Chapter 13 Advantages
Restore Your Driver's License
If your driver's license is suspended due to tickets or accidents,
the filing of
Chapter 13 Debt Repayment Plan can help you get your license reinstated within a few weeks of filing.
Remove Your Second Mortgage
Is your home worth less than what you owe on your first mortgage? The recent
recession has caused most people to lose significant value in their homes.
In a Chapter 13 plan, you may be able to remove the second mortgage as
a lien on your home and have hope to again have some equity.
Avoid All Creditor Contract – Stop Interest On Debts
While you are in Chapter 13, you will make one monthly payment to the Trustee
and all creditors are prevented from contacting you. Usually, all interest
stops on unsecured debts and interest can usually be reduced on car loans.
Stop Foreclosure of Your Home
When you file a Chapter 13 Debt Repayment Plan, all foreclosure proceedings
are immediately stopped and you usually have three years to get caught
up on your mortgage payments.
Payments as Low as $149 Per Month
How would you like to consolidate all of your credit cards, medical bills,
collections and other unsecured debts in one low payment of $149 per month?
Are you barely making enough to pay for your monthly living expenses and
cannot afford to pay all of these unsecured bills?
If you qualify as a below median individual or couple under Chapter 13,
you could consolidate all of these bills into one monthly payment of $149
for 36 months and eliminate any remaining unsecured debt! Your payment
on one credit card alone is probably more than $149 per month and most
of that payment is for interest only – it will take you 15 -20 years
of payments to pay off your balance! How about $149 per month for three
years to eliminate all of your credit card and unsecured debts? What an
CALL 253-217-4849 FOR A FREE CONSULTATION TO SEE IF YOU QUALIFY!!!!
If you would like to learn more about using Chapter 13 to obtain debt relief,
contact Washington Fresh Start to speak with an experienced bankruptcy lawyer today.