Before you declare bankruptcy in Alexandria, LA, chapter 13 attorney assistance should be obtained. L. Laramie Henry, Attorney at Law, can give you preliminary advice for free and then follow it up with sound legal counsel that you can afford through reasonable payment plans.
The process of filing for chapter 13 can be long and complicated. It will take 3 to 5 years to eliminate your debt entirely when you take this route, but many debtors find it worth the wait. This is especially true when you have the help of a lawyer who is experienced, licensed, and insured. You will need assistance filling out forms, meeting with creditors, and sticking to deadlines when filing. A dedicated lawyer can make sure you meet all the requirements and successfully negotiate with creditors so that the terms of your payment plan are acceptable to them and beneficial to you. This is the most effective way to get rid of debt while still paying back your creditors.
A good Alexandria, LA chapter 13 attorney can help you negotiate your debt down so that you only owe a portion of the original amount. Once you and your creditors come to a compromise, you can begin making payments that you can afford each month, allowing you to finally be debt-free after 3 to 5 years. If this route interests you, call L. Laramie Henry, Attorney at Law to set up an appointment.