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Read this PPT to know about chapter 13 bankruptcy lawyers in Tacoma at Northwest Debt Relief Law Firm.
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How Does Chapter 13 Bankruptcy Work? Often through no fault of their own, many people fall behind on secured debt payments, like a home mortgage or a car payment. In most cases, the bank will begin low-level adverse proceedings after a month or two, such as constant phone calls. After one or two month, the moneylender usually commences high-level adverse proceedings. You may have the means to catch up on these payments but just need a little extra time. If that’s the case, Chapter 13 bankruptcy is a federally-backed repayment plan that gives you up to five years to bring these accounts current.
Qualifying for Chapter 13 Bankruptcy To take benefit of this program, debtors must meet a few qualifications.
Contact Us 1201 Pacific Ave #600 Tacoma, WA 98402, USA 253-343-1944 info@tacoma-bankruptcyattorney.net tacoma-bankruptcyattorney.net