Meridian Chapter 13 Bankruptcy Attorney
Considering Chapter 13 Bankruptcy in Meridian? We Can Help
At Foley Freeman, PLLC, our Meridian Chapter 13 bankruptcy lawyers have the professional experience that you can rely on. Chapter 13 bankruptcy is a reorganization bankruptcy. It might be the best solution for your situation if you are dealing with financial challenges. If you have questions about the Chapter 13 bankruptcy process, we are here as a resource. Contact our Meridian bankruptcy lawyer today for your confidential consultation.
What to Know About Chapter 13 Bankruptcy in Meridian, Idaho
Chapter 13 bankruptcy is a reorganization bankruptcy for individual filers. The process can be used to help people reorganize debt through a structured repayment plan that lasts three to five years. It works well for people who earn too much for Chapter 7 or who need to protect assets that would be vulnerable in the Chapter 7 liquidation process.
To file for Chapter 13 bankruptcy in Meridian, you will need a detailed budget and a proposed plan that shows how disposable income will be used to pay secured creditors, priority claims, and a portion of unsecured debts. The court and trustee review the plan for feasibility and good faith. Once confirmed, the plan gives you time to resolve your debts and get back to financial stability.
How Our Meridian Chapter 13 Bankruptcy Attorney Can Help
Considering filing for Chapter 13 bankruptcy protection? A proactive approach is a must. At Foley Freeman, PLLC, we are here to help you navigate each and every step of the legal process. You can learn more about the firm and get started on your case right away. When you reach out to us, you will connect with a Meridian Chapter 13 bankruptcy attorney who can:
- Listen to your story and answer questions about Chapter 13 bankruptcy;
- Gather and prepare all supporting documents and records;
- Handle the Chapter 13 bankruptcy petition and all filing requirements; and
- Develop a strategy focused on helping you get the best possible outcome.
Chapter 13 Bankruptcy in Meridian: Frequently Asked Questions (FAQs)
How long does a Chapter 13 repayment plan last?
In Idaho, Chapter 13 repayment plans last three to five years, depending on your income level. The amount that you will have to pay varies based on case-specific factors, most notably your income. The court requires you to commit all disposable income during that period.
Can Chapter 13 stop a foreclosure of my home?
Yes. At least for the time being. Filing for Chapter 13 bankruptcy protection triggers the automatic stay. During that time, you can start to catch up on your past-due mortgage.
Contact Our Meridian, ID Chapter 13 Bankruptcy Lawyer Today
At Foley Freeman, PLLC, our Meridian Chapter 13 bankruptcy attorney has extensive experience helping clients solve problems. Have any questions about Chapter 13 bankruptcy, we are here to help. Contact us today for a completely confidential, no obligation case evaluation. We provide Chapter 13 bankruptcy representation in Meridian and throughout the wider region.
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Mark Freeman and the Team at Foley Freeman have assisted my family & me with personal and business matters for many years. They have always provided a service that is friendly and welcoming, while implementing a professional, diligent service. They have assisted us with matters such as defense, estate planning, Buy Sell Agreements, liquidation negotiation and purchases, real estate ventures, and lien filings. I would highly recommend the team at Foley Freeman for any of your legal needs.
Show MoreI’ve had the pleasure of working with the attorneys at Foley Freeman PLLC for more than twenty years. They have professionally and successfully represented my interests in personal and business matters, including assisting with business purchase and sale agreements, contract reviews, estate planning, and arbitration issues. I recommend them without hesitation.
Show MoreMark Freeman is our most trusted attorney for all of our estate planning needs. He and his staff were of the utmost professionalism and walked my wife and me through all the steps to make sure we had our assets, including properties in multiple states, our life insurance, and money protected for our children and future family legacy. He answered every question we asked, and even addressed issues that could come up that we hadn’t thought of. I highly recommend Mark for any estate planning needs.
Show MoreFoley Freeman was amazing to work with! We have never needed legal counseling before and contacted them with time-sensitive needs. They were very kind, eager, and thoroughly explained everything to us. We were not pressured to make decisions or made to feel that our “small” legal issue was a waste of their time. Highly recommend their services to anyone with any legal needs.
Show MoreI just want to say thank you. This was the first time I have ever hired a lawyer, and I must say that I made an excellent choice when I went with you. You were very prompt in responding to my queries and did an excellent job. I will definitely recommend you to anyone in need of a lawyer.
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