Debt Relief Strategies: How a Chapter 13 Attorney Can Chart Your Financial Comeback

Filing Chapter 13 bankruptcy can feel overwhelming or like admitting financial defeat. However, that doesn’t have to be the case. If you team up with an experienced Chapter 13 attorney, you can return from your bankruptcy filing stronger and more financially secure than you were. Here are some top ways a talented attorney can help you reach your financial comeback.

Expertise

No matter how much time you spend researching the bankruptcy process online, you won’t have the expertise of a trained Chapter 13 attorney. Having their guidance through the process is necessary to ensure all your paperwork is filed correctly and that you’re best represented in your court case. Their knowledge will keep you compliant and ensure you follow the process correctly, giving you the best results.

Protection

Having a Chapter 13 attorney on your side can give you extra protection from creditors and debt collectors. When you file Chapter 13 bankruptcy, you’re protected from these agencies, but they can still challenge your bankruptcy in an attempt to get their money from you. Your attorney will advocate for you and increase your chances of an agreed-upon positive solution, which can help your financial outlook on the other side of your case.

Knowledge of Exemptions

When you file Chapter 13, some exemptions can be filed to allow you to lower your monthly payments in your debt consolidation plan. Having an experienced attorney on your side during the filing will ensure you have the best chance of earning the exemptions you can qualify for. Your lawyer will make sure your assets are valued correctly, which can lower your expected monthly payment. A lower payment will set you up for better success once your case is complete.

Fewer Mistakes

If you make mistakes during your Chapter 13 case, it can lead to delays, extra expenses, and even an outright dismissal of your petition. Working with an expert attorney can help ensure your paperwork is filed correctly and promptly, minimizing the chances of these costly blunders. Time and money are crucial in your case, and your attorney will respect your needs and avoid errors that cost you.

Long-Term Benefits

Bankruptcy can cause short-term hits on your credit report, but it also can give you the chance to start over financially. When you work with a bankruptcy attorney, they’ll make sure your case is designed to benefit you as much as possible in the long term. They can give you tips on rebuilding your credit, managing your finances, and making better money decisions once your bankruptcy filing has been completed.

DeLuca & Associates Can Help

If you’re considering filing Chapter 13 bankruptcy, don’t approach it alone. The team at DeLuca & Associates is here to help you through every step. We’ve helped thousands of Nevada residents through bankruptcy cases and want to do the same for you. Contact us today for your free consultation and see how we can help you get out of debt and start your financial comeback.