Should You Get Help From a Chapter 13 Bankruptcy Attorney in Lawrence KS?

by | Apr 2, 2015 | Lawyers

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When debts become too great for a person to bear, people often begin to panic and look for quick ways to settle their debts. Many often reach for credit cards or quick loans to pay what they owe. Unfortunately, these options can end up compounding an already difficult problem. To receive full relief from debt, it can be beneficial to contact a Chapter 13 Bankruptcy Attorney Lawrence KS. Through the help of an attorney, debts can be settled and foreclosure and repossession can be avoided.

Meeting with a Chapter 13 Bankruptcy Attorney Lawrence KS can allow a person to bring in information on the debts they owe and their income amount so the attorney can help them decide if filing for bankruptcy will be a viable option.

Bankruptcy gives a person time to settle the debts they owe and stops and prevents any collection activity from occurring during the bankruptcy period. This also allows debt payments to be consolidated into an affordable payment based on the applicant’s income so they can afford to pay down their debts through a court payment each month.

The period given for bankruptcy depends on the amount of debt a person owes and how much income they make each month. The average bankruptcy lasts for two to five years. During this time, it is crucial all scheduled payments are paid to the court so the bankruptcy status stays active.

It is imperative applicants list all debts they owe on their bankruptcy. Should they leave any off, they remain the full responsibility of the applicant. This means the creditor may continue to pursue debt collection, which can involve wage garnishment and court proceedings.

To learn more about options for bankruptcy, contact an attorney. Many attorneys offer free consultations to help potential clients learn more about the services they offer. For help in overcoming mounting debts, contact Hooge John R Attorney At Law PA.

He will be happy to help you with your debts by giving you information about bankruptcy and what it can accomplish in your situation. Call today and schedule a consultation appointment so you can get started on finding true debt relief.

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