Chapter 13 Debt Consolidation
- Chapter 13 bankruptcy is often referred to as "debt reorganization." This is because a Chapter 13 bankruptcy requires some repayment of your debts; it does not simply wipe them out the way a Chapter 7 bankruptcy does. Chapter 13 bankruptcy also provides a way to protect and retain assets.
Ann Arbor Debt Relief Attorney
If you wonder whether bankruptcy is the answer to your financial dilemmas when debt overwhelms you or you face foreclosure, seek early advice from an experienced bankruptcy attorney. Marrs & Terry, PLLC, offers individualized counsel and representation in Chapter 7 and Chapter 13 bankruptcy. Contact our law firm online to learn how we can help – you can also call us toll-free at (866) 665-8095.
Most people contemplating bankruptcy wonder whether bankruptcy alternatives exist that would provide similar relief and hope without the constraints and stigma of bankruptcy. We are more than happy to discuss credit counseling and debt management as options.
We also believe we stand out among bankruptcy law firms in the way we help people strip second mortgages when approaching foreclosure and/or Chapter 13 bankruptcy. You may be surprised how effectively we can show you the way to debt relief through Chapter 13 bankruptcy if it is the right solution for your situation.
If you hesitate to file bankruptcy for any of the following reasons, please know that you are not alone, and that we can help you face these issues head-on:
- You worry about whether you will be able to keep your home, your car and other assets.
- You worry about the stigma associated with bankruptcy.
- You worry about your credit record and rebuilding your credit after bankruptcy.
- You wonder if Chapter 13 bankruptcy will mean that you will have no financial leeway during your repayment period, which varies from 3 to 5 years.
Our attorneys have helped many Michiganites deal with these and other concerns about bankruptcy to their satisfaction. If you are unable to pay your debts, filing Chapter 13 bankruptcy may be the most responsible, promising way forward and beyond your financial difficulties. We are well-qualified to help you with all aspects of your Chapter 13 bankruptcy.
If you have medical bills, credit card bills, consumer debt such as car loans or mortgage payments in arrears that you cannot repay, please talk to us about Chapter 13 bankruptcy. Stop creditors' calls. Stop wage garnishment. Save your home. Contact us to discuss your serious money problems. Choose your lawyer carefully. Get a second opinion if you want to confirm the advice of the first attorney that you talk to. You can also call us at (866) 665-8095.
