When in Need of a Child Support LawyerWhen in Need of a Child Support Lawyer

About Me

When in Need of a Child Support Lawyer

Welcome to my blog. I’m Lorna Elliot. My husband and I divorced three years ago. We had been married for ten years and had two children together. Our divorce was fine at first, but then he stopped paying child support. What do you do when the father of your children stops paying child support? Or, you find out that your ex-husband who never paid child support now has a full-time job? It would be nice if, as the parents of the same children, you could come together and make adjustments to your original child support agreement. But this doesn’t usually happen and when it doesn’t, finding a lawyer is the way to proceed. This is what I’ve had to do, and I want to share my experience with you.

Paying Off Debts Via Chapter 13 Bankruptcy

30 June 2021
 Categories: Law, Blog

Spending money is something that should be done wisely. For instance, spending money without having self-control can lead to numerous debts building up that ultimately leaves someone in a bad position financially. A debtor ends up owing sometimes multiple creditors a substantial amount of money and must deal with them calling on a regular basis demanding that a payment is made. If you are in a lot of debt and have no direction in regards to resolving the situation, filing bankruptcy is a good option to consider. A lawyer in your area, such as McCool & McCool, can help you with filing Chapter 13 bankruptcy, which is ideal if you are able to make payments to creditors.

When Is Chapter 13 Bankruptcy Ideal?

Filing Chapter 13 bankruptcy is usually a good option for those who are in debt and still have a job. If you are unsure if filing Chapter 13 bankruptcy is right for you, it is best to consult with a lawyer for a second opinion. Even if you have a job, it might not be ideal if your disposable income isn't sufficient enough. Basically, you will be required to use any income that is not needed for the essential things in your life to pay off creditors. A lawyer will not only assess your overall income but can help get the Chapter 13 bankruptcy filing process going if it is right for your situation.

Where Are Debt Payments Sent?

You will not be handling the money that is used for paying off your debts after filing Chapter 13 bankruptcy. When a lawyer opens your case and files it with the bankruptcy court, you will basically be appointed a trustee for handling the money that you pay. The trustee will be in charge of distributing the money to various creditors until they are all paid based on the terms of your case. Each time you are ready to make a payment, simply send money to the trustee to handle it from there.

How Long Does a Repayment Plan Last?

The length of your repayment plan will likely be based on your income, such as if you meet the median income limit in your state. A lawyer can assist with determining if you meet the limit and how long your plan will be. For example, if you make more than the median income limit, you might be given a longer time to pay the debts off.