West Covina Chapter 13 Bankruptcy Lawyer

Filing for Chapter 13 in West Covina

Some individuals or families will not qualify for Chapter 7 bankruptcy, or do not wish to lose certain assets that that might be liquidated in that form of bankruptcy. For such cases, Chapter 13 can be the solution you need to resolve serious debt problems and get your finances back on track.  Chapter 13 allows you to pay off your outstanding obligations over a 3 - 5 year period, and you are required to have a steady income, whether as an employee or as an self-employed person.  All of the outstanding debt is handled through one monthly payment that is affordable.

At the end of the process, any remaining amount owing will be discharged.  In Chapter 13, when the process is completed, you will find that you actually only paid a percentage of the debt that was owed. Often the penalties, added costs and interest rates are stripped off and you do not have to suffer from ever-escalating and compounding interest and penalties. A West Covina bankruptcy lawyer from Ray Bulaon Law Offices will help you through the process.

Chapter 13 Bankruptcy Attorney in West Covina

Our legal team at the firm assists clients who are seeking a resolution to serious debt problems, whether due to a mortgage problem, foreclosure, a divorce or other situation that has led to being unable to manage the debt load you have incurred.  Each case should be thoroughly reviewed to determine if Chapter 13 is right for you; in many cases, this is the best solution and has brought our clients incredible relief and the opportunity to have a fresh start without the constant haranguing of debt collectors, or the fear or losing your home or other assets.

When foreclosure is underway, it is vital that you act quickly in contacting our office to get the process halted.  A Chapter 13 filing can bring the matter to a close, and allow you to pay off back mortgage payments as well as the potential of lien stripping - this process could reduce your mortgage payment radically. Each case is unique and individual and should be evaluated to determine the best course of action. We can help those facing serious debt problems in several languages including English, Spanish, Tagalog and Armenian. We treat our clients with the utmost respect and will protect your financial future through legal action.

Contact a West Covina Chapter 13 Bankruptcy Lawyer from Ray Bulaon Law Offices at once if facing serious financial problems.