Benefits of Chapter 13 Bankruptcy
If your level of debt has grown out of control and you are unable to pay your bills in a timely manner, you may be searching for a way to regain control of your finances. Chapter 13 bankruptcy is one important option that may be able to help you get back on your feet and headed towards a brighter financial future.
Speak with a New Orleans Chapter 13 bankruptcy attorney from the Law Office of David D. Kervin, Jr., LLC, by calling 504-599-5906 today. Our knowledgeable and experienced legal team can answer any questions you have about the bankruptcy process and how it could help you become more financially stable.
How Chapter 13 Bankruptcy Can Help You
Filing for Chapter 13 bankruptcy can provide a number of important benefits for debtors with a stable income. These include:
- Not having to pay back all debts
- Opportunity to avoid home foreclosure
- Obligation of creditors to accept your case if you fulfill the terms of the repayment plan
- Appointment of a trustee to deal with your creditors for you
Another major benefit is that you will only have to pay for a reduced portion of your unsecured debts. Also, these modified payments are created without having to pay penalties or additional interest.
Contact Us
If you or a loved one is in need of financial assistance, contact the New Orleans Chapter 13 bankruptcy attorneys of the Law Office of David D. Kervin, Jr., LLC, at 504-599-5906. Our experienced legal professionals are ready to help you seek the fresh financial start you deserve.