Lose Your Debt, Not Your House
Filing for bankruptcy doesn’t have to mean losing your house. With Chapter 13 bankruptcy, you can keep your home, even if you’ve defaulted on mortgage payments or it’s in foreclosure. Debt can be one of the most stressful things in your life. It may affect others in your life and keep you from reaching your goals. It doesn’t have to stay that way. Filing for bankruptcy can help you break the cycle of accumulating debt. Whether you’re just considering bankruptcy or ready to file, the bankruptcy attorneys at Wirth Law Office – Nowata can explain the process and answer your questions. Bankruptcy is handled in a federal court. Don’t attempt it without the skilled legal representation of a bankruptcy lawyer in Nowata county.
Stop Debt Collectors
Do calls from debt collectors stress you out? Do you worry every time your phone rings? There’s no reason to live in fear. If you file for Chapter 13 bankruptcy in Oklahoma, these calls will stop. That way you can focus on fixing your finances instead of worrying about fielding debt collectors. The Nowata bankruptcy attorneys at Wirth Law Office can walk you through the process of filing for Chapter 13 bankruptcy.
Is part of your paycheck being taken away as a garnishment? Are you afraid to put money in your bank account because you could lose it? Filing for Chapter 13 bankruptcy may pause garnishments. A Nowata bankruptcy attorney at Wirth Law Office can inform you of your options for financial recovery. Quit worrying about money. Take action now to get to a place of financial security.
Reducing Your Debt
Unlike Chapter 7, Chapter 13 bankruptcy doesn’t eliminate your debt. Instead, it helps you restructure it so it’s more manageable. This will allow you to reduce your debt quicker and easier than you could do on your own. Don’t accrue more debt by borrowing from one person to pay another. File for Chapter 13 bankruptcy to get on the path to a better financial future. While Chapter 13 has no requirements, it can take a while. Since you’re making significant changes to your finances, it could take 3 to 5 years to complete.
Chapter 13 bankruptcy restructures your debt. Some benefits are:
- Keeping your home, even if you have defaulted on mortgage payments
- Keeping your home, even if it is in foreclosure
- Keeping your vehicle, even if you are behind on payments
- Immediate protection against wage garnishment
- Reduction of debt
- Discharging some of your unsecured debt (medical bills, credit cards, business debt, repossession and foreclosure deficiencies) through an affordable payment plan
Qualifying for Chapter 13 Bankruptcy
The great thing about Chapter 13 bankruptcy is that, unlike Chapter 7, there are no qualifications. You just have to be patient and willing to work on changing your financial habits. If you’re wondering if you can still file if you have a misdemeanor or felony on your record, you can. Nowata bankruptcy lawyers at Wirth Law Office are willing and able to show you the pros and cons of Chapter 13 bankruptcy. They can help you decide if it’s right for you.
Filing for Chapter 13 Bankruptcy
While filing may seem simple, you shouldn’t do it without legal representation. It takes place in a federal court, which can be daunting. You need a Wirth Law Office’s Nowata attorney to stand with you in court. When you file, you also have to take classes on financial responsibility. If you’ve filed for Chapter 13 bankruptcy before, you must wait 6 years before filing again. Maybe you’re hesitant to file because of the amount of time it takes. If you want to take less time to file for bankruptcy, you could file for Chapter 7 if you qualify.
Before you go through with bankruptcy, consider your options. The Nowata bankruptcy attorneys at Wirth Law Office can teach you about bankruptcy alternatives. It’s important to determine the best course of action for you before you move forward. Some of the alternatives are credit counseling, negotiating agreements with creditors, combating illegal debt collection practices, and restructuring your budget.
Free Consultation with a Nowata Chapter 13 Bankruptcy Lawyer
Bankruptcy can be a long and stressful process. You need a skilled Nowata bankruptcy lawyer on your side. Wirth Law Office lawyers understand every aspect of bankruptcy and its alternatives. If you’re ready to file, have more questions, or want to know your options, contact us. Wirth Law Office’s Nowata bankruptcy attorneys offer a free consultation. Call (918) 485-0336 or fill out the form at the top of this page.