Tacoma Bankruptcy Lawyers
Are you in a financial quandary? Have you lost your job, suffered a medical emergency that has left you with significant expenses, have extensive credit card debt, or experienced another hardship such that you are now faced with a mountain of debt you'll never dig out from? If so, you may need to file for bankruptcy. Tacoma bankruptcy attorneys at Drakeley PLLC can help you navigate the process easily, so that it is complete as soon as possible and you can enjoy a fresh start.
What a bankruptcy attorney in Tacoma can do for you?
A Tacoma bankruptcy lawyer will help you navigate bankruptcy efficiently so that your rights are protected. Filing for bankruptcy is never an easy process, but a skilled, knowledgeable lawyer can make the job much easier.
Which is right for you? One of the questions Tacoma bankruptcy lawyers will help you address is whether you should file for Chapter 7 bankruptcy, or Chapter 13 bankruptcy. With Chapter 7 bankruptcy, you, the debtor, are discharged all of your allowed debts during the process, with the exception of certain debts like student loans. This is a means of giving you a "clean slate" so that you basically get to start over.
You may not be eligible for Chapter 7 bankruptcy, but Chapter 13 may be the right decision for you. If you make more than the median income for your state based on the number of members in your family, you will probably not qualify for Chapter 7 bankruptcy. In that case, you will need to file for Chapter 13 bankruptcy. A skilled Tacoma bankruptcy attorney will work to determine which you qualify for.
With Chapter 13 bankruptcy, you agree to pay off your debts on a three to five year schedule with a process known as "restructuring." During the restructuring process, you will pay all or part of your debts off to creditors, after which time the remaining debt (excepting non-dischargeable debts like student loans) will be discharged, and the bankruptcy process will be complete.
By hiring a bankruptcy lawyer in Tacoma, you can make what can be a difficult process much simpler. When you know that you have a professional with skill and experience on your side, the relief you experience is immense. At Drakeley PLLC, our Tacoma bankruptcy attorneys are on your side, by your side. We know that "hiding" from your creditors is stressful, and the thought of losing everything you have worked for unimaginable. Give us a call today.
