If you need an experienced bankruptcy law attorney in Vancouver, WA, look no further than Tresa G. Cavanaugh, Attorney at Law. I provide full representation in your bankruptcy matter in order to get your finances back on track. My bankruptcy case evaluation allows me to determine whether you are a candidate for Chapter 7 or Chapter 13 bankruptcy. No matter which form of bankruptcy you file, you can trust that you will be in good hands.
Chapter 7 Bankruptcy is best for clients who have very little disposable income after they receive a paycheck. For qualifying clients, most of your dischargeable debt will be eliminated within six months. However, creditors must stop contacting you as soon as you file for bankruptcy. Filing for Chapter 7 also allows you to keep your property, including your car and home.
Chapter 13 Bankruptcy, on the other hand, is available for clients who have a higher amount of disposable income after each paycheck. Chapter 13 can prevent repossession of your vehicle and wage garnishment. Chapter 13 may also reduce the amount of your medical and credit card bills. In some cases, the amount owed is reduced to zero.
Typically, though, clients must repay a smaller portion of their debt through bankruptcy payment plans. As a bankruptcy specialist, I ensure that your payment plan is manageable immediately and well into the future. Chapter 13 may also be an option for clients who are facing foreclosure. Filing often prevents foreclosure and keeps you in your home. Unlike any other bankruptcy law firm, I will work with you to keep you legal costs as low as possible.If you need debt relief, reach out to me today.