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Phone: 330-434-3000
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Akron, OH 44308
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If you are struggling with debt, filing for Chapter 13 bankruptcy is a powerful legal tool that can help you get your debt under control. For experienced Chapter 13 bankruptcy guidance in Akron, Medina and throughout Northeastern Ohio, people turn to Roderick Linton Belfance, LLP. We are dedicated to helping people put their debt problems behind them for good.
Filing for bankruptcy can seem confusing and overwhelming, and he is here to help you through it. One of your options is Chapter 13 bankruptcy.
With Chapter 13 bankruptcy, the individual or married couple may have a higher income or more assets than those who might qualify for Chapter 7 bankruptcy. It gives you tax debt relief, which is the ability to repay your taxes without penalties and interest. Chapter 13 will also help stop foreclosure and allows you to maintain control over all of your assets.
Chapter 13 focuses on reorganizing existing debt. It typically allows you to keep your home and your car while also working to catch up on other debts. You set up a repayment plan to pay creditors over a three- to five-year timeframe. The payments may only be a percentage of the outstanding debt – anywhere from 10% to the full amount. Once that timeframe has expired, your remaining debt will be discharged.
Our lawyers can help you determine if you meet the criteria for a Chapter 13 bankruptcy filing or if a Chapter 7 filing may be more suitable for your needs. The ultimate goal is to find the ideal resolution for your specific scenario.
Call our law offices today to set up a legal initial consultation to discuss your financial future. You can reach us online or by telephone at 330-434-3000 to speak with an experienced Ohio Chapter 13 bankruptcy lawyer.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship.
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