Modesto Consumer Bankruptcy Lawyer
Chapter 7 and Chapter 13 bankruptcy are the two most common methods that consumers choose when they are seeking debt relief through bankruptcy. Both are sound solutions for resolving your financial hardship but each is tailored to a different set of circumstances. A qualified bankruptcy attorney can help you understand your options and help you choose the solution that best fits your needs.
At the Modesto, California based Law Office of Ben Roberts, we have helped countless clients get a fresh start through filing for bankruptcy. We understand that this can be an intimidating and uncertain time in your life. We are here to help you through this process, to make sure that everything goes smoothly, and that you get as much benefit as you can from the bankruptcy process. Attorney, Ben Roberts, can be there with you and represent you at the meetings and hearings throughout bankruptcy process.
Finding the Right Solution for You
Chapter 7 bankruptcy can be a good option for people who have a large amount of unsecured debt like credit cards or medical bills. In a Chapter 7 filing, your nonexempt property is sold and the funds are distributed to your creditors to settle your debts. One common myth about filing for Chapter 7 is that you will lose everything you own. This is not true. You are able to keep certain essential property including your home, car, tools of the trade, and other assets.
Chapter 13 bankruptcy is a debt reorganization that allows you to repay your debt over three to five years according to a court approved repayment plan. It is usually best for people who have a steady income but are having trouble keeping up with their payments. Under Chapter 13, your debts are renegotiated to a level where they are within your budget and a repayment period of three to five years is set. After that period has been successfully completed you are discharged from bankruptcy and can begin rebuilding your credit. Additionally, you may be able to eliminate second and third mortgages on your home. If you are behind on your mortgage, a Chapter 13 can help you save your home and get current.
Stop Creditor Harassment
No matter which type of bankruptcy you choose, the one thing they have in common is the automatic stay. The automatic stay forbids creditors from continuing any collection activity. They must stop all phone calls, letters, foreclosure actions, repossessions, and lawsuits once you have filed your bankruptcy petition.
Call for a Free Consultation
Contact our office today to discuss your case. With offices in Modesto, Stockton, and Merced, we offer flexible meeting times and locations to meet our clients' needs. You can reach us by phone at 209-522-7500 or via email. We accept most major credit cards for your convenience.
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
