Bankruptcy can help you reorganize overwhelming debt into a workable repayment plan. Your debt repayment plan can last three to five years and give you the chance to start over with a clean slate. With guidance from our Leesburg Chapter 13 bankruptcy lawyers, you can access the kind of debt relief you need to get back on your financial feet.
You do not have to navigate the myriad and potentially confusing steps toward financial relief on your own. To help you achieve your goals, our Leesburg bankruptcy lawyers can work with you to file a comprehensive application. Contact our consultation team at Bogin, Munns & Munns for free today. We treat every client with respect, dignity, and fairness.
How Our Chapter 13 Bankruptcy Lawyers Help You Reorganize Debt in Leesburg
Bankruptcy can help you find your way out of overwhelming debt, create a repayment plan that works for you, and get the fresh financial start you need. It can be a harrowing road to travel alone, so our bankruptcy team is ready to work with you. Our Leesburg commercial law lawyers can:
- List all of your creditors and the debt owed to each
- Inform creditors of your decision to file for bankruptcy
- Enforce the automatic stay, when applicable
- Accompany you to your meeting of creditors
- Inform you of your qualifying Chapter 13 exemptions
- Work with creditors to decrease debt, when possible
- Represent you in the courtroom (Lake County bankruptcy cases are handled at the Orlando Division of the United States Bankruptcy Court Middle District of Florida)
Our Leesburg Chapter 13 bankruptcy lawyers also obtain and complete all required forms and schedules. They are plentiful, so we handle it all for you and avoid potentially costly errors and omissions. We also work with you so you understand your debt-to-income ratio and create a viable repayment plan.
To consult with an experienced chapter 13 bankruptcy lawyer serving Leesburg
(855) 780-9986
Navigate the Chapter 13 Process With Guidance From Our Bankruptcy Lawyers
U.S. Courts guidelines recommend hiring a lawyer who can clarify the filing process and help you choose the right bankruptcy chapter. Our lawyers can help you obtain, complete, and file all required paperwork, including:
- Declaration about an individual debtor’s schedules
- Statement of financial affairs for individuals
- Creditor matrix or list
We also help you understand the role of the trustee assigned to your case, the importance of the meeting of creditors, and the final discharge of your case. Learn more about filing for bankruptcy yourself versus hiring our Chapter 13 bankruptcy lawyers in Leesburg to represent you. Contact our consultation team at Bogin, Munns & Munns today.
Our Bankruptcy Team Takes Time to Describe the Post-Discharge Experience
Chapter 13 bankruptcy allows you to discharge included debt once your repayment plan has met its goal. That typically means you have made all payments in a timely manner and completed the mandatory credit counseling and debtor education program. Debt eligible for discharge includes:
- Medical bills not covered by insurance
- Nonpriority unsecured credit card debt
- Unsecured personal loans
- Debt created by a breach of contract or negligence-related debt
- Certain unsecured tax obligations, such as money you have owed for a while
Our bankruptcy attorneys also make sure you are aware of debts that cannot be discharged, including support obligations (spousal and child), student loan debt, criminal fines, and court-ordered restitution.
Our Leesburg Bankruptcy Lawyers Can Establish Your Eligibility for Chapter 13
The promise of debt relief and reorganization can alleviate stress. It could also lead to increased disposable income once your repayment plan is complete. To qualify for Chapter 13, you must meet the following criteria:
- You are an individual with a regular income, or you are self-employed with a regular income
- Your accumulated debt is under $2,750,000
- You have not recently filed for bankruptcy
You must also enroll in and complete the credit counseling and debtor education courses required by the court. If you are filing Chapter 13 because you did not pass the Chapter 7 bankruptcy means test, our bankruptcy attorneys in Leesburg can help you understand all the benefits still available to you.
What You Need to Know About Chapter 13 Bankruptcy’s Pros and Cons
Bogin, Munns & Munns is here for you. We treat you like family and help you find the best available option that provides the most beneficial debt relief option for you. That includes describing the pros and cons you might face:
- Chapter 13 bankruptcy’s pros include: This option lets you pay off your debt over a three- to five-year period. It means a smaller hit to your credit score (7 years versus 10) and helps you keep your home and catch up on missed mortgage payments.
- Chapter 13 bankruptcy’s cons include: This option can take longer to reach the discharge phase than other chapters, you must meet specific income requirements, and the automatic stay may not apply to all included debt.
At Bogin, Munns & Munns, we have over 40 attorneys on staff who focus on different areas of law. Our bankruptcy attorneys focus on this specific field of practice. We work hard for business or individual filers who qualify for Chapter 13. Call now to find out more.
How the Automatic Stay Works for Chapter 13 Filers
The automatic stay is a benefit many bankruptcy filers look forward to. According to U.S. Courts guidelines, the automatic stay immediately stops creditors from contacting you in any way. That can make it easier to open mail, read emails, and answer the phone.
As long as the automatic stay is in place, your creditors must leave you alone while your bankruptcy case moves forward. Your creditors will be notified of your pending bankruptcy. If a creditor violates the automatic stay, our Leesburg law firm can help you take action against them.
Leesburg Chapter 13 Bankruptcy Lawyer Near Me
(855) 780-9986
Get a No-Cost, No-Obligation Evaluation of Your Chapter 13 Bankruptcy Case
Debt that far exceeds your income can make daily life a constant struggle. If you are faced with a heavy debt load, our Leesburg Chapter 13 bankruptcy lawyers can help you get relief.
One of our consultation team members will review your case and describe the available debt relief options. Contact Bogin, Munns & Munns to learn more for free.
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