If you have a job, you can probably file bankruptcy with zero money down. To understand how, read on.
File Bankruptcy With ZERO Money Down if Employed
One of the biggest questions a potential client has is how much a bankruptcy costs. If someone is behind on their bills and can barely afford to get by on a day to day basis, how in the world can they afford to pay a Bankruptcy Attorney to file Bankruptcy? The answer is Chapter 13 Bankruptcy, and it allows people to file bankruptcy with zero money down.
Nearly all of my clients work full time and some even have second jobs in an attempt to pay down their debts. If that sounds like you, then listen up. With a Chapter 13 Bankruptcy, you can get a Bankruptcy filed immediately without paying your attorney one penny down. The key is that you must have some type of regular income.
How Does Chapter 13 Bankruptcy Work?
The way this works is that after your Chapter 13 Bankruptcy case is filed, an order (Income Withholding Order) is sent to your employer’s payroll department. The payment is withheld from your paycheck, much like taxes or health insurance. So, for example, you get paid twice per month and you are paying your attorney $100 per month. That payment will get divided by two and you will see a $50 withholding from each paycheck.
There are many pros and cons to a Chapter 13 Bankruptcy, but one of the greatest benefits is that if you are being crushed by your creditors, behind on bills or are being garnished, you don’t need to worry about finding the money to pay your attorney. You can get relief from your debts TODAY, then pay your attorney over time.
To Learn More About Getting a Chapter 13 Bankruptcy filed TODAY for NO MONEY DOWN, please give us a call at 785-379-3600 for a FREE Consultation over the phone or in person or you can email us now.