115 Morning Star Lane

Beckley, WV 25801

Chapter 13 Bankruptcy Filing in
West Virginia With Roop Law Office LC

Restructure Debt to Help Relieve Burdens in Southern West Virginia

Roop Law Office LC offers assistance with Chapter 13 bankruptcy filing in West Virginia. Chapter 13 is a bankruptcy option that helps many people relieve overwhelming debt. While Chapter 7 can allow people to discharge most unsecured debt, not everyone qualifies. To be clear, unsecured debts generally include items like personal loans or medical bills, to name a few.

Filing bankruptcy under Chapter 13 allows consumers the opportunity to restructure finances relating to both secured and unsecured debt, such as:

  • Car loans
  • Credit card debts
  • Judgments
  • Medical bills
  • Property loans
  • Tax debts

We may view Chapter 13 as a way to avoid home foreclosure and a means of regaining financial freedom. Call Roop Law Office LC today at (304) 255-7667 or contact us online for a free consultation.

Chapter 13 Reorganization – Do You Qualify?

For those who do not qualify for Chapter 7, Chapter 13 bankruptcy is another option for a fresh start. It allows you to restructure debt. Under Chapter 13, you file a plan covering the next three to five years. The plan shows the court and creditors how you will pay off past-due and current debts. 

The important part of filing Chapter 13 is that it allows you keep valuable property, like your home and car. These might otherwise be seized to pay off debts to creditors when people file for bankruptcy. Payments under the plan cost at least as much as your regular monthly payment with some extra payment added. This allows you to catch up on the amount you owe. Filing Chapter 13 may be an option if you:

• Are behind on debt payments but can catch up with additional time.

• Have valuable non-exempt property but have the income to pay your creditors over time.

• Own your home but risk losing it due to money problem.

Deciding if Filing Chapter 13 in West Virginia Might Fit Your Debt

Consulting with Roop Law Office LC in Beckley can help you decide if Chapter 13 is right for you. Chapter 13 may be an option as long as you have enough income. You will need to pay for your regular expenses plus the required payments when they are due under the plan.

As we mentioned above there are different qualifications for each type of bankruptcy. The main goal in choosing to file bankruptcy is to eliminate debt. This action helps to stop creditor harassment and protect major assets you have. If you own a business, however, it may be that filing under Chapter 11 or Chapter 12 could be better.

These differences between the types of bankruptcy available is another reason to consult with attorney Paul Roop. He can advise you on the best path forward during the bankruptcy process and afterward. Do you need help deciding what type of bankruptcy might be best for your debt situation? Call Roop Law Office LC today for answers on Chapter 13 bankruptcy filing in West Virginia.