Miami Chapter 13 Bankruptcy Attorney Alberto H. Hernandez
If you are overwhelmed with debt because your payments are outpacing your income and you are worried about the possibility of losing your home and property call us today!
Many people worry about the long-term credit problems and other negative effects of filing for bankruptcy but the fact is in many cases bankruptcy is the valuable option at your disposal.
Chapter 13 bankruptcy may be able to stop foreclosure and repossessions - and get you out of debt within 5 years with limited negative effect on your credit and without the loss of property. Deciding whether to file for bankruptcy is an important decision that without proper legal consul could have prolonged devastating effect on your credit and your ability to get credit. It is also important to point out that bankruptcy protection is not your only option, but it is one of many legal remedies available to you.
As an attorney with more than 20 Years experience in debtor-creditor law, I help people find practical legal solutions to overwhelming debt problems. Together we can decide if chapter-13 bankruptcy is the best option for your particular circumstances and help you begin the process of taking control of your debts. For a free consultation with an experience chapter 13-bankruptcy attorney in Miami, contact our office today.
Hire an Experienced Chapter 13 Bankruptcy Lawyer in Miami
Chapter 13 bankruptcy is often referred to as debt reorganization or "wage earner" plans because is sets in place protocols that allow individuals whose debt is outpacing their financial obligations a way to get caught up. Under the chapter 13 bankruptcy protection, the court will look at your income, reasonable living expenses, and total debt and set up an extended debt repayment plan. Chapter 13 bankruptcy repayments plans can go for up to 5 years and will reduce your repayment interest rate with no creditor penalties. With a chapter 13 bankruptcy, repayment plan you may even include money owed to the IRS for old tax bills to be paid off at a lower interest rate. Even more importantly, if your total debt exceeds what you can afford to pay in 5 years, the rest of your debt is eliminated.
Stop Foreclosure today by filing for Chapter 13 Bankruptcy Protection
Chapter 13 bankruptcy is a legal tool that few truly understand. For example, a chapter 13 bankruptcy protection filing offers you the best chance to stop foreclosure, wage garnishment and repossession. If you took out a second mortgage on your home and now find yourself "upside down" because home values have dropped, you may be able to repay or eliminate your second mortgage through chapter 13 with minimum or no consequences to your credit score.
That said, chapter 13 is not for everyone, and this is something we analyze during our free consultation. For many individuals and families, filing for chapter 13-bankruptcy protection can provide a practical way to pay off their debts and keep their homes while they get back on track. Call us today for a free consultation with an experience chapter 13 bankruptcy attorney in Miami.