What Services Do Chapter 13 Bankruptcy Lawyers Provide?

In the year 2020, there were 117,784 cases filed under Chapter 13 bankruptcy, accounting for 27% of all bankruptcy filings. Chapter 13 bankruptcy is designed to help individuals restructure their debts and create a manageable repayment plan. Hiring a Chapter 13 bankruptcy lawyer is crucial for navigating this complex process.

In this blog, you will learn about the various services provided by these bankruptcy lawyers. These services include evaluating your financial situation, preparing and filing necessary paperwork, representing you in court, and much more.

10 Key Services Provided by Chapter 13 Bankruptcy Lawyers

• Evaluating Financial Situation

A Chapter 13 bankruptcy attorney will start by assessing your financial situation. They will review your income, expenses, assets, and debts to determine if Chapter 13 is the best option for you.

• Creating a Repayment Plan

The lawyer will help you develop a feasible repayment plan. This plan reorganizes your debts and sets a schedule for paying them off over three to five years.

• Filing the Bankruptcy Petition

Filing for Chapter 13 involves a lot of paperwork. Your lawyer will prepare and file the bankruptcy petition, schedules, and other required documents with the court.

• Automatic Stay Protection

Once the petition is filed, an automatic stay goes into effect. This stops creditors from pursuing collection actions, giving you relief from lawsuits, wage garnishments, and harassing phone calls.

• Representation at Court Hearings

Your lawyer will represent you at all necessary court hearings, including the meeting of creditors (341 meeting) and the plan confirmation hearing.

• Negotiating with Creditors

Lawyers negotiate with your creditors to reach agreements on how debts will be repaid under the Chapter 13 plan, ensuring terms that are manageable for you.

• Adjusting the Repayment Plan

If your financial situation changes, your lawyer can help you modify the repayment plan. This can include adjusting payment amounts or extending the repayment period.

• Ensuring Compliance

Throughout the repayment period, your lawyer will ensure you comply with the court's requirements and the terms of the repayment plan to avoid dismissal of your case.

• Post-Bankruptcy Guidance

After completing the repayment plan, your lawyer can provide advice on rebuilding your credit and managing your finances to avoid future debt problems.

• Handling Objections and Legal Challenges

If creditors object to your repayment plan or any other issues arise, your lawyer will handle these legal challenges, advocating for your interests in court.

Conclusion

Chapter 13 bankruptcy lawyers play a crucial role in guiding you through the bankruptcy process, from evaluating your financial situation to representing you in court. Their expertise ensures that you can navigate this complex process smoothly and achieve a fresh financial start.

The Law Office of Brian Juran specializes in Chapter 13 bankruptcy cases and offers comprehensive services to help you manage your debt. Visit their official website to learn more about how they can assist you in achieving financial stability.

Company name - Kingston Bankruptcy Attorney

GMB Location- https://maps.app.goo.gl/6FauEaoBrycrDJ2YA

Address- 654 Aaron Court Kingston, New York

Phone - +1-8453394313

Website - https://kingstonbankruptcyattorney.com/