Broomfield Payment Plan Lawyer Committed to Your Success
For people who do not qualify for Chapter 7 bankruptcy or people who are no longer eligible as a result of a previous Chapter 7 filing, Chapter 13 bankruptcy is often the best way to eliminate debt and regain control over their finances. If you are considering Chapter 13 bankruptcy, you could benefit from speaking with an experienced lawyer about your situation.
At The Nunemaker Law Firm, LLC, Thornton Chapter 13 bankruptcy lawyer Eric Nunemaker is committed to helping people obtain control of their finances, and remove the hold debt has on their life. He has been practicing in Thornton, Colorado, and the Metro Denver area for more than 10 years and has a tremendous track record of success in bankruptcy cases.
To discuss your legal needs in a free initial consultation with an attorney, call 303-586-2973 or toll free 888-416-5212 or contact the firm online today.
Reasons for Filing Chapter 13 Bankruptcy
Why would someone file Chapter 13 instead of Chapter 7 bankruptcy? There are a number of reasons, but the two most common are:
- Making too much money to qualify for Chapter 7
- Falling behind on a mortgage or car payment, but wanting to maintain possession of these assets
Chapter 13, which consists of a three to five year payment plan, allows consumers to pay back past due debt, while keeping up-to-date on current payment obligations in one payment designed to fit their budget. In addition to allowing you to catch up on your arrearages, you will enjoy all the standard benefits of bankruptcy including an immediate halt to garnishments, collections and lawsuits. Once the payment plan is complete, all remaining debt will be discharged.
Are You Facing Foreclosure?
If you are struggling to keep up on mortgage payments, Chapter 13 can be the best way to stay in your home and eliminate debt. For instance, if you have a first and second mortgage and your property is worth less than or equal to the value of your first mortgage, it may be possible to eliminate the second mortgage through bankruptcy.
To learn how Chapter 13 bankruptcy can help solve your financial problems, contact The Nunemaker Law Firm online or call 303-586-2973 or toll free 888-416-5212 today for a free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
