Raleigh Chapter 13 Bankruptcy Attorneys

Millions of Americans find themselves in dire financial straits every year for a variety of reasons, and for many of those looking for relief, a Raleigh Chapter 13 bankruptcy lawyer can help them find an effective way to emerge from debt and secure a fresh financial start. For individuals or families looking to file for bankruptcy, many find that Chapter 13 bankruptcy provides an ideal opportunity for debt relief.

If you are interested in Chapter 13 bankruptcy, it is important that you consult with a legal professional.  The Raleigh Chapter 13 bankruptcy lawyers at the Bradford Law Offices, PLLC have years of experience with bankruptcy law, and all of our clients will benefit from being able to work directly with Mr. Bradford on their cases.  To schedule an initial consultation, or to learn more about what our dedicated team can do to help you, call our offices today at (919) 758-8879.

How Chapter 13 Bankruptcy Works

Chapter 13 bankruptcy allows debtors to work with a financial planner and legal team to come up with a repayment plan that better suits their financial situation.  By consolidating some debts and re-organizing others, most debtors are able to pay off their debts over the course of 3-5 years.

At the Bradford Law Offices, PLLC, we are prepared to help individuals better understand how Chapter 13 bankruptcy can help them and provide them with more information on:

Facing unmanageable debt can be confusing and overwhelming, but fortunately, help is available. To learn more about the debt relief options available to you and what you can do today to take control of your financial future, contact our experienced Raleigh Chapter 13 bankruptcy lawyers.

Contact Us

At the Bradford Law Offices, PLLC, our Raleigh Chapter 13 bankruptcy lawyers know how frustrating it can be to take on your financial difficulties alone.  That’s why our team is dedicated to helping you find a solution to your financial problems as quickly and easily as possible.  Contact our office at (919) 758-8879 to learn more about Chapter 13 bankruptcy and what we can do to help you.

Chapter 13 Bankruptcy FAQs

Who qualifies for Chapter 13 Bankruptcy?

Corporations and partnerships cannot file for bankruptcy under Chapter 13, though most other individuals whose debt amount meets certain requirements are eligible to file for Chapter 13 Bankruptcy. To meet these requirements, an individual’s debt cannot exceed $394,725 in unsecured debts—those that do not have any collateral taken to secure against non-payment—and cannot exceed $1,184,200 in secured debts—those where the borrower has offered up assets as collateral. Additionally, anyone filing for any bankruptcy chapter must first receive credit counseling from a reputable source within 180 days of filing. Bankruptcy can be complicated, and the qualified Raleigh Chapter 13 Bankruptcy Attorneys are here to help.

Can filing for Chapter 13 Bankruptcy stop my home from being foreclosed?

Yes, in certain cases, filing for Chapter 13 Bankruptcy can stop your home from being foreclosed. This is because when you file for Chapter 13, you are granted an automatic stay for all of your debts, including mortgage debts, which prevents creditors from continuing collection efforts. In order to continue stopping the foreclosure of your home, you must continue to make mortgage payments and keep current on past payments you may have missed. In most cases, you will continue to pay your mortgage lender directly, though in some cases you may have to make these payments through the Chapter 13 plan, which may require you to pay more in fees to the trustee of your case. If you have any additional questions about Chapter 13 and foreclosure, please contact Bradford Law Offices, PLLC at (919) 758-8879 today for more information.

How do I get discharged from Chapter 13 Bankruptcy?

Chapter 13 Bankruptcy discharges are complicated processes and usually require the help of a qualified bankruptcy attorney. A discharge frees the debtor for all of their debts provided for by the Chapter 13 plan and usually occurs after the debtor has repaid all of their debts under the Chapter 13 plan and if they meet a set of additional requirements. These requirements include ensuring that all domestic support obligations have been fulfilled, ensuring the debtor has not received a different bankruptcy discharge within a certain time frame and ensuring the debtor has taken a financial management course. If you have any additional questions concerning Chapter 13 Bankruptcy discharges, please contact Bradford Law Offices, PLLC at (919) 758-8879 today.