Chapter 13
Helping you repay your debts over time without losing your hard-earned assets
Chapter 13 Bankruptcy Attorneys In Moses Lake, Washington State
What Is A Chapter 13 Bankruptcy?
If you're navigating financial challenges with your house or car payments in Moses Lake, Washington State, Central Washington Lawyers, is here to guide you through the Chapter 13 bankruptcy process. Whether you're facing foreclosure or struggling to keep up with car payments, Chapter 13 offers a potential pathway to stabilize your financial situation. You may be eligible for a plan that allows you to maintain ownership of your home and car while possibly reducing your car payments. In situations involving unpaid parking tickets that have impacted your driver’s license, Chapter 13 might provide an opportunity to reinstate your license.
Navigating the complexities of Chapter 13 bankruptcy is much smoother with a knowledgeable attorney by your side. James MaGee has a track record of supporting clients through these proceedings, working toward positive resolutions tailored to individual circumstances. Discover how James MaGee can assist you in retaining your assets and regaining financial control by scheduling a consultation. Let us help you explore your options and work toward a brighter financial future.
Call Central Washington Lawyers at 509-581-4090 to schedule a consultation with a lawyer today.
How Do I Qualify for a Chapter 13 Bankruptcy?
Meet James MaGee, your dependable attorney in Moses Lake, Washington State, committed to guiding you through the complexities of bankruptcy law. If you're contemplating a Chapter 13 bankruptcy, it's essential to have a reliable source of income that allows for regular payments as determined by the court. This income can come from various sources, including Social Security or disability benefits, retirement funds, and even rental income. However, if you're involved in stock or commodity brokering, Chapter 13 may not be an option for you, and corporations also do not qualify.
Individuals such as sole proprietors and those who are self-employed might find Chapter 13 bankruptcy a feasible path if their debts are within certain limits. Even if your debts extend up to five years, you could still qualify after passing a means test that assesses your financial status. James MaGee's dedicated team is here to review your financial situation thoroughly before you file, ensuring that Chapter 13 bankruptcy aligns with your financial welfare. Don’t hesitate to reach out to our office; we're ready to assist you on the next steps of your financial journey.
What Happens During a Chapter 13 Proceeding?
If you're considering filing for Chapter 13 bankruptcy in Moses Lake, Washington State, you'll want an attorney who understands the intricacies of the bankruptcy process. Central Washington Lawyers, is here to guide you through the important steps. You'll start by proving your eligibility through the means test. If you qualify, filing for Chapter 13 bankruptcy will put a halt to foreclosures, wage garnishments, repossessions, lawsuits, and any other forms of creditor harassment.
James MaGee will work with you to develop a repayment plan, which must be approved by the court. The court will evaluate whether the plan is proposed in good faith, ensuring that the payments to your unsecured creditors are at least equivalent to what they would have received in a Chapter 7 filing. Additionally, you'll need to ensure that your payments utilize all your disposable income – that is, all income not required for your basic support and essentials.
The process can be complex, but with James MaGee's knowledgeable guidance, you can navigate it with confidence, knowing that you're working towards a successful outcome. To begin, contact our office in Moses Lake today and take the first step towards financial freedom.
Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.
Have Questions?
Call Central Washington Lawyers at 509-581-4090 today to make an appointment and discuss your legal needs.
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