If you find yourself in financial trouble, you are not alone. Between March 31, 2009, and March 31, 2010, the number of bankruptcy filings in the United States Bankruptcy Court for the Western District of Washington increased 39.5 percent. Many Seattle area residents find themselves underwater due to divorce, job loss or catastrophic medical and credit card bills.
Everett Seattle Chapter 7 and 13 Bankruptcy Attorney
The Law Office of Andrew Gebelt has one important goal in serving clients: to free them from debt, either through Chapter 7 or Chapter 13 bankruptcy proceedings. Principal attorney Andrew M. Gebelt has streamlined the filing process to make it easier and less costly.
Many clients are pleasantly surprised at how stress-free the filing can be. We offer every client a free initial consultation by phone, so you can review your financial situation with a skilled bankruptcy lawyer. We do not ask you to fill in a long, exhaustive questionnaire before making an appointment. Instead, attorney Gebelt will do the paperwork for you. All you have to do is answer the questions and provide needed financial verification such as paycheck stubs, bank statements and income tax filings.
What Is the Difference Between Chapter 7 and Chapter 13?
A major advantage of Chapter 7 is that it eliminates most of your debt in just 90 days. In order to qualify for Chapter 7, you must earn less than the median income for a household of your size. For example, a household of four can file if the income is less than $82,422 per year. However, even if your income is too high, you may still be able to file a Chapter 7 if you can pass the means test. We will work with you to determine if you have enough of the standard offsets and deductions to put you in the category of people who still qualify to file a Chapter 7 even though they earn more than the median income.
Maximum Household Income For Easy Chapter 7 Bankruptcy:
- One person $51,161 = $4,263/mo.
- Two people $63,930 = $5,328/mo.
- Three people $72,275 = $6,023/mo.
- Four people $84,442 = $6,869/mo.
- Five people $89,322 = $7,444/mo.
Chapter 7 Bankruptcy Eliminates Most of Your Unsecured Debts
Chapter 7 bankruptcy is the short form. In most cases Chapter 7 bankruptcy eliminates your debts in 90-120 days.
It eliminates most of your unsecured debts -credit cards, old repossessions, medical bills
- Single = Total Pre-Filing = $500 Down + $50 Certificate of Credit Counseling to File
Then After Filing = $299 Filing Fee May Be Paid in 3 Installments + $12 multiple choice test - Married = Total Pre-Filing = $535 Down + $50 Certificate of Credit Counseling to File Then After Filing = $299 Filing Fee May Be Paid in 3 Installments + 2 X $12 multiple choice tests
If you do not qualify for Chapter 7, you may consider Chapter 13, a debt consolidation-debt reduction plan that allows you to radically write down the total amount you owe as part of paying a portion of it back. Chapter 13 also stops foreclosure and obtains an order from the Court requiring mortgage lenders to give mortgage borrowers the opportunity to catch up on monthly mortgage payments over a three to five year period, so they can remain in the family home.
Chapter 13 Bankruptcy is Designed to Catch Up on Your Mortgage and
Radically Write Down Other Debts
Chapter 13 Bankruptcy:
- Single = $85 Down = $35 Credit Report + $50 Certificate
- Married=$120 Down = 2 X $35 Credit Reports + $50 Certificate
- Chapter 13 Legal Fee = $1,800 Financed
Over 36 to 60 Months with Monthly Payments as Low as Legally Possible
Contact Us Today
Call 888-309-7905 toll free or
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
