Filing Chapter 13 Bankruptcy in Cedar Rapids

October, 2013 by Alma Abell

When a person is considering the option of filing chapter 13 bankruptcy they are, understandably, experiencing an overwhelming and frustrating time. By hiring an attorney who practices within the law of chapter 13 bankruptcy Cedar Rapids, individuals are able to rid themselves of the frustration they are feeling. A bankruptcy lawyer will be able to help their client understand the process and what they can expect throughout the course of their bankruptcy case. Potential clients will need to attend a consultation to discuss their case and see how the attorney will be able to assist them.

A lot of people are unfamiliar with what chapter 13 bankruptcy is and what it means for the debtor. Chapter 13 bankruptcy is a type of bankruptcy that proposes a payment plan to the creditors within a specific amount of time, which is typically 3 to 5 years. In these proposals the debtor can make arrangements to pay either all or a portion of the amount owed. In many cases, individuals can prevent their homes from going into foreclosure, catch up on car payments, and even pay back taxes. When a person is wanting to file chapter 13 bankruptcy Cedar Rapids it is advised that they speak with an attorney who practices within the laws of bankruptcy. By hiring an attorney to represent their case, a person can feel at ease that all aspects of their case is being handled appropriately; all paperwork is filled out and filed correctly and nothing essential is left out of the bankruptcy.

There are several different benefits of using an attorney for chapter 13 bankruptcy The Law Offices of Kevin Ahrenholz Cedar Rapids, some of which include: protection against harassment from creditors and a complete overview and assessment of all of the client’s assets to ensure they will not be affect by the filing of bankruptcy. Making the decision to file bankruptcy is never an easy one, however, the process of opening and closing a bankruptcy case does not need to be a complicated one. Through the assistance of an attorney who practices in chapter 13 bankruptcy Cedar Rapids clients are able to complete this process and move forward in a positive way.


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