Chapter 13 Bankruptcy Lawyer Moline, IL
Our Chapter 13 bankruptcy lawyer Moline, IL relies on from Pioletti Pioletti & Nichols knows that when it comes time to file for bankruptcy, you may feel that you have hit rock bottom. We have worked with many clients who wish to get legal help when filing for bankruptcy and understand that this can be a difficult process for you emotionally. However, we firmly believe that you are doing the right thing by trying to get help so that you can have a better, more stable financial future. If you are interested in filing for Chapter 13 bankruptcy, don’t hesitate any longer to call us. We are here when you need us.
What is the process for filing for Chapter 13 bankruptcy?
Most people do not realize that before you can successfully begin the Chapter 13 bankruptcy process, you need to go through an approved credit counseling program. Once this has been completed, you will give the bankruptcy court certain information pertaining to filing for bankruptcy. Some of this information could be documents on:
- Your debt
- What your expenses are
- What your income is
- What kinds of property you own or assets you have
The court will appoint a trustee in place who will go over your paperwork, speak with your attorney, and get any extra paperwork they need. You will need to work with your Moline, Illinois Chapter 13 bankruptcy lawyer to create a repayment plan for your debt and submit this to the court. If they approve it, you have successfully gone through Chapter 13 bankruptcy.
I feel like I need to hide from creditors who keep harassing me. What will bankruptcy do?
We understand how bothersome and downright aggressive creditors can be. Luckily, once you apply for bankruptcy, creditors will not be able to pursue any further collection activities against you. This means that when the automatic stay is set in place, creditors will not be calling you nonstop or sending letters to try to collect their debt.
What if I miss a payment?
Missing a payment can mean that a creditor is able to pursue you for your debt. However, it is possible to re-establish that you can repay this debt or speak with the bankruptcy court about approving a new repayment plan. You will not be protected from creditors if you do not hold up your end of the deal when repaying your debts.
To see how our Chapter 13 bankruptcy lawyer in Moline, Illinois can help you, call our office now.