People choose to file for Chapter 13 bankruptcy for a number of reasons. Typically, someone filing for Chapter 13 bankruptcy has a steady source of income and is looking for a manageable way to get rid of their excessive debt that still allows them to repay the money they’ve borrowed.
And if you believe filing this form of bankruptcy is right for you, you can take comfort in the fact that you’re not alone — last year, approximately 333,626 Americans just like you filed for Chapter 13 bankruptcy.
Even better news? There are a wide array of different sources of bankruptcy help for individuals looking to have the realities and complexities of Chapter 13 bankruptcy explained to them. Here are three of the best:
The web offers a hidden wealth of information on the Chapter 13 bankruptcy process that you can use to your advantage. Best of all, it’s free and available to you 24/7. Unfortunately, the Internet doesn’t know the specifics of your financial situation — so finding information about your unique needs won’t be easy.
A financial adviser
Do you have a financial adviser who helps you file your taxes each year? This same person may be able to give you advice and guidance through the bankruptcy process. He or she may even be able to offer personalized advice on whether or not you need to file for bankruptcy in the first place.
A Chapter 13 bankruptcy attorney
Ultimately, your best bet at successfully filing for a bankruptcy is to seek the help of a Chapter 13 bankruptcy attorney. Having legal representation isn’t just beneficial for making appearances at bankruptcy court — these attorneys can offer the help with filing bankruptcy you need to make sure your paperwork is filed correctly and error-free.
Has filing for Chapter 13 bankruptcy helped you get out of debt and start anew with your finances? Feel free to share your experience with us in the comments. Read more blogs like this.