Previously, this blog discussed some of the drawbacks of Chapter 13 bankruptcy. We hope that you found it informative and helpful as you try to figure out how best to deal with your overwhelming burden. Regardless of which approach you choose, Chapter 13 or Chapter 7 bankruptcy, you need to ensure that you are taking all the steps you need to in order to successfully navigate your bankruptcy plan. If you fail to do so, then you could be at risk of a failed bankruptcy, meaning you will not be able to obtain the debt relief you seek.
This is why the legal team at the Frankfort Law Group ensures that its clients fully understand their personal bankruptcy options and how best to work through their bankruptcy plans. We also aggressively advocate for our clients when they are accused of straying from their repayment plan or lying on their bankruptcy petition.
Additionally, our firm diligently works to ensure that all bankruptcy protections are put into place as quickly as possible. This includes stopping foreclosure, ending collection processes and bringing creditor harassment to a halt. Should anybody or any company refuse to abide by these protections, then we can step in to fight back.
Ultimately, the decision of how to resolve your debt issues is up to you. However, by obtaining more information and a strong legal advocate, you can position yourself to hopefully reach a resolution that leaves you with the fresh financial start you deserve. To learn more about our firm and how we may be of assistance, please check out our website.