If you have been considering filing for Chapter 13 bankruptcy in Toms River but are concerned that you could lose your house, your car, or other assets, it is important to consult with a lawyer who has experiences in handling Chapter 13 filings. When you and your family have settled into a home in the Toms River area, it can be a terrifying feeling to know that the bank could come in and foreclose on your home. Yet, for many families, that is an increasing possibility as more and more people hit hard times because of the economy. However, your Chapter 13 lawyer may be able to stop your bank or financial institution from foreclosing. All situations are different, of course. So it is important that you talk with your Chapter 13 attorney right away.
Many people shy away from seeking the help of a Chapter 13 Lawyer in Toms River because they are afraid that if they file for bankruptcy they will be view as a failure. However, your lawyer can help you to realize that there are often extenuating circumstances that were beyond your control that have led to the difficult circumstance in which you find yourself. Often, filing for Chapter 13 is the most responsible thing you can do in order to regain a sound financial footing. Plus, since filing for Chapter 13 will most likely enable you to retain your vehicle and your Toms River home, it is also one of the best ways that you can ensure that your financial difficulties will impact your family as minimally as possible.
When you are experiencing overwhelming debt that you cannot overcome, especially if the bulk of that debt is taken up with car and house payments, a Chapter 13 filing can stop any repo or foreclosure proceedings that may have been initiated by your bank. Plus, once you have the protection of a Chapter 13 filing, neither your bank nor other creditors are allowed to contact you directly. This means that you will be free from the barrage of nightly phone calls from bill collectors.
Obviously, filing for Chapter 13 is not a cure-all for every financial difficulty so you and your lawyer will want to discuss what is best for your to determine whether or not you will be able to arrive at a payment schedule that will satisfy the requirements for Chapter 13. However, if it is feasible, with Chapter 13 you will have a fresh start when it is all said and done.
When financial constraints force you to file for Chapter 13, speak with a bankruptcy lawyer in the Toms River area as soon as you can so that all efforts to reclaim any of your protperty can be stopped and so that you can protect your property, your family, and your future.
filing chapter 13 in Toms River is right for your financial situation, an attorney from the Law Offices of Lee D. Gottesman can help you throughout the process. Chapter 13 in Toms River can help give you back a stable financial future while paying back your debts.