Learn About Chapter 13 Debt Relief Before It Is Too Late

Facing the crushing weight of debt is a difficult prospect even in the best of times, and with the recent economic downturn it has only become more of a burden. Should you find yourself facing substantial debt, with creditors harassing you with phone calls, letters and notices of late payment, it is all too easy to become paralyzed and hopeless. Doing nothing and hoping it will all go away, however, is the worst thing you can do! At The Law Offices of Bruce C. Bridgman in Orange County, we are here to offer you help.

Millions of Americans face the prospect of financial insolvency every year, yet they still feel unwilling to take the necessary step to resolve their crisis and move forward. With the aid of a bankruptcy attorney, it is possible to file under Chapter 13 and have your debt consolidated into an easy repayment plan that will allow you to end your financial woes.

Chapter 13 In A Nutshell

If you are interested in restoring order to your life and easing the burden of your debt, there is a solution! Filing a bankruptcy claim under Chapter 13 is a relatively quick and painless method to ending your money problems once and for all. If you have a steady source of income and/or significant assets that you wish to protect from liquidation, this is your best option.

Through this process, you will work with a trustee who will be responsible for examining your finances and determining the best way to make you and your creditors happy. During this time, a stay is set down by order of the court preventing collection agencies from harassing you any longer. Your trustee will then create a restructuring plan, lasting from 3 to 5 years, that will consolidate your debt into a single monthly payment. Once you have finished your payments, the remainder of your outstanding debt is waived and you can start over with a new lease on life!

Help is Only A Phone Call Away

With the help of one of the professional debt relief lawyers at Bruce C. Bridgman, you can begin the debt restructuring process as soon as possible. Your assets will be safe while you work on repaying your debt, allowing you to end the stress and chaos you faced before seeking a bankruptcy claim.