It can feel stressful and overwhelming to be juggling the demands of life on top of mounting debts. When your finances get out of control, it can feel like they will never get back to normal. Buying a house, dealing with mounting credit card debts, medical bills and more can all put unnecessary strain on your finances. When you can no longer make payments on these credits, it may seem like there is no way out. Fortunately, with the help of an experienced and knowledgeable bankruptcy attorney, you can explore your options and make your way towards financial freedom through a Chapter 13 bankruptcy. Rauser & Associates Legal Clinic in Toledo can help you through the process of bankruptcy.
Bankruptcy is a tool you can use with the help of your Toledo attorney to restructure your debts and get in control of your finances on your own terms. Call Rauser & Associates today for a consultation.
What is Chapter 13 Bankruptcy?
In Chapter 13 bankruptcy, some of your debts may be discharged, and the majority will be restructured. The centerpiece of a Chapter 13 bankruptcy is the restructuring of debts and the repayment plan. If you have a reliable income but are no longer able to keep up with your payments on important assets, such as your mortgage, Chapter 13 may be right for you. Your debts will be reconfigured and consolidated, and you will enter a repayment plan to pay back your creditors.
The benefits of Chapter 13 are that you get to keep your valuable assets while taking control of your own financial situation. The bankruptcy attorneys at Rauser & Associates Legal Clinic in Toledo can determine whether Chapter 13 is right for you and your future financial goals. Our lawyers are experienced in all areas of bankruptcy law and are committed to helping you get back on your feet.
Contact a Toledo Chapter 13 Bankruptcy Lawyer Today
If you are suffering under the weight of debts in Toledo and feel like there is nowhere to turn, call Rauser & Associates. It’s time to get away from the stress and overwhelm of unpaid debts and get your financial life back in order. Call Rauser & Associates in Toledo to start your Chapter 13 bankruptcy.