Largo Chapter 13 Bankruptcy Attorney

Chapter 13 Bankruptcy Lawyer Serving Clients in Largo, MD

Chapter 13 bankruptcy is commonly known as a "wage earner's plan," and it allows a debtor to create a repayment plan based on their income and make payments toward certain debts over a period of three to five years. If you are considering Chapter 13 bankruptcy, working with an experienced attorney is essential to ensure the best possible outcome to your case. With a background as a former Marine, Attorney Donald Bell approaches each case with the same honor, courage, and commitment instilled in him during his military service.

Protections Provided by Chapter 13 Bankruptcy

• Consolidation of Debts Into One Monthly Payment: Chapter 13 bankruptcy will group multiple types of debts together into a single affordable monthly payment, which is made to a bankruptcy trustee. The trustee will distribute the payments to your creditors according to the terms of your repayment plan. This simplification of debt payments makes it easier to manage your financial obligations without juggling multiple bills and deadlines.
• Reduction of Certain Debts: While you will be required to repay a portion of your debts through your repayment plan, the remaining balances on unsecured debts such as credit cards and medical bills may be discharged at the end of the plan. This can provide substantial relief if you are struggling with high-interest debt or large expenses related to medical procedures. The Law Office of Donald L. Bell will work with you to ensure that your repayment plan is structured in a way that maximizes debt relief and allows you to achieve a fresh financial start.
• Protection From Creditor Harassment: Once you file for bankruptcy, creditors are prohibited from contacting you directly about your debts. All communications must go through your attorney or the bankruptcy trustee. This will provide you with immediate relief from the stress of creditor harassment, and it will allow you to focus on rebuilding your financial life. The Law Office of Donald L. Bell will handle all communications with creditors on your behalf, ensuring that your rights are protected throughout the process.
• Automatic Stay: In addition to preventing creditors from harassing you, your bankruptcy petition will stop all collection efforts. This includes foreclosure proceedings, wage garnishments, and repossessions. You will have the breathing room needed to work out a repayment plan without pressure from creditors. The Law Office of Donald L. Bell will ensure that the automatic stay is enforced, giving you the relief you need while your bankruptcy case proceeds.
• Addressing Concerns Related to Foreclosure and Repossession: In addition to stopping a foreclosure on your home or the repossession of a vehicle, you can use your Chapter 13 repayment plan to catch up on missed mortgage or car payments. This can ensure that you will be able to meet your financial obligations while avoiding difficulties in the future.

Why Work With an Experienced Chapter 13 Bankruptcy Attorney?

The bankruptcy process involves multiple legal procedures, detailed paperwork, and negotiations with creditors. A seasoned attorney can make a significant difference in the success of your case. The Law Office of Donald L. Bell brings a wealth of knowledge to every case, ensuring that your bankruptcy petition is handled with precision and that your repayment plan is tailored to your specific needs.

The Chapter 13 Bankruptcy Process

• Initial Consultation and Financial Review: Before filing, it is essential to evaluate whether this Chapter 13 bankruptcy is right for you. The Law Office of Donald L. Bell will review your financial situation, including your ongoing income, the types of assets you own, and your debts, to determine the best steps to take to receive relief from debt.
• Development of Your Repayment Plan: Your bankruptcy filing will outline how you will repay your debts over the next three to five years, based on your income and living expenses. The Law Office of Donald L. Bell will work closely with you to develop a repayment plan that is achievable, allowing you to pay off your debts while maintaining a reasonable standard of living.
• Filing the Bankruptcy Petition: It is crucial to ensure that the forms and documents filed in bankruptcy court are accurate and complete. The Law Office of Donald L. Bell will ensure that all necessary documents are filed correctly.
• Representation in Court: After filing your petition, you will attend a meeting of creditors, where the bankruptcy trustee and any creditors who wish to participate can ask questions about your repayment plan. The Law Office of Donald L. Bell will represent you during this meeting and any subsequent court hearings, advocating for your interests and ensuring that your rights are protected.

Contact Our Largo, Maryland Chapter 13 Bankruptcy Lawyer

If you are seeking debt relief in Largo, Maryland, The Law Office of Donald L. Bell can provide the legal help you are looking for. With more than two decades of experience handling bankruptcy cases and a strong commitment to protecting clients' rights, we have the knowledge and skills needed to guide you through your case and help you move forward into a positive future. Call 301-614-0535 today or contact us online to schedule your free consultation and regain control of your finances.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.