Working with a bankruptcy attorney Chapter 13 in Fontana CA will help ensure that you have the help you need at every step. Your next step should be to call Law Offices of Terrence Fantauzzi at (909) 552-1238 for a free consultation. You can also keep reading to learn some of the best tips on a successful bankruptcy.
Establish a support system
Having a strong support system might help you get through Chapter 13 bankruptcy. Finding a financial counselor and hiring an expert bankruptcy lawyer are two of the finest methods to guarantee your future. Reliable specialists can assist you in preparing for each step of the procedure and obtaining a successful bankruptcy discharge.
Keep an eye on the paperwork
Filing for bankruptcy entails a significant amount of documentation. You’ll need income tax returns, bank statements, paystubs, and other financial information to get started. The bankruptcy filings are around 50 pages long. It’s critical that each page be filled out completely, properly, and honestly. Our business has a specialized team of professionals who will assist you in getting the paperwork we require and will guide you through the process.
Stick to a spending plan
To stick to a Chapter 13 plan, you’ll need to carefully monitor your spending and eliminate unnecessary costs. The bankruptcy trustee’s monthly payments are determined by deducting expenditures from your predicted income.
To assist you cover unforeseen expenditures, your bankruptcy attorney Chapter 13 in Fontana CA will seek to allow some flexibility in the repayment schedule. However, in order to make timely payments throughout the bankruptcy phase, you will need to keep to a strict budget. Our company works with you to determine your budget well before your case is filed so that you may begin your case with the best possible possibility of success!
Always pay your bills on time
Chapter 13 bankruptcy is intended to provide you time to catch up on all of your bills. Child support, alimony, taxes, insurance, as well as housing and automobile expenses not covered by the Chapter 13 plan are all included. Late payments, falling behind on payments, or defaulting on your plan can all have serious ramifications. Repossession or foreclosure may be the outcome; debts may not be dismissed, and creditors may resume contacting to collect.
Pay attention to notifications
Throughout the bankruptcy process, it’s critical to pay attention to court files and reports. Things might change over time, and your case isn’t officially closed until your Chapter 13 plan is approved. You can count on your bankruptcy attorney Chapter 13 in Fontana CA to help keep you up to date.
If you are ready for a free legal consultation with an experienced bankruptcy attorney, contact Law Offices of Terrence Fantauzzi at (909) 552-1238 right away.