Louisiana Chapter 13 Bankruptcy Attorney Helps Consumers Keep Their Homes
Bankruptcy lawyer guides clients in the Acadiana area through the repayment process
If you are employed with a steady income, but are still struggling with overwhelming debt and falling behind on your mortgage, The Keating Firm, APLC can help you get relief and save your home. Chapter 13 bankruptcy allows debtors to pay off a portion of their debts in installments over a three-to-five year period under a court-ordered repayment plan and have the remainder of their qualifying debt discharged. Filed individually or jointly with your spouse, Chapter 13 bankruptcy resembles loan consolidation that lowers your monthly payments to a manageable level. With extensive experience in this area, I can help clients in the Acadiana area and throughout Louisiana file Chapter 13 quickly and efficiently. Once you have filed for bankruptcy, creditors must immediately stop all collection efforts including, scheduled sheriff sales, wage garnishments, harassing letters and disruptive phone calls.
Louisiana Chapter 13 counselor helps you avoid home foreclosure
One of the many advantages of a Chapter 13 filing is that you can save your home from foreclosure. A court-issued automatic stay stops foreclosure as soon as you file your Chapter 13 petition. You can then cure your delinquent mortgage payments over your repayment period. Chapter 13 requires you to develop a plan with a reasonable schedule for bringing your past-due payments current, allowing you to keep your home. The Keating Firm, APLC has experience with foreclosure matters, and I put my knowledge to use to protect your home during the bankruptcy process.
Advocate helps with lowering debt payments and protecting co-debtors
A Chapter 13 plan restructures your secured debts so that you can pay them over a longer period, often in lower payment amounts. In addition, it may be possible to protect co-signers of certain loans so as to avoid putting business partners and family members at risk of loss from your bankruptcy. I do a complete analysis of your financial situation to develop strategies and identify your best filing options.
Preparing for your appointment with a bankruptcy attorney
So that I can immediately begin analyzing your case, it is necessary that you bring certain information to your appointment with The Keating Firm, APLC, including:
- A list of your creditors’ names, amount of each claim and nature of the debt
- Your employer’s name and your gross and net income
- Other sources of income and amounts
- A list of what you own and estimates of the value of each item
- A list of your monthly bills and details of each expense
- A copy of your last 3 years federal and state tax returns
This information can help The Keating Firm, APLC provide an accurate assessment of whether Chapter 13 bankruptcy is appropriate for you.
Contact an experienced bankruptcy attorney in Louisiana
Don’t let crushing debt drive you out of your home. There is Life After Debt. Chapter 13 can protect your home, lower your monthly expenses, and allow you to discharge qualifying debt. Call The Keating Firm, APLC at 337-761-6035 or contact my Lafayette office online to schedule your free bankruptcy consultation.