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If you are filing bankruptcy in Tacoma, read this infographic to learn about how does chapter 13 bankruptcy work and know how our bankruptcy attorney in Tacoma can help you. For more information call us at 253-343-1944.
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CHAPTER 13 BANKRUPTCY ATTORNEY TACOMA How Does Chapter 13 Bankruptcy Work? After another month or two, the moneylender usually commences high-level adverse proceedings, such as repossession or foreclosure. You may have the means to catch up on these payments but just need a little extra time. Qualifying for Chapter 13 Bankruptcy This type of bankruptcy is ideal for people who are behind on secured debts yet want to retain the collateral. To take advantage of this program, debtors must meet a few qualifications. Unsecured Debt Amount: Debtors must have less than $307,675 in credit cards, medical bills, and other unsecured debts. Secured Debt Amount: If debtors have more than $922,975 in secured debts, they are probably not eligible for bankruptcy Chapter 13. Prior Discharge: You cannot receive a discharge in a Chapter 13 case if you have received a discharge in a Chapter 7 case filed within the last four years. Contact Chapter 13 Bankruptcy Attorney Get the fresh start you and your family deserve. Contact Tacoma WA Chapter 13 bankruptcy attorney Tom McAvity today by calling Northwest Debt Relief Law Firm. Northwest Debt Relief Law Firm 1201 Pacific Ave #600, Tacoma, WA 98402, USA 253-343-1944 info@tacoma-bankruptcyattorney.net nwdrlf.com