Debt Relief Services: Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a debt restructuring bankruptcy designed to allow people to pay their debts within a manageable time frame. Filing for Chapter 13 bankruptcy can help a person protect his or her assets while still gaining additional time to pay debts. A Chapter 13 bankruptcy can be particularly helpful for people who may be at risk of home foreclosure.
If you need to learn more about Chapter 13 bankruptcy and its alternatives, the Law Office of Pernell W. McGuire can help. At our office in Flagstaff, Arizona, we represent people and businesses in a wide range of bankruptcy and debt relief issues. We offer services to help people struggling with unmanageable debt.
Although the results of a case will vary depending on the individual facts and circumstances, a Chapter 13 bankruptcy may be able to help you to:
- Stop creditor harassment
- Prevent a home foreclosure
- Prevent asset seizure
- Prevent a car repossession
- Stop a wage garnishment
- Receive a court-approved payment plan to pay debts gradually
There are significant differences between a Chapter 13 bankruptcy and a Chapter 7 bankruptcy. A Chapter 13 bankruptcy, if approved by a bankruptcy court judge, will result in a payment plan and restructuring of debts. A Chapter 7 bankruptcy will result in the elimination or reduction of debts that are dischargeable by federal bankruptcy laws. A Chapter 7 bankruptcy, however, results in the liquidation of assets and property not exempted by bankruptcy laws.
When people or businesses retain our office, we help them determine if bankruptcy is right for them. In some cases, there are alternatives to bankruptcy that are a better solution for a person or business. If bankruptcy is appropriate, we help clients determine what type of bankruptcy is best for their financial situation.
Creditor Services
In addition to our debt relief services, our firm provides a variety of services for the benefit of creditors. We assist individuals, professionals, businesses and financial institutions in the collection of debts. Our creditor services include assistance with replevin, foreclosure, collections and motions to lift stay.
Contact Us
For quality legal service for any debtor/creditor need, call the Law Office of Pernell W. McGuire at 928-779-1173 or contact us by e-mail.
Law Office of Pernell W. McGuire, PLLC
528 W. Aspen Ave
Flagstaff, AZ 86001
2177 E. Warner Rd, Ste. 101
Tempe, AZ 85284