If you have recently experienced financial hardships, you are not alone. Many people have fallen into a situation where they are unable to pay their mortgage, can’t pay credit card bills and have trouble making ends meet with day-to-day activities. When challenges of this caliber arise, it is in your best interests to seek assistance from an experienced bankruptcy attorney.
At Rehl Law Firm, I will help you get the debt relief you need to get back on your feet. My name is attorney Kevin Rehl, and I am a bankruptcy attorney who serves clients throughout the state of Oklahoma. With more than 24 years of legal experience, I am entirely committed to providing successful legal services with the highest levels of professionalism, integrity and individualized attention.
I assist clients with all types of bankruptcy-related matters, including Chapter 7 bankruptcy, Chapter 13 bankruptcy, credit card debt issues, creditor harassment issues, wage garnishments and repossessions. I also handle foreclosure defense matters.
Chapter 13: A Reorganization Bankruptcy
Chapter 13 bankruptcy is often referred to as a reorganization bankruptcy, where a portion of your debt is paid back in a three to five-year repayment plan. Payments are made to the trustee each month and then distributed to your creditors. At the end of the repayment plan, the remainder of your unsecured debt is discharged.
What Happens to My Mortgage in Bankruptcy? Keeping Your Home With Chapter 13
For individuals who want to keep their home, Chapter 13 is often the best solution. In a Chapter 13 bankruptcy, you are given the opportunity to get caught up on your debts over a certain period of time, without interests or penalties accruing. In a Chapter 7, you can only keep your home if you are able to immediately get current with your payments.
Contact an Oklahoma Foreclosure Lawyer
As an experienced Oklahoma City Chapter 13 lawyer, I can help you overcome the challenges you are facing. To schedule a free initial consultation at my law firm, please contact me at 405-926-3369.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.