Reliable Chapter 13 Bankruptcy Attorney
Rice & Associates Law Firm: Serving the Community for 30 Years
Rice & Associates Law Firm is a reliable Chapter 13 bankruptcy attorney. The word “bankruptcy” may cause you to worry. It is easy to feel overwhelmed when dealing with large amounts of unpaid debt. However, there is a way to manage the debt and work toward financial freedom.
If you are facing large amounts of debt, whether from IRS issues, mortgage arrears, or others, Attorney Rice can help. Call today at (724) 225-7270 to schedule a consultation. Attorney Rice is available evenings and weekends, too.
Chapter 13 Bankruptcy Can Protect Your Assets
Chapter 13 bankruptcy allows individuals to create a three- to five-year payment plan to manage large amounts of debt. This plan can provide asset protection, helping you to avoid foreclosure and other stressful consequences. Chapter 13 bankruptcy covers unsecured debt, like credit cards, IRS payments, medical bills, and more. It often reduces ad sometimes eliminates payments altogether.
When discussing Chapter 13 bankruptcy, there is some information you will need to know. This can include amount of debt, creditors, property information, and monthly expenses. Rice & Associates Law Firm will discuss Chapter 13 as an option with you. Attorney Rice can help determine if it is the best path.
Understand the Repayment Guidelines for Chapter 13 Bankruptcy
Chapter 13 bankruptcy may be appealing due to its asset protection. However, there are some guidelines that debtors must meet in order to gain approval. These can include making the payment plan in good faith, and having a fair, realistic plan. Please note that the court can, in fact, change the repayment plan to better suit the creditors. This is why it is so important to have a reliable bankruptcy attorney on your side.
Rice & Associates Law Firm Serves All of Western Pennsylvania
Including Canonsburg, Washington, Waynesburg, and Surrounding Areas
Rice & Associates Law Firm: Experienced, reliable Chapter 13 bankruptcy attorney.