At Steadman Law Firm, PLC, their Chapter 7 bankruptcy attorney in Mesa strives to help clients understand the benefits that Chapter 7 bankruptcy has to offer. Chapter 7, also known as liquidation bankruptcy, allows for clients to discharge their unsecured debts after the sale of certain exempt assets. This process is beneficial to clients because it relieves debt from credit cards, medical bills, mortgages and personal loans in as little as 90 days. When clients file for Chapter 7 bankruptcy, creditors will immediately stop harassment, and end foreclosure proceedings.
The lawyers at Steadman Law Firm, PLC have a detailed knowledge in the Chapter 13 bankruptcy process. Chapter 13, also known as restructuring bankruptcy, allows for clients to create an affordable debt repayment plan. The plan lasts about three to five years and the repayment will help clients catch up on overdue bills. Any remaining debt will be discharged leaving the client with a clean slate, upon successful completion of all payments in the plan. At Steadman law Firm, PLC, their bankruptcy attorney strives to help their clients obtain the most benefits possible.
About Steadman Law Firm
Steadman Law Firm, PLC located in Mesa, Arizona is devoted to helping their clients reach financial freedom. They provide debt relief services including Chapter 7 and Chapter 13 bankruptcy, divorce, and child custody and support. They take great care to ensure that their clients receive the helpful and personalized legal advice they need to address any challenging points in their life. To learn more, please visit: www.steadmanlawfirm.net.