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ADVANTAGES OF CHAPTER 13 BANKRUPTCY

Filing for bankruptcy in Shinnston, WV, read this infographic to know about advantages of chapter 13 bankruptcy. To learn more about bankruptcy contact our Shinnston WV bankruptcy attorney at 304-829-2889.

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ADVANTAGES OF CHAPTER 13 BANKRUPTCY

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  1. ADVANTAGES OF CHAPTER 13 BANKRUPTCY Chapter 13 bankruptcy has many advantages. Creditors and debt collectors are required to immediately end all debt collection attempts against you once you file. Chapter 13 can also stop a foreclosure from occurring. This type of bankruptcy allows a debtor to have debts restructured and to pay off all debts over a period of three to five years according to a court-approved plan. You also benefit in the following ways when you file for Chapter 13 You get additional time to make your mortgage payments You may have junior mortgages turned into unsecured debt Arrearages on a car loan can be spread over the period of the plan Interest on unsecured loans is canceled Contact Us If you have a regular income and have the ability to pay back most or all of your debts with reasonable payments, we encourage you to learn more about Chapter 13 bankruptcy. Schedule a case evaluation with our Shinnston bankruptcy lawyer for help at once. Thomas E McIntire & Associates, LC 805 Hood Ave, Shinnston, WV 26431, United States 304-829-2889 info@mcintirelaw.com mcintirelaw.com

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