When you get behind on your bills, creditor harassment adds to the stress of your financial situation. If you are unemployed, behind on mortgage or car payments, have past due medical bills, back taxes, or find that you have to borrow money to make payments on your debts, bankruptcy may offer a solution to your problem. Joseph I. Wittman, attorney at law, provides debt help to clients in Topeka, KS and surrounding areas.
Situations such as job loss, excessive medical bills, and other serious problems can lead to an inability to pay debts. Chapter 7 bankruptcy allows for the discharge of debts for situations in which there is not sufficient income to pay creditors. Those without a source of regular income or far less than is needed to meet their financial obligations may find relief under chapter 7.
If you are facing foreclosure and seeking assistance from a foreclosure lawyer, chapter 13 bankruptcy may be the right choice for your situation. This type of bankruptcy protection offers flexibility in dealing with creditors, you won’t have to pay all claims, and you can cure mortgage arrearage and pay less for your car. Under a repayment plan that is designed to fit your income, you will pay a portion of your debt and have the rest discharged.
Each situation is unique and requires a different approach for effective debt relief. Let our bankruptcy attorney assess your situation and determine whether bankruptcy is appropriate for you. You can read more about our services in the Topeka, KS area and get bankruptcy answers on this website. For additional information and to schedule a consultation with our attorney, please contact our office at 785-234-3663.