Ooltewah Debt Reorganization Attorney
At the Tennessee law office of Mark T. Young & Associates, we understand the difficulties you may be facing due to unmanageable financial obligations. Our legal staff is directed by board certified consumer bankruptcy lawyer Mark Young, who has more than 30 years of experience preparing and filing Chapter 13 petitions. His extensive experience and dedication enable him to guide individuals through the bankruptcy process effectively, so they can achieve much needed debt relief.
Chapter 13 Debt Repayment Plans
With Chapter 13 protection, you can place all of your debts and arrears into a three- to five-year repayment plan, which would enable you to have a payment that is more affordable. It is important that you consult with a qualified attorney who is knowledgeable and experienced in the intricate legal requirements of a Chapter 13 plan.
As with Chapter 7, filing for Chapter 13 provides immediate automatic stay protection. The automatic stay stops all creditor communication, as well as creditor legal actions.
Depending on your situation, you may be able to place the following into your plan:
- Mortgage arrears/stop foreclosure
- Vehicle payments/stop repossession
- Back property taxes
- Income taxes
- Back child support
If your driver's license was revoked because you had an accident and did not have insurance, filing for Chapter 13 would allow you to get your license back. Also, if you have back property taxes on your home, you can place those in your repayment plan to prevent your home being sold to pay off your back taxes.
Check Advance/Payday and Title Loans
Chattanooga Chapter 13 bankruptcy attorney Mark Young has more than 30 years of experience handling complicated issues. As a dedicated bankruptcy attorney, he understands the astounding financial consequences associated with check advances, payday loans and title loans. The penalties, fees and interest involved with these loans can add up, creating additional financial stress. With Chapter 13, you can reduce your obligation by placing these into your plan and spreading out the payments three to five years.
Call Us Today for a FREE Consultation
Our legal team is available to discuss your situation at 423-933-1606 or toll free at 888-376-0282. You may also send us an e-mail to schedule your free consultation. We are conveniently located and offer handicap accessibility, as well as free parking.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
