Yakima Chapter 13 Lawyer

Chapter 13 Bankruptcy Qualifications

Filing for Chapter 13 bankruptcy is a way that businesses and individuals who have run into too much financial stress to cope with can come to terms with handling their debt, and does not involve the selling of any of their assets. Instead, it enables the debtor to pay back their debts on a three to five year payment schedule according to a plan approved by a bankruptcy court. An individual or business can gain the freedom to make a fresh start and recover from their financial hardship, while also putting an end to consistent calls from creditors. Chapter 13 does have income limits, however. If you think that you might be in an income bracket which won't allow you to pay your debts with a payment plan over a number of years, then perhaps filing for a Chapter 7 bankruptcy would be a more suitable choice for you. Either way, if you are considering bankruptcy and have questions about the filing process you should contact a Yakima Chapter 13 lawyer and see which debt relief option would be best for you.

One of the added benefits of filing for Chapter 13 bankruptcy is that in many cases creditors can be negotiated to reduce the debt amount, or even bring it down to zero. There are many steps to the bankruptcy process, and filling out the paperwork alone can sometimes take hours. It is best that you retain an attorney to help you decide what your best options are and to help you understand what is involved with filing for Chapter 13 bankruptcy.

Chapter 13 Attorney in Yakima

At Eastwood Law, we are ready to help you sort out your financial struggles once and for all. You'll have greater peace of mind knowing that you're on the path to better financial security. Being intimately familiar with all aspects of the legal process of bankruptcy and all of the options available, it is vital that we make a full review of your financial situation so that we can advise you on your best route.

Contact a Yakima Chapter 13 lawyer to begin the process of overcoming your debts by filing for Chapter 13 bankruptcy.