by Helbing Law Office, LLC | Apr 12, 2019 | Chapter 13 Bankruptcy, Firm News
A person who is overwhelmed by debt is likely going to try to find some relief. For some, the only reasonable option is to file for bankruptcy. Unfortunately, there are negative connotations associated with filing for bankruptcy because some people believe this gives...
by Helbing Law Office, LLC | Mar 1, 2019 | Chapter 13 Bankruptcy, Firm News
People who have assets that they want to keep or who have the means to repay a portion of their debts might file a Chapter 13 bankruptcy if they need to reclaim their finances. This form is usually known as the wage earner’s plan since you will be making regular...
by Helbing Law Office, LLC | Feb 1, 2019 | Chapter 13 Bankruptcy, Firm News
Chapter 13 bankruptcy isn’t an easy way out of debt. Many people may falsely assume that once they file, they are done. The fact is that a Chapter 13 filing means that you are going to make regular payments to the bankruptcy trustee. This fact alone makes it a...
by Helbing Law Office, LLC | Dec 28, 2018 | Chapter 13 Bankruptcy, Firm News
One of the possible consumer bankruptcy chapters that some people file when they need this protection is Chapter 13. This is known as the wage-earner’s bankruptcy because debtors have to set up a repayment plan that covers some of the debts they owe. In most...
by Helbing Law Office, LLC | Nov 2, 2018 | Chapter 13 Bankruptcy, Firm News
For many people, having to file bankruptcy might feel almost like a failure. What these individuals don’t think about is that this process is actually an important financial tool that can help them to regain control over their finances when things are spiraling...
by Helbing Law Office, LLC | Sep 25, 2018 | Chapter 13 Bankruptcy, Firm News
Having more bills than you do money is a tough position to be in. For many people, their normal bills aren’t the issue. The credit cards and medical expenses are the ones that are the problem. For these individuals, filing for bankruptcy might be beneficial....
by Helbing Law Office, LLC | Aug 30, 2018 | Chapter 13 Bankruptcy, Firm News
One of the components of a Chapter 13 bankruptcy is that you are going to have to make regularly occurring payments to the bankruptcy trustee. These go toward repaying the creditors who are included in your filing. Typically, you are going to make payments for 36 to...
by Helbing Law Office, LLC | Jul 18, 2018 | Chapter 13 Bankruptcy, Firm News
Chapter 13 bankruptcy is one that can provide protection for people who are in deep debt but are unable to qualify for a Chapter 7 bankruptcy. There are many reasons why this might be the chosen option for people who need to do something to handle the overwhelming...
by Helbing Law Office, LLC | Jun 20, 2018 | Chapter 13 Bankruptcy, Firm News
Missing a mortgage payment can instill fear in the heart of a homeowner. When the payment is missed, the lender might start the countdown to foreclosure so it is imperative the payment is made as quickly as possible. Typically, lenders won’t start official...
by Helbing Law Office, LLC | Jun 4, 2018 | Chapter 13 Bankruptcy, Firm News
Filing for Chapter 13 bankruptcy is a serious matter that must be considered very carefully. When you are going to file, you need to take a close look at the money. One of the steps of filing for this type of bankruptcy is to speak with a credit counselor to determine...
