Guiding New York Clients Through Chapter 13 Bankruptcy
Many New Yorkers struggle to make ends meet. Medical bills, credit card debt, home mortgage, car loans — the list goes on and on. When it becomes too difficult to pay back all of these debts, filing for Chapter 13 Bankruptcy could give you the relief you need.
At The Law Office of Charles C. Welch, I have more than 10 years of experience guiding my clients through bankruptcy proceedings. I understand what you are going through, and I can help you get a fresh financial start.
Chapter 13 "Wage Earners" Bankruptcy
Many people with a regular income do not qualify for Chapter 7 Bankruptcy, but they still struggle with overwhelming debt. Chapter 13 bankruptcy may offer relief.
All of your unsecured debts will be combined into one payment plan. As your bankruptcy lawyer, I will help you determine how much you can pay towards this debt each month, and we will file a plan with the bankruptcy court.
Chapter 13 repayment plans last between three and five years. At the end of the plan, any remaining debt will be discharged and you can begin rebuilding your credit.
How Can Chapter 13 Help You?
Many clients come to me uncertain if bankruptcy is really the best option. I will listen to all of your concerns and explain the benefits of Chapter 13 Bankruptcy, such as:
- The automatic stay goes into effect as soon as you file for bankruptcy. Creditors will have to contact me instead of you to discuss your debts.
- You can avoid foreclosure if you can keep up with your mortgage payments in the future.
- You can file for Chapter 13 Bankruptcy at any time, even if you have discharged you debt under Chapter 7 in the past.
- Part of your attorneys fees can be included in the payment plan.
In short, Chapter 13 Bankruptcy can let you get your life back to normal. Call 585-431-1025 or contact me online to schedule a free consultation and discuss whether bankruptcy is the best debt relief option for you.
