Many people are unaware that not all bankruptcy petitions are liquidation plans. If you have gainful employment and your assets outweigh the debt you owe, we can help you with a petition for Chapter 13. Unlike Chapter 7, this option helps reorganize your debt under more reasonable interest rates so that you can responsibly pay off your debt in full over a period of three to five years. It also does not hurt your credit as much as liquidation plans.
Once we’ve determined that this is the right course of action for you, we can help you fill out and file your petition with the federal courts. At your 341 creditors meeting, we will strongly advocate for a payment plan that we’ve created to help you get your finances back on track. We’ll resolve disputes and, if necessary, represent your case in court with compelling litigation. After a successful petition, we can also provide ongoing guidance as you pay off your debts and work towards a more stable financial future.
For a solution that helps you maintain ownership over your most important assets and property, consider Fergus Falls Chapter 13 bankruptcy with a lawyer from The Ahlgren Law Office, PLLC today. We provide free initial consultations to get you started and have flexible appointment availability for your convenience. Payment plans are available for legal services too. Call us today to find out more.