Advanced Debt Relief Through Chapter 13
Individuals or families above Colorado's median income or those who wish to retain possession of their homes or other non-exempt property may not qualify for Chapter 7 bankruptcy. There are still options for finding relief from overwhelming debt including Chapter 13 bankruptcy. The Chapter 13 bankruptcy process allows for the creation of an affordable payment plan, lasting 3-5 years, that provides the opportunity to catch up on past due debts while retaining many of your most treasured possessions.
Knowledgeable on the Chapter 13 bankruptcy process, The Adams Law Firm LLC offers comprehensive guidance to clients throughout Colorado and the Denver area who wish to stop foreclosure, end creditor harassment or simply complete an affordable debt repayment plan. Attorney Jared Adams offers personal and driven representation during the Chapter 13 bankruptcy process.
To schedule a free initial consultation to discuss your Chapter 13 bankruptcy needs with attorney Jared Adams, contact his office online or call 720-381-3168 or toll free 888-858-2134.
Why Chapter 13?
Chapter 13 bankruptcy is an effective debt relief strategy for individuals and families who:
- Own a home and are in danger of being foreclosed upon
- Are behind on debt but have the income necessary catch up
- Own valuable property that is not exempt from the bankruptcy process
Chapter 13 bankruptcy puts an end to foreclosure proceedings and the harassing calls from creditors while allowing you to keep some property that Chapter 7 bankruptcy does not allow you to keep.
How Does Chapter 13 Work?
Provided that your family has sufficient income, the Chapter 13 bankruptcy process allows for the creation of a structured debt repayment plan. The process offers the convenience of one payment per month, to be distributed to your creditors and lenders by a bankruptcy trustee, allowing you to focus on rebuilding your financial standing.
Following successful completion of the repayment plan, your remaining debt is discharged, giving you the fresh start you need to rebuild your credit.
Do I Need Legal Counsel to File?
The Chapter 13 bankruptcy process involves great discovery and negotiation between creditors and filers. Having a lawyer on your side can help the complicated process run smoothly, helping you find the relief you need as quickly as possible.
Contact attorney Adams to schedule your free consultation. Call 720-381-3168 or toll free 888-858-2134 today.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
