There are dozens of reasons why people may want to file for bankruptcy, including too much credit card debt and a high number of medical bills. When this happens, individuals have two main choices: Chapter 7 and Chapter 13. Both will stop harassing phone calls from creditors and a good Chapter 7 or Chapter 13 bankruptcy attorney in Wayne, NJ can explain the differences and help you choose the one that is right for you.
Chapter 13 Basics
A good Chapter 13 bankruptcy attorney can help you with a repayment plan if you should choose this type because Chapter 13 enables you to create a repayment plan that is convenient for you, meaning that it is a plan that is on your terms and no one else’s. If you visit the site of the attorney who you are researching, it can give you a lot of the information that you need to move forward so the entire process is much easier. In fact, this is essentially why you hire a Chapter 13 bankruptcy attorney in the first place because with the right lawyer, everything concerning your bankruptcy is much simpler and less stressful.
Immediate Debt Relief Is Possible
Bankruptcy is your right under the law, and regardless of the type you choose, a good lawyer is essential. A professional Chapter 13 bankruptcy attorney can help with the paperwork, educate you on what to expect each step of the way, and make sure that your rights are respected the entire time. When you file for bankruptcy, it can immediately end garnishments and even foreclosures. The sooner you get on that repayment plan, the sooner your finances will take a turn for the better. Debt relief always feels good and if you choose to file for bankruptcy, your finances are well on their way to improving.