Filing bankruptcy is one of the heaviest financial decisions you may ever make. It is important that you have the experience and understanding of a skilled attorney to help you make this decision. Many people assume that they need a Chapter 7 bankruptcy when a Chapter 13 bankruptcy is actually in their best interest.
At The Law Office of William R. Schuchman, we will help you find a solution that is tailored to your needs, financial situation and future goals. Don't take this decision lightly.
Filing Bankruptcy in San Pedro, California
Many people in difficult financial situations do not actually wish to discharge their debts in a Chapter 7 bankruptcy. Rather they would prefer to pay their creditors — they simply need time and a break to allow them to catch up on payments.
Chapter 13 bankruptcy allows you to eliminate the interest on these debts, giving you the opportunity to pay back creditors. Through debt consolidation, your unsecured debts will be combined into a sum, and you will be given a payment plan based on your income. You will still have money for living expenses and necessary bills. Other funds, however, will be marked with the goal of aggressively paying off your debt in three to five years.
With the assistance of a skilled attorney, you will be able to protect your assets in a Chapter 13 bankruptcy.
Torrance Chapter 13 Bankruptcy Lawyers
Let us help you find the light at the end of the tunnel. Through bankruptcy, you can achieve a fresh financial start and move toward a more secure future. To schedule a free consultation, please call us today at 888-403-4358.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.