Medford Oregon
Rennie Law, LLC provides complete and thorough Chapter 13 bankruptcy services. Attorney, Brandon Rennie, will sit down with you and work to understand your unique financial situation so that he can help you determine the best solution. For the right situation, Chapter 13 bankruptcy is the perfect tool.
A Chapter 13 bankruptcy places debtors in a three or five year payment plan, where debtors repay a portion of their debts. Your disposable income will be used to determine what your affordable monthly payments will be under a Chapter 13 payment plan. A Chapter 13 is often used for those who are not eligible to file a Chapter 7, because their income is too high, they have too much nondischargeable tax debt, they filed a prior bankruptcy too recently, or something along those lines. Although a Chapter 13 does not provide a complete discharge of indebtedness over just a matter of months like a Chapter 7 does, it can still be a very powerful tool in ways that a Chapter 7 cannot.
At your free consultation, we will help you determine if Chapter 13 bankruptcy is the right choice for you, based on your unique situation. As with any bankruptcy, there are always important factors to consider before making this decision. We will discuss those factors with you.
- Permanently stop a foreclosure, reestablish a mortgage, and keep your house.
- Strip a second mortgage from a home, discharging that debt forever.
- “Cram down” the amount of a secured debt to its current market value (if it qualifies).
- Keep nonexempt assets that would have to be forfeit in a Chapter 7.
This lists just a few of the benefits that a Chapter 13 bankruptcy can provide you. Please contact Rennie Law, LLC for a free consultation to learn how bankruptcy might benefit you.
Fees can vary considerably based on your particular circumstances and which chapter of bankruptcy makes the most sense for you. For each scenario, we offer payment plans to make the cost more manageable. In addition, after we receive your first payment, we immediately provide notice to creditors to protect you while you work to make payments.
Choosing to file bankruptcy is a big decision and it is important to make the right decision. Once the decision to file bankruptcy is made, it needs to be done correctly. The consequences of a poorly filed bankruptcy can be devastating. Please allow Rennie Law, LLC to assist you in making the right decision, and should that decision be to file bankruptcy, we will make certain that it is done well.
Please call today for your FREE consultation! (541) 414-0300
Rennie Law, LLC is a federal Debt Relief Agency, helping people file for relief under the U.S. Bankruptcy Code
