Polk County Chapter 13 Bankruptcy Attorneys

Polk County Chapter 13 Bankruptcy Attorneys

Our Polk County chapter 13 bankruptcy attorneys will use their expert knowledge to ensure the best repayment plan for you during chapter 13 bankruptcy.

Our

Polk County Chapter 13 Bankruptcy Attorneys

Provide Excellent Service in:

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You Don't Have to Leave Your Home For Your

Chapter 13 Bankruptcy

Matter

In this video, attorney Kevin O'Flaherty describes ways you can receive legal services from the comfort of home.

Take the Next Step: Schedule a Free Consultation With Our

Polk County Chapter 13 Bankruptcy Attorneys

What to Expect From a Consultation

The purpose of a free consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us. Although most consultations are complimentary, some may carry a charge depending on the type of matter and meeting location.

Please contact our friendly

Polk County Chapter 13 Bankruptcy Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Des Moines

2716 Grand Ave., Ste. 2 Des Moines, IA 50312

Phone:

(515) 207-2006

E-Mail:

desmoines.ia@oflaherty-law.com

Hours: 9 am - 7 pm Monday - Friday 11 am - 3pm Saturday 11 am - 2 pm Sunday

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Some of Our Accomplishments

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Chapter 13 Attorneys Polk County

Polk County Chapter 13 Bankruptcy Attorneys

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

Click Here for Videos, Podcasts, and Articles by Our

Polk County Chapter 13 Bankruptcy Attorneys

Polk County Chapter 13 Bankruptcy Attorneys

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

In this video, our Polk County Chapter 13 bankruptcy attorneys explain the difference between Chapter 7 and Chapter 13 Bankruptcy and a zero percent plan. Chapter 7 bankruptcy involves liquifying all the debtor's assets, administering those funds to the debtor's secured and priority debts, and wiping out all the unsecured debt, non-priority debt. All of a Chapter 7 bankruptcy filer's debt is discharged after the bankruptcy process; however, she still has to pay priority debts such as child support, certain tax debts, and alimony. In Chapter 13 bankruptcy, the debtor agrees to a three- to five-year repayment plan that includes their unsecured debt, such as credit card payments and medical bills, and any arrearages on secured and priority debt. It's the most popular bankruptcy option for those who don't qualify for Chapter 7 or want to keep their home, car, or any other nonexempt property. A zero percent plan combines the benefits of not paying any money towards nonpriority unsecured debts with the ability to retain personal assets, such as a home and vehicle. A chapter 13 zero percent plan is only available to those that qualify for a Chapter 7 bankruptcy via the Mean's Test. Most Chapter 13 filers have higher incomes, and the filer must use any disposable income to pay unsecured nonpriority debts.

In this episode, our Polk County attorney will discuss s how those that qualify for a Chapter 7 bankruptcy can be eligible for a Chapter 13 bankruptcy zero percent plan and save their home and car.

What Bankruptcy Can and Cannot Help You With In Illinois and Iowa

In this video, our Polk County chapter 13 bankruptcy attorneys explain how what bankruptcy means for you and how it depends on what type of debt you’re struggling with, how much you have and what you're willing to lose. You’ll have to determine what type of bankruptcy is best for your situation—this is a good conversation to have with a bankruptcy attorney—with the two main options being Chapter 7 and Chapter 13. Once you file for bankruptcy the automatic stay kicks in and most creditors will be prohibited from continuing to harass you for payment.

In this episode, our Polk County attorney gives an overview of what bankruptcy​ can do for you and what it can’t and how the automatic stay​ affects creditors ability to collect on certain types of debt.

Involuntary Bankruptcy Explained

In this video, our Polk County chapter 13 bankruptcy attorneys explain how involuntary bankruptcy is a legal process by which creditors can “force” an individual or business to enter into bankruptcy. The creditor must petition the courts to initiate the bankruptcy proceedings and the indebted party can file an objection to force a case. Having this option gives creditors some degree of protection against individuals or businesses who may otherwise take advantage of the business.

It’s rare that a business will petition for involuntary bankruptcy against an individual because the effort of getting enough money from one person versus the assets of a business is low, but it does still happen. The creditor may feel they won’t get any money out of the indebted party unless forcing them to enter into bankruptcy proceedings, and so the creditor must seek legal grounds in order to collect on the debt. Involuntary bankruptcy can’t be brought forward against an individual or business for any amount of money, the indebted party must have a significant amount of unmet debt. The amount of debt warranting a petition of involuntary bankruptcy is dependent on whether the debtor is an individual or business.


In this episode, our Polk County attorney gives an overview of what bankruptcy​ can do for you and what it can’t and how the automatic stay​ affects creditors ability to collect on certain types of debt.

Further Reading From Our 

Polk County Chapter 13 Bankruptcy Attorneys

Chapter 13 Bankruptcy Attorneys Polk County
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