Life can present some extremely difficult obstacles Chapter 13 bankruptcy provides financial relief and a fresh start in many case.
Often, when Chapter 7 bankruptcy is not an option, Chapter 13 can be a possibility.
In order to qualify for Chapter 13 bankruptcy, we need to analyze your income, expenses and the amount of your debt to insure that Chapter 13 bankruptcy is the best option for you. In a Chapter 13 case you make monthly payments. Most clients pay only a portion of the debt they owe.
The main reason an individual would turn to a Chapter 13 is to avoid losing property to repossessions or foreclosures. This legally allowable category of debt relief allows those facing temporary financial setbacks to avoid having their wages garnished or lawsuits brought against them for failure to repay debts. It also keeps bill collectors from calling repeatedly and interest from continuing to pile up.
Often, the need for debt relief comes as a result of short-term setbacks, such as these:
- Major illness
- Unanticipated expenses
- Job loss
When you file for chapter 13 you are given a 3- to 5-year plan to catch up on mortgage or car payments, while keeping current on existing mortgage or car loan accounts.
When we meet, you can discuss your personal financial situation to find out whether this course of action is best for you. To set up your free initial consultation, call us today.
We are ready and waiting to help.
Why choose us?
- Free 30 minute Initial Consultation
- Flat Rate Fees
- No Hidden Costs
- Payment Plans Available
- Licensed in Colorado and Texas
- Speak Directly to Attorney, Dan Usiak
- Personalized Service
I was referred to Mr. Usiak by a colleague after my husband’s passing when it became painfully obvious that my financial situation was deteriorating rapidly. He listened patiently as I recounted the events of the past year through tears and tissues, my fears for the future, and my resolute stance that bankruptcy was NOT an option!
As he spoke, he explained how bankruptcy laws are meant for people like me…widows with no substantial income whose circumstances were brought on by no fault of their own, affording them the opportunity for a fresh start.
From that point forward, I knew I was in safe hands. Mr. Usiak explained the process: that there was a set fee structure for everything issue, and any unused funds would be reimbursed to me. There were times when I thought he was paying me to be his client, as I received regular reimbursements for services not rendered. His honesty is beyond reproach.
During the year-and-a half that my case was active, Mr. Usiak was steadfast in his support and calm encouragement. This process is not for the faint-of-heart, as it can be quite lengthy and stressful; but, there was never a time when he was not available for a phone call.
In addition to being a stellar attorney, he is a kind, caring, compassionate Christian man. My life was blessed for having had him as my attorney and I was so honored for having known him.