From chapter 7 bankruptcy, which involves the full-blown liquidation of an individual’s assets, to the chapter 11 variant, which usually deals with corporate reorganizations, anyone struggling under mounds of inordinate debt can find reprieve from harassing creditors in this day and age. However, the most desirable scenario for any debtor is generally the chapter 13 iteration of bankruptcy filings, since it allows you to restructure your debt and lower your monthly dues without exhausting all of the assets you’ve worked so hard to attain over the years.
So if you’re seeking out a reputable chapter 13 bankruptcy lawyer in Polk County, OR, feel free to use this brief exposé as an introductory guide to understanding the multifarious nature of modern bankruptcy proceedings.
Handling Chapter 13
As any renowned chapter 13 bankruptcy lawyer will tell you, this type of court proceeding allows you to establish a reasonable repayment plan with your creditors while continuing to maintain ownership of all of your property, including nonexempt assets as well. However, as more than one million US citizens file for bankruptcy each year, this particular legal arena is generally packed tighter than a can of sardines, so the onus is on you to find a trustworthy chapter 13 bankruptcy lawyer to help you navigate these treacherous waters.
Finding the Perfect Lawyer
As you start browsing through various lawyer websites, you might begin to feel a bit overwhelmed by the monolithic nature of today’s legal arena, especially when taking into account the exacting terminology and courtroom etiquette required in modern bankruptcy cases. However, if you focus on a few specific data points – namely each attorney’s success rate, client reviews, and upfront fees – you’ll have a much easier time picking the perfect lawyer to handle your delicate situation.
If you’d like to see a shining example of a renowned attorney website, click here to kick off your legal research the right way.
