When to File Chapter 13 Bankruptcy

The right time to file for Chapter 13 bankruptcy is when you see critically important aspects of your financial life come together. Your inability to keep up with your bills and your desire to keep your credit score viable are two of the factors that contribute significantly to your decision. The Law Offices of David Kohm are authorities on bankruptcy law, and they can help you thread the needle to get out of the situation you face now.

The possibility of facing foreclosure or repossession of your home and property add urgency to your decision. Knowing when to file bankruptcy gives you the advantage of taking action on your terms instead of reacting to procedures that your creditors initiate against you. A bankruptcy attorney in Frisco can help you reorganize your finances so that you can pay your debts over a period of years with a structured plan.

The attorneys at the Law Offices of David Kohm are experienced in assisting other clients who have faced stressful financial situations. They understand that a downturn in the economy has made it difficult for many clients to meet financial obligations. A loss of work and an irregular income contribute to an accumulation of bills that are not met on a timely basis. With the strong guidance of knowledgeable bankruptcy attorneys, you can find a way to retain possession of your property and your reputation.

The creditors who want you to pay them are relentless, and they waste no time in the pursuit of the money you owe them. Your best option is to take action as soon as possible so you can avoid the possible loss of your property. Filing for bankruptcy is a matter that requires skillful handling of delicate matters that need acceptance by creditors.

At a time when you do not need more bills to pay, you can get a free consultation at The Law Offices of David Kohm to assess your situation. Call them today at 817-204-0900.

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