welcome to northwest debt relief law firm
Oregon and Washington Bankruptcy Lawyer
Our Tacoma Bankruptcy team is ready to help!
Millions of dollars of debt discharged for clients by our Tacoma Bankruptcy Attorney Law Firm
In years past, working hard, saving money, and making wise decisions seemed like a guarantee of financial security. But in today’s uncertain economy, this just may not be the case. More and more people unexpectedly find themselves struggling to keep up with bills and make ends meet, often getting to the point of needing to file bankruptcy. Our Tacoma bankruptcy attorneys are here to educate you about your options and guide you every step of the way.
Bankruptcy in Tacoma, Washington
Living with unmanageable debt is one of the most stressful things anyone can deal with, but fortunately bankruptcy can provide relief. Once you’ve decided that bankruptcy may be your best option, a Tacoma bankruptcy attorney will evaluate your situation and explain the two types of Bankruptcy available: Chapter 7 and Chapter 13. In order to be eligible for a Chapter 7, you must pass a Means Test, which looks at your income and assets. If you qualify, a Chapter 7 will discharge unpaid medical bills, credit cards, personal loans, and utility bills. If you want to file for Chapter 7 bankruptcy, but do not qualify, all hope is not lost. Chapter 13 may be an even better option for you. There is some misinformation about Chapter 13 that causes people to not consider it as a viable option. People often think all of the debt must be paid off, but this is not true. Over the course of 3-5 years, you will complete your repayment plan, which is calculated by the court. During this time, your creditors can no longer contact you to collect debt, which greatly reduces your stress. This also gives you time to improve your financial situation. At the end of your repayment plan, debts such as mortgages, auto loans, and taxes are settled and you are on your way to financial freedom.
Northwest Debt Relief and our Tacoma Bankruptcy Attorney Law Firm
Don’t feel ashamed if you’re having trouble keeping up with your mortgage, credit card payments, medical bills, or student loans. Many people are in the same situation and bankruptcy exists to help honest, hard working people like you who are just struggling through a hard time. Our Tacoma Bankruptcy Attorney Law Office is here to assess your financial situation and recommend the best course of action. Once we decide which type of bankruptcy best fits your needs, we’ll come up with a payment arrangement for your attorney fees. You won’t need to come up with all the money up front before we take care of filing your case. Contact us today to start the process and relieve your stress. We are a federally designed debt relief agency, we help people find solutions to their debt problems, including, where appropriate, filing petition for relief under the Bankruptcy Code.