Bankruptcy Attorney in Modesto, California
Overcoming Debt and Rebuilding Your Credit with Chapter 13 Bankruptcy
Many hard-working people find themselves overwhelmed by debts and overdue bills. Fortunately for them, there may be a solution. The bankruptcy laws were created to give people second chances and fresh financial starts.
For more than 25 years, Modesto bankruptcy attorney Thomas Hogan has been helping individuals and businesses in the San Joaquin and Central Valleys obtain debt relief through the bankruptcy process. He understands the legal system and how to help his clients take advantage of the opportunities the law provides.
Call 209-409-3103 or contact Mr. Hogan online to arrange a free half-hour consultation. It could the first step to a better life for you and your family.
Chapter 13 Bankruptcy for Individuals and Small Business Owners
Chapter 13 bankruptcy is for people with incomes above the median level for families in their area, who have significant assets they want to keep, such as homes or small businesses. If your income is at or below the median, you may qualify for Chapter 7 bankruptcy. Mr. Hogan will review your financial situation and advise you on which filing option is best for you.
There are a number of benefits of filing for Chapter 13 bankruptcy:
- It immediately stops creditor harassment as well as wage garnishment and bank account seizure.
- It temporarily stops foreclosure proceedings so you have time to seek a loan modification of your home or reaffirm your mortgage in order to keep your home.
- It reduces or eliminates fees and fines from your credit cards and other unsecured debt, and often reduces the amount of your debt, giving you the opportunity to finally pay off credit card bills.
- It temporarily stops the repossession of your car and other assets, giving you time to catch up.
What Is a Chapter 13 Bankruptcy?
Chapter 13 is a debt repayment plan. Mr. Hogan will work with your creditors to eliminate and reduce your debts to the greatest degree possible. Then you will enter into a three to five-year plan of repayment. At the end of your repayment plan, any debt remaining is discharged. If you successfully complete the program you will find that your credit rating has steadily improved.
Contact a Chapter 13 Bankruptcy Lawyer
Mr. Hogan has helped thousands of people like you get debt relief and new financial starts. He will carefully review your situation and provide experienced legal counsel on all the options available to you for debt reduction and keeping your home.
For a free half-hour consultation with the Law Office of Thomas P. Hogan, call 209-409-3103 or send the firm an e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
