It is easy for many people to get into debt. But getting out is another story. The problem is most people are unaware of their rights and the legal solutions available to eliminate their debt and regain their financial footing. If you are looking to file for bankruptcy in Delray Beach, it is important to understand which method of debt relief works best for your situation. One of the most effective remedies is to file for Chapter 13 Bankruptcy. But not all bankruptcy lawyers in Delray Beach offer legal representation for Chapter 13 Bankruptcy. That is why it is important to choose a bankruptcy law firm with a track record to provide the right legal representation for your specific needs. The Law Offices of John E. Mufson provide a variety of legal solutions to help more people overcome their crippling debt through Chapter 13 Bankruptcy in Delray Beach.
Nobody ever plans on falling into debt. But sometimes financial hardships can happen to even the most responsible people. Chapter 13 Bankruptcy is an effective option to eliminate debt and help more people get a fresh start on their finances. Unlike Chapter 7 Bankruptcy, Chapter 13 does not involve the liquidation of assets. Instead, the court will arrange a manageable payment plan which gives the debtor sufficient time to pay off their debt. The decision on whether to file for Chapter 7 or Chapter 13 Bankruptcy is often determined by income. To qualify for Chapter 7, the debtor must take a Means Test and prove their income is insufficient to pay off their debt. Those who do not pass the Means Test can still file for Chapter 13 Bankruptcy in Delray Beach.
Filing for any type of bankruptcy can be a complicated procedure. It is important to have an experienced and knowledgeable bankruptcy attorney in Delray Beach on your side to provide proper legal advisement to help guide each client through the process. John E. Mufson is a bankruptcy lawyer in Delray Beach who understands many of the unique challenges facing those who struggle with overwhelming debt. Over the last 25 years, he’s helped countless people overcome their debt issues and regain their financial independence.
To eliminate debt, you must have an effective plan. Chapter 13 Bankruptcy in Delray Beach is helping more people regain control of their lives. But just like any problem, it involves taking action. To learn more on how filing for Chapter 13 Bankruptcy in Delray Beach can help you eliminate debt, contact the Law Offices of John E. Mufson for a free consultation.