Experienced Chapter 13 Bankruptcy Lawyer
Chapter 13 can be a good debt relief option for people who have a steady income, but just can't keep up with their monthly bills. Also referred to as a wage earner plan, Chapter 13 is a type of debt reorganization that allows you to repay your debt over a three- to five-year period according to a court-approved repayment plan, often at more favorable rates and a lower principal designed to fit into your budget.
Proper filing of a Chapter 13 petition can be complicated, and the assistance of an experienced bankruptcy attorney can help to ensure that the entire process goes smoothly. At the North Charleston, South Carolina, based Steadman Law Firm, P.A., we will work with you to gather all the appropriate information and complete all the necessary forms for the petition, and to help you devise a preliminary repayment plan.
Getting Back on the Right Track
There are some distinct advantages to filing for Chapter 13 bankruptcy. Unlike Chapter 7 bankruptcy, you do not risk losing any of your property in a Chapter 13 filing. In addition, filing for bankruptcy under any chapter creates an automatic stay against any further collection activity from your creditors. This means that you won't receive any more harassing phone calls or letters and any foreclosure or repossession action will be ordered to stop immediately upon filing of the case.
Our firm's founding attorney, Richard A. Steadman, Jr., has been practicing law for over 25 years. We are proud of our reputation for providing personalized service to every client. We will take the time to fully understand your needs and goals before we recommend a specific debt relief solution.
Call to Schedule Your Initial Consultation
Contact our office today to discuss your Chapter 13 bankruptcy questions. We are available during regular business hours and by appointment at other times. For your convenience, we offer payment plans for our clients who need them.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
