Louisiana Chapter 13 Bankruptcy Attorneys
At the Shreveport, Alexandria, and Monroe law offices of McBride & Collier, we help individuals and families get the debt relief they deserve through Chapter 13 bankruptcy. We will assess your situation and help you devise a loan workout and payment plan, so you can keep you house and get a fresh start.
Securing Your Future
Contact McBride & Collier
Chapter 13 bankruptcy allows you to pay back all or a portion of your debts via monthly payments to your creditors over a three- to five-year period. By reviewing your current financial situation, our attorneys will help you decide if Chapter 13 bankruptcy is the right choice for you. We often advise Chapter 13 debt readjustment in the following cases:
- You have a strong desire and ability to pay all or a portion of your debts.
- You want to protect non-exempt assets.
- You owe taxes or student loans that do not meet the requirements for discharge in a Chapter 7.
- You want to protect a consumer co-signer.
If you are ready to file for bankruptcy, one of our lawyers will prepare a plan to reorganize your debt into payments you can afford. About four weeks after we file your papers, the court-appointed Trustee will set up a meeting to review your plan and budget with you. Your creditors are allowed the opportunity to attend and ask you simple questions about your debts. However, creditors usually do not appear at this meeting.
Generally, your plan payments will start thirty days after you file for Chapter 13 bankruptcy. The payments can be made by payroll deduction or by you directly. In either case, in order for your plan to be successful you must make the plan payments and attend the required meetings.
Contact Us
If you want to get debt relief but keep your most important assets, Chapter 13 bankruptcy is right for you. With offices in Shreveport, Monroe and Alexandria, we are ready to sit down with you and discuss your options face to face. Offering reasonable and flexible payment plans, we can help you rebuild your financial future. Contact us today for a free initial consultation.
