America is a country that has one of the highest ratings on debt in the world. From a very young age, we are taught that getting a loan is normal. However, they do not teach us how to properly pay it back. This leads to many issues thanks to misinformation such as bad credit or serious debt cases. It’s important you make sure your payments are on time and you have a backup plan when tough financial times arrive.
Wipe Away Debts provides comprehensive bankruptcy solutions for those who are struggling with debt. Get to know more about our services and what we can do for your case. We focus on personalized attention and comprehensive services, which allows us to offer our clients the exact service that they need based on their specific situation, whether they are going through foreclosure, wage garnishment, or bankruptcy.
Filing For Bankruptcy: The Right Solution For You
Filing for Chapter 7 or Chapter 13 bankruptcy are the options for those struggling with debt repayment. Each option has its own advantages and disadvantages, and as your bankruptcy attorneys, one of the things we do is explain each one and advise you on which would be the ideal choice for you.
The best option for many people is filing for chapter 13 bankruptcy. Anyone is eligible for it, and it consists of repayment through a repayment plan. The entire process can commonly take 3-5 years. One of the biggest benefits of chapter 13 is avoiding foreclosure and losing your home, unlike chapter 7, which can be crucial to those with nowhere else to live. If you’re employed and want to hold onto your assets, chapter 13 may be for you.
The Best Debt Lawyers in Inglewood
We help our Inglewood clients with everything from wage garnishment and debt relief to bankruptcy and foreclosure. We are experienced in every area of bankruptcy and are dedicated to our clients, walking them through the process so they feel taken care of and lower their stress in a difficult time.