Filing for bankruptcy can be confusing, especially because there are multiple types of bankruptcy that you can file for. Chapter 13 bankruptcy has specific requirements and is often called a “court-ordered repayment plan” due to it being a little stricter than other bankruptcy types. With a chapter 13 attorney, you can avoid making mistakes and get through the bankruptcy process as quickly as possible.
Unlike other bankruptcy types, this type is strictly for individuals and couples who are not part of a business, but that doesn’t always mean it’s for you. The attorneys at the Law Offices of Tara M. George, PC are nearby and ready to guide you through the process.
Who Can File?
Similar to chapter 11, chapter 13 is a reorganization bankruptcy type, but it’s one that is meant for individuals. As long as you are not a business, don’t have exceptional debt amounts, and are prepared for an official repayment plan, you are typically eligible. A chapter 13 attorney in Fall River, MA will be able to tell you which bankruptcy types you are eligible for and which one is the most appropriate.
Why Choose an Attorney?
It’s typically advised to hire a bankruptcy lawyer before filing for bankruptcy. You can find one close to you and schedule a consultation to see if you are eligible. They will make sure that you execute all of the steps so that you can complete the process as smoothly as possible.
There are typically a series of documents associated with this bankruptcy type, and you will also have to submit a proposal for repaying debts. A chapter 13 attorney will help you prepare and plan appropriately, complete schedules and paperwork, provide testimony, handle creditors, and modify a repayment plan if it ever becomes necessary.
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