Bankruptcy Attorney serving clients in Mesa, Arizona
Why should you consider Chapter 13 bankruptcy? Chapter 13 bankruptcy offers you the opportunity to manage your debts while keeping your property. If you are behind on your mortgage loan, other secured loan, or car loan, Chapter 13 is an option.
My AZ Lawyers, PLLC attorneys will help you to determine if bankruptcy is the best option for your financial issues, and if Chapter 13 bankruptcy is right for you. My AZ Lawyers helps residents of Mesa, Arizona keep their homes while providing debt relief.
Known as a “wage earner’s plan,” Chapter 13 allows people to pay all or part of their debts over a period of time. If you earn a steady income, this is one debt relief alternative that will immediately stop creditor actions like vehicle repossessions and foreclosures. In addition, Chapter 13 includes a proposed payment plan to the bankruptcy court. Depending on the debt, the plan could last between three and five years.
If you owe more than your house is worth (“upside down on your mortgage”), Chapter 13 has the ability to strip second mortgages. Also, the filing will eliminate any second mortgage on the home if the house is your residence and you have no equity in the house.
Contact My AZ Lawyers for a FREE CONSULTATION If you have fallen behind on a home loan payment or other types of debt, and just need a chance to catch up and reorganize the debt, as Chapter 13 may be an option for you.
With affordable rates, payment plans and “file now, pay later” options, My AZ Lawyers is “affordable legal help for AZ”. Our attorneys are experts in Chapter 13 bankruptcy. We can help you to attain your financial success and debt relief goals.