Idaho Falls Chapter 13 Bankruptcy Attorney
Providing Debt Relief & Foreclosure Defense Since 1985
Through Chapter 13 bankruptcy, you can resolve your debts by implementing
a reorganized payment plan, one that lasts three to five years or so.
This can enable you to keep your house and property and emerge debt free.
This is not a legal process that you can undertake alone, however. At
our firm, an Idaho Falls Chapter 13 bankruptcy lawyer can deliver the
counsel and representation you need for this vital, complicated process.
Why choose the law office of Steven L. Wetzel, P.A.?
- Our representation is backed by decades of experience.
We offer a
free initial consultation to all clients.
- Our lead counsel is backed by a degree in Finance
- We deliver personal, one-on-one attention
With our law office, you can depend on receiving the quality guidance and
personalized advocacy that can only come from a client-dedicated attorney.
When your finances and future are at stake, we are committed to helping
you pursue the tailored solution that can help you achieve lasting results.
Find out how our
Idaho Falls bankruptcy lawyer can help you toward financial freedom!
See if you qualify, and if this process is right for you.
Call our Idaho Falls Chapter 13 bankruptcy lawyer today!
How Chapter 13 Bankruptcy Works in Idaho Falls
Before embarking on this process, you have to determine whether or not
you are eligible to file for Chapter 13 bankruptcy. It may be that your
situation is better suited to the faster
Chapter 7 debt discharge.
Who qualifies for Chapter 13? Some of the requirements include:
- Filing as an individual; a business cannot file for this protection
- Unsecured debts must total less than $383,175
- Secured debt must be under $1,149,525
- A bankruptcy petition was not dismissed 180 days prior
If you meet the above requirements, then Chapter 13 protection might be
right for you. It will take paying a filing fee to file the initial paperwork,
a bankruptcy trustee will be appointed to oversee your case, and the automatic
stay will go into effect.
About the Automatic Stay
One of the most powerful benefits of Chapter 13 bankruptcy is the automatic
stay that can
stop debt collection in its tracks. This means that wage garnishment can end, creditor phone calls end, and
foreclosure may even be paused.
This automatic stay is in place for as long as the bankruptcy process,
likely three to five years. In this time, through your Chapter 13 repayment
plan, you could be able to repay most if not all your debt. This could
include mortgage arrears, for example. Through the automatic stay and
the Chapter 13 plan, you could be able to not only put debt collection
and foreclosure on pause, but you might be able to end it for good.
Call (208) 278-1196 to Speak with Our Chapter 13 Lawyer
At the law office of Steven L. Wetzel, P.A., you can find decades of proven
financial and legal insights. With our commitment to one-on-one interaction
and tireless representation, you can be assured that we will do our utmost
to help you successfully navigate the Chapter 13 bankruptcy process.
Don't hesitate to schedule your
free consultation today! We are ready to discuss your personalized options for lasting debt relief.
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