Fayetteville Chapter 13 Bankruptcy Attorneys
Speak to Our Legal Team Today About Your Debt Concerns
Do you feel like you are drowning in mounting debt? If so, turn to Martin Attorneys to discuss your situation with one of our compassionate and knowledgeable Fayetteville bankruptcy attorneys so we can determine if filing for bankruptcy is your best option to obtain debt relief.
Our esteemed attorneys have been using our keen legal insight to meet the bankruptcy needs of clients since 1989 and have represented more than 5,500 households across Northwest Arkansas with bankruptcy and other debt or tax problems. We have garnered a stellar reputation for being meticulously thorough in our work to ensure that each of our Fayetteville clients’ cases move along smoothly with no surprises.
Call (479) 888-2039 today to find out how filing for Chapter 13 bankruptcy in Fayetteville can help you take control of your debt and get your finances back in order.
What Is Chapter 13 Bankruptcy?
Chapter 13 bankruptcy is for debtors who still earn a reliable, regular income. This bankruptcy option allows the debtor to create a reasonable repayment plan that shows they can realistically make installments to their creditors over three to five years. If the debtor successfully completes the repayment plan, they can pay off the entirety of the debt, or at least the major portion of what they owe.
If the debtor’s monthly wage is less than the average median of the state’s income standard, then the Chapter 13 repayment plan only needs to be for three years. If their monthly wage is more than the state’s average median, then the repayment plan lasts for five years. During the Chapter 13 bankruptcy process, creditors are banned from beginning or continuing collection actions against you.
What Are the Benefits of Filing for Chapter 13 Bankruptcy?
Unlike a Chapter 7 bankruptcy, debtors don’t have to liquidate their valuable property and possessions, in Chapter 13. This bankruptcy option also has the advantage of giving debtors more opportunities to secure financial independence.
Some of the benefits of filing for Chapter 13 bankruptcy include:
- You can save your from foreclosure and halt demands from mortgage companies
- You can reschedule all of your secured debts over a longer period of time during the remainder of your plan, which can lower the amounts on the payments owed.
- You don’t have to deal with creditors making direct contact with you because you will have a trustee distributing your payments like a consolidation loan to your creditors, so you will never have to directly interact with creditors while you’re in Chapter 13.
Call (479) 888-2039 If You Need Reliable Legal Counsel from a Seasoned Attorney
Our legal team at Martin Attorneys is familiar with the many complexities involved in filing for Chapter 13. Although it can be very difficult to navigate through the Chapter 13 petition on your own, our dedicated Fayetteville bankruptcy attorneys are here to provide the insightful legal counsel you need to make sure your best interests are protected.
Contact us today at (479) 888-2039 so that Martin Attorneys can walk you through the entire bankruptcy process. You can also complete our online form to set up a case consultation.
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"Very glad we went in to see them."They will definitely take good care of you. They are there for you not just the money. Very glad we went in to see them.
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"They treated us as family and were open/forthcoming within every step of the process."They are wonderful! We adopted our granddaughter with the help of this firm. They treated us as family and were open/forthcoming within every step of the process. Thank you for your kindness and assistance. We will use you again in the future.
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"They handled the business at hand and kept me informed along the way. Highly highly recommended to anyone."This office was beyond friendly, extremely diligent, and most importantly kind. They did not nickel and dime me to death. They handled the business at hand and kept me informed along the way. Highly highly recommended to anyone they have so many areas of expertise.
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"They made this whole legal process simple and easy to understand. Their staff was awesome and very friendly."They are great lawyers that really care about helping you. I went and saw them for a couple of matters that I was having trouble with and they helped me out in a very professional manner. They made this whole legal process simple and easy to understand. Their staff was awesome and very friendly. Overall I would definitely recommend them to my friends.
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"Shea was the first attorney to listen to me thoroughly, take me seriously, show compassion, and speak honestly with me about my case."I am so thankful that attorneys like Shea Crosby exist! Admittedly, I didn't know what I needed or wanted prior to my initial consultation with Shea. I had met or spoke with several other lawyers before meeting her. Each and every time I left feeling defeated, insignificant, or like a dollar sign. Shea was the first attorney to listen to me thoroughly, take me seriously, show compassion, and speak honestly with me about my case. Her level of professionalism continued throughout the entirety of my case, which lasted just shy of ten months. Shea was always easily accessible through text, email, and phone calls. She fought for me, and my family, and she believed in me, even at times when others didn't. At the end of the day, Shea helped me negotiate an agreement which provided me and my family the relief and protections we NEEDED, and WANTED. I am so very grateful for her. It's not often one is sad when their legal proceedings have ended (when they've "won"). But that is exactly how I felt. Shea was my advisor, advocate, and by time it was over, I also considered her a friend. Her real world experience made her not only relatable, but often times my confidant. I highly recommend Shea Crosby to anyone needing a family law attorney.
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"He also did a fantastic job at coaching me through some of the possible situations I would face in the courtroom leaving me feeling confident."I had a case earlier last month. Stephen was wonderful! He was able to support me properly and efficiently. He also did a fantastic job at coaching me through some of the possible situations I would face in the courtroom leaving me feeling confident. Stephen obviously knows what he is doing. I highly recommend him to anyone in the future.
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"They have assisted in the most professional manner and were very enjoyable to work with. I constantly recommend them to my friends and family."I have used this law firm on many of my cases. They have assisted in the most professional manner and were very enjoyable to work with. I constantly recommend them to my friends and family. They are very knowledgeable! A simple call to their office may just be the answer you need.
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"This was my first and only time to file for bankruptcy so I was completely unsure of the process and frankly, I was a little scared. When all was said and done, it was not so scary."They made a very unpleasant experience not so unpleasant. They kept me informed and weren't condescending if I didn't respond in a timely manner do to circumstances beyond my control, and it was over before I thought it would be. At age 56 this was my first and only time to file for bankruptcy so I was completely unsure of the process and frankly, I was a little scared. When all was said and done, it was not so scary.
