Sometimes in life, things become out of your control. Feeling helpless is anxiety-inducing, to say the least, and when you are buried underneath stress and financial problems, every day feels worse and worse. Luckily, there are many debt relief options available for people like you. These debt relief options can help you climb out of the darkness of debt and start fresh. Determining which debt relief option to opt for can be problematic.

Which ones are right for you? Which ones do you qualify for? How do you even begin the process? A bankruptcy attorney knows the answers to all these questions and more. Together, you and an experienced bankruptcy attorney can come up with a solid gameplan on how to combat your crippling and have a chance to start again. If you are having trouble paying down your debts and you feel overwhelmed by the prospects of it, Chapter 13 bankruptcy may be for you. Consult with an attorney to see if your needs match with the Chapter 13 bankruptcy process.

What Paperwork Do I Need to Start?

To begin the process of filing for Chapter 13 bankruptcy, you will need to provide the court with several documents and bits of information needed to analyze your situation and qualify you for Chapter 13 bankruptcy. The court will need a list of the creditors you owe money to and how much money is owed to each creditor.

On top of that, you will need to show the court how much income you make, where you make it from, and how often you receive income. From there, you should make a list of all of your property and assets to give the court a sense of your total valuation and finally make a list of weekly and monthly living expenses. More paperwork may need to be filled out once your bankruptcy advances, including a repayment plan. An experienced bankruptcy lawyer can help you with filling out and filing paperwork for your case.

How Long Will My Chapter 13 Bankruptcy Case Take?

Your Chapter 13 bankruptcy case may take some time to resolve as the court goes over your file and repayment plan. However, once your repayment plan has been approved and the court finalizes your bankruptcy, you will need to begin your repayment plan. Your approved plan can last anywhere between three to five years. An experienced bankruptcy lawyer can help you plan an effective payment plan that can benefit both you and your creditors.

Will a Bankruptcy Attorney Help Me with My Case?

Chapter 13 bankruptcy has a lot of moving parts and a ton of clerical work that needs to be detailed to avoid any hold-ups. Israel & Gerity, PLLC can make sure your bankruptcy process is streamlined from start to finish. Reach out to Israel & Gerity, PLLC today to schedule a free consultation. Israel & Gerity, PLLC offers a special zero-down bankruptcy program that can help you avoid paying any legal fees up front so you can have quality service as soon as possible without any hassles.