Trusted Bankruptcy Attorneys
If you are in financial trouble, do not give in to the fear, and do not make some of the most crucial financial decisions of your life based on misnomers and half truths. Many people succumb to the anxiety and confusion that comes with serious financial difficulties.
Chapter 13 can be more complicated than Chapter 7 or other bankruptcy options, so many people who don't have any legal training or bankruptcy knowledge spread misinformation. When you're already anxious about debt problems, this misinformation can add to your problems.
The Law Offices of Farnsworth Mortensen, PLLC, has been helping Phoenix, Arizona, clients with Chapter 13 bankruptcy for more than 20 years. Our Phoenix Chapter 13 bankruptcy attorneys and staff are proud of our commitment to our clients. We will not push you towards or away from Chapter 13. We will evaluate your situation and give you a realistic, honest assessment of your bankruptcy options to find the debt-relief solution that is best for you.
More than 10,000 bankruptcies filed
Chapter 13 Debt Consolidation
Chapter 13 is considered a debt consolidation and repayment bankruptcy option, as opposed to the Chapter 7 debt liquidation option. Generally, Chapter 13 involves restructuring debt into more manageable payments over either a three-year or five-year period. During this time, you will make regular payments, at a cost that you can truly manage, to your creditors through the bankruptcy trustee. At the end of the payment period, if you have kept current on your payments, your remaining debts will be discharged. People who have substantial property that they can still afford and want to keep, as well as steady income, often lean towards Chapter 13 bankruptcy.
Chapter 13, however, is not for everyone. Our attorneys can analyze your financial situation to help you understand:
- The bankruptcy process
- The bankruptcy means test
- Whether you qualify for Chapter 13
- Life after bankruptcy and rebuilding your credit
Arizona Bankruptcy Law Firm ∙ Get the Help You Need
We offer free, confidential consultations, so you have no reason to stall your search for financial solutions. You can sit down with one of our lawyers, discuss your situation and learn about the options available to you. Our attorneys and entire staff are dedicated to providing debt relief representation that is personally tailored to each client's unique situation.
Call 480-820-3600 for our Mesa area office, serving Phoenix, 888-634-0000 toll-free, or contact us online to schedule your free initial consultation.
