If you declare Chapter 13 bankruptcy, you can normally save your home and car. This is an option that is usually chosen by people who have a job but need to get rid of debts that they can no longer pay.
That is why many people turn to Chapter 13 bankruptcy services in New Haven, IN, especially if they are facing foreclosure and have too many debts to handle – debts that may include tax payments, credit card obligations, or medical expenses.
Bankruptcy Reorganization
By contacting a legal representative that features Chapter 13 bankruptcy services, debtors can erase certain debts and get a fresh start financially. They can also keep their house and their vehicles. This type of debt relief is known as reorganization, and for good reason.
Catching Up on Your House Payments
When you use Chapter 13 bankruptcy services, you give the court a plan for reorganizing your debts and paying them back. This makes it possible for you to catch up on your house or car payments without having to deal with some of the other financial burdens that you faced in the past.
Discuss Your Situation with a Bankruptcy Attorney
Naturally, if you can find a way to get out from under a debt problem without filing for bankruptcy, it is preferred. However, if you are in a situation that is simply too difficult to manage, you need to consult with a bankruptcy attorney.
Who to Contact in the Legal Field
To learn more about the bankruptcy process, contact Fred Wehrwin, P.C. Consulting with a legal specialist will help you feel more in control when your financial obligations are out of control. Make an appointment for a consultation today. By taking this step, you can get a new lease on life and learn how to better handle your debts at the same time. You can also connect them on Facebook.