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.