Orange County Bankruptcy Attorney

Chapter 13 Bankruptcy

When an individual is making a paycheck, either as an employee or self-employed, but are overwhelmed with debt you cannot pay, you may be a candidate Chapter 13 bankruptcy.  If you are considering filing Chapter 13, it is vital that you contact an Orange County bankruptcy attorney.  Many people do not qualify for Chapter 7, due to their income or assets.   In Chapter 13 bankruptcy, you are given the opportunity to pay off back debt over time, usually three to five years.  This can include back mortgage payments, if you are facing foreclosure.  The bankruptcy filing also will halt collection actions by creditors while the bankruptcy is making its way through the process, which will take several months.  During that time, you may have the opportunity to do a loan modification to make your mortgage payments more reasonable.  Both Chapter 13 bankruptcy filings as well as loan modifications are handled by the attorneys at the Law Office of J. Arthur Roberts.

Bankruptcy Lawyer in Orange County

Bankruptcy filings are difficult and complex.  The forms must be filled in accurately and completely.  The last thing that you need is to be denied the right to file Chapter 13 due to filing incorrect paperwork.  It is crucial that you have the help of a qualified bankruptcy attorney to assist you and ensure that the filing is done correctly.  Chapter 13 can be a very good option for those who have too much debt to handle, but have a co-signer on their house, as the co-signer is better protected with Chapter 13.

When you are facing too much debt to handle, but still have a job and a paycheck, Chapter 13 bankruptcy may be the right legal option for you.  However, you will want to discuss your case with a bankruptcy lawyer from the Law Offices of J. Arthur Roberts.  Often it is discovered that there are other options than bankruptcy that solve your financial problems, such as a loan modification.  However, in many cases, Chapter 13 is the best legal option to solve the problem and get your financial future back on track.

Contact an Orange County bankruptcy lawyer from the Law Offices of J. Arthur Roberts when you need assistance in filing Chapter 13 bankruptcy or other debt relief options.