What is Chapter 13 Bankruptcy? A chapter 13 case begins with the debtor filing a petition with the bankruptcy court serving the area where the individual lives or where the business debtor is located. Along with the petition, the debtor must also file the following with the court: schedules of assets and liabilities; a schedule of current income and expenditures; a statement of financial affairs; and a schedule of executory contracts and unexpired leases.
IS BANKRUPTCY RIGHT FOR YOU?
Before resorting to bankruptcy, other financial solutions should be tried. A lawyer can help you weigh all factors involved, such as the type of debt, what advantages various types of bankruptcy can offer you, and which debts bankruptcy discharges and which it does not. A bankruptcy lawyer in Reno can help you decide whether bankruptcy is right for you. At the Law Offices of Sean P. Patterson, we understand that you already feel bogged down in debt. We offer a payment plan that makes our quality services affordable. Our services can be retained for as little as $100.
SEEK AN EXPERIENCED BANKRUPTCY LAWYER
Bankruptcy laws are complex and documentation for filing is extensive. A bankruptcy lawyer can ensure you meet all requirements, comply with deadlines, and guide you through the legal process. Unless you seek legal advice from an experienced lawyer, you may not effectively address your debt. A knowledgeable bankruptcy attorney can prove invaluable when dealing with insolvency.