Our Client’s Chapter 13 Bankruptcy Experience
We had a client who was scared of filing bankruptcy because they didn’t want to lose their home. During the initial consultation, it was clear that they knew that filing bankruptcy is the solution to their debt problems. But they were behind on mortgage payments and didn’t know if they’ll be able to stop foreclosure if they filed bankruptcy. I told our client that we’ll take care of them and that they won’t lose their home. And guess what? They didn’t.
We walked them through the steps of the bankruptcy process, so they know what’s going on and have an idea of what to expect next. We were able to quickly prepare and file their bankruptcy petition to court. Within a week, our client felt secured knowing that their home was saved, and they even got to keep their car. The automatic stay also prevented debt collectors from calling and allowed them to achieve some peace.
We guided them throughout the Chapter 13 bankruptcy process and negotiated with creditors to come up with a debt repayment plan that works for our client. It took several negotiations, but we were able to arrive at a payment plan that was affordable for our client and acceptable for their creditors. Our client got their plan approved in the confirmatory hearing, and are now current on their mortgage payments and well on their way to completing the Chapter 13 repayment claim and receiving their bankruptcy discharge.
If you’re looking for debt relief, filing bankruptcy may be the answer you’re looking for. Contact our office to schedule your free initial consultation and get started with your bankruptcy case.