals are in “default” on loans they are usually called frequently by bill collectors who demand payment. With a Chapter 13 Bankruptcy Attorney’s help, bill collectors can be prevented from calling the client, and in most cases home foreclosures can be halted and even prevented.
A skilled Chapter 13 bankruptcy lawyer will be able to help you:
While an attorney is not required to file for Chapter 13 Bankruptcy, it is strongly encouraged that you retain a qualified bankruptcy lawyer to help you through the process. A lawyer will be there to help answer questions such as whether or not you qualify for Chapter 13 and exactly what your financial obligations will be after your Chapter 13 Bankruptcy has concluded.
Finally, filing bankruptcy is a complex process. One wrong move can affect your chances of successfully achieving your financial goals.
Click to find qualified Chapter 13 Bankruptcy Attorneys.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified chapter 13 bankruptcy lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local chapter 13 bankruptcy attorney to discuss your specific legal situation.