Orange County Chapter 13 Bankruptcy Attorney

Filing Chapter 13 Bankruptcy in Orange County?

When an individual is in the position where they are facing crushing debt, and need to take action, but must protect their assets, a Chapter 13 bankruptcy may be the correct legal move.  This form of bankruptcy is very helpful to those who are making income but have huge back debts that they are unable to pay.   When facing a foreclosure on your home or the repossession of your vehicles, this type of bankruptcy may give you the relief you need.  If you are considering this legal action, it is crucial that you contact an Orange County Chapter 13 bankruptcy attorney to assist you.

Chapter 13 Bankruptcy Lawyer in Orange County - Joseph M. Tosti

If an individual does not qualify for a Chapter 7 bankruptcy, Chapter 13 could be the best solution.  This will give you the opportunity to pay off your debt over a period of time, usually 3 - 5 years.  Creditor calls will stop and foreclosure proceedings on your home will be immediately stopped.  You can choose to pay off back mortgage payments over time, or you may choose to surrender the property and be released of the debt.   The loans can also be put into the Chapter 13 bankruptcy to have the debt restructured so that it is affordable, based on your real income.  Some individuals have had payments that are as low as $250 per month to handle the back payments on debts.  Each case is carefully reviewed and an affordable arrangement will be arranged.  You then are able to move forward with your life.  In fact, it will be against the law for any creditor to contact you for collection attempts, even by phone during a Chapter 13 bankruptcy. 

About 30 days after the filing of Chapter 13, you will be required to make an appearance in front of a court-appointed trustee and a judge.  At this appearance, the trustee and the judge will ensure that you fully understand what payments must be made, and that you have the ability to make them.  Once you have successfully completed all the payments, the court will enter a discharge order and you will relieve you of the liability of those debts.

A Chapter 13 bankruptcy may save you from financial ruin.  However, it is critical to choose a skilled bankruptcy attorney who will take the time to fully review and evaluate your situation before moving forward.  At the Law Offices of Joseph M. Tosti, the legal team is dedicated to the clients' best interests, and provides personalized service and attention, with affordable rates.  As each case is unique, the cost for your individual Chapter 13 bankruptcy can be provided to you upon a review of your situation.  A free initial consultation is offered by the legal team at the Law Offices of Joseph M. Tosti.

Contact an Orange County Chapter 13 Bankruptcy Attorney from the Law Offices of Joseph M. Tosti today!