On Your Side Through Chapter 13 Bankruptcy
Every day, hardworking people throughout the country struggle with debt. There is a way out. Through Chapter 13 bankruptcy you can eliminate your debts, protect your property and regain control of your finances.
At Hatfield Harris, PLLC, attorney Chris Harris has been helping people in Rogers and throughout Northwest Arkansas discharge their debts through Chapter 13 bankruptcy for more than 20 years.
You deserve a fresh start, and we will help you get it.
Discharge Your Debts Through Chapter 13 Bankruptcy
The downturn in the economy and other unexpected life events – such as divorce and illness – have made it difficult for many to make ends meet. As the daily bills pile up, many turn to credit cards only to end up even deeper in debt. Through Chapter 13, you can reduce your debt, protect your property and get the fresh start you deserve.
If you don’t qualify for Chapter 7 or have substantial assets you want to protect, Chapter 13 may offer you the best path to debt relief.
Under Chapter 13, your debts will be reorganized into a repayment plan. Repayment plans typically last three to five years. During this time, you will make monthly payments to a bankruptcy trustee who will disburse those payments among your creditors. Creditors are typically paid pennies on the dollars owed. At the end of the repayment period, any remaining debt will be discharged.
At Hatfield Harris, PLLC, our lawyers are experienced debt relief professionals. We will thoroughly examine your financial circumstances and help you develop a debt relief plan that is best for you.
Stop Foreclosure Through “Lien Stripping”
In years past, home values increased at a staggering rate. Many homeowners took out second or third mortgages and home equity lines using their homes for collateral. When the housing bubble burst, many have been left with homes that are not worth the amount of debt they secure.
Lost jobs and reduced wages can make it difficult to meet monthly mortgage obligations, and selling your home for less than the outstanding mortgage will not necessarily relieve you of that debt.
Through Chapter 13, homeowners can “strip” or eliminate their additional mortgages and home loans, reduce their monthly payments and save their homes.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.