Is Chapter 13 Bankruptcy Right for You?
For many people, filing Chapter 13 bankruptcy is the most effective option to overcome debt. However, all options should be considered before making a decision.
At the Law Office of Patrick M. Noe, Jr., we will take the time to review your situation and consider the various options. You may qualify for some of them, others you may not. Some of them might seem like good options, others may not.
Our goal is not to simply choose a good option, but to choose the best option for you. When our attorney says that Chapter 13 makes the most sense in your case, you can be confident that it is the most effective way for you to get rid of your debt.
What is Chapter 13 Bankruptcy?
This form of bankruptcy is designed to help people overcome debt by creating a manageable payment plan.
Chapter 13 is an effective way to deal with all types of debt, including medical bills, credit card debt and even some types of back taxes.
One of the critical features of Chapter 13 bankruptcy is that it is designed to allow you to keep your major assets. You will be able to stop home foreclosure. You will be able to stop car repossession. You will be able to keep your property.
The Chapter 13 Bankruptcy Process
After our lawyer determines that Chapter 13 is right for you, the process itself starts with paperwork. You will have to list your expenses and your income. You will have to list your assets and your debts. This paperwork will then be filed in court.
The next major step is creating a repayment plan. The plan doesn't need to cover all of your debts. It is intended to be something you can manage. All excess debts will be discharged.
Depending on the payment plan decided upon, you can have control of your financial situation within three to five years.
From our office in Amherst, we represent people in Buffalo and throughout Western and Upstate New York.
To get the aggressive, professional and effective help you need to resolve your New York bankruptcy case, contact the Law Office of Patrick M. Noe, Jr. in Amherst. We have successfully handled numerous cases for our clients — we can help you.
Call us toll free at 1-866-745-5168 or send us an e-mail for a free initial consultation.
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