Email this page to a friend

Your Fort Worth bankruptcy attorney can help you consolidate your debts through Chapter 13

Your Legal Helpers sponsoring Fort Worth bankruptcy attorney understands that many college graduates today face a debt load that they simply cannot pay on their current salary. That's why your Fort Worth bankruptcy attorney has helped others in a similar situation by helping them file a Chapter 13 case. While you may not eliminate student loans in a Chapter 7 bankruptcy, your Fort Worth bankruptcy attorney can help you consolidate your debts into an interest-free Chapter 13 debt repayment plan. You'll then be able to pay off all your bills over a 3 to 5 year period.

Call on a Fort Worth bankruptcy attorney at Legal Helpers to help protect you from creditors

Click here for Our Free Legal Evaluation Form

By contacting your Legal Helpers sponsoring Texas bankruptcy attorney, you can free yourself from the stress and hassle you now experience with creditors. Your Texas bankruptcy attorney can stop the collection action and garnishments related to your student loan debts and consolidate your bills so that you may repay them in a feasible plan.

Chapter 13 can also protect cosigners

Under Chapter 13 bankruptcy, your cosigners receive the same protection that you receive. They will not be bothered by collection activity since your creditors must wait to be paid through your agreed upon bankruptcy plan.

Beware of refinancing

Debt consolidation loans are personal loans that allow people to consolidate their debt into one monthly payment. The payments are often lower because the loan is spread out over a much longer period of time. Although the monthly payment may be lower, the true cost of the loan is often dramatically increased.

The interest rates on personal debt consolidation loans are usually high, especially for people with financial problems. Lenders frequently target people in vulnerable situations with troubled credit by offering what appears to be an easy solution.

It's important that you contact a Texas lawyer and look at all your options before you sign on for what could turn out to be a very expensive debt consolidation loan. Upon default of the loan payment in a secured consolidation loan, the creditor has a right to repossess any of the items listed as collateral for the loan. Title loans are an example of secured loans, where an automobile's title is listed as collateral and the borrowers must pay off the loan to reacquire their title. Some creditors require borrowers to list household goods in order to obtain a debt consolidation loan. The creditor has a right to repossess these items upon default of the loan payments.

Quality service at an affordable fee

Before Legal Helpers begins working for you, we provide you with a cost estimate, free with no obligations. We offer flat fees, and allow you to pay through a flexible payment plan that suits your budget.

Fill out a Free Legal Evaluation today!