Chapter 13 Bankruptcy Attorney Providing Help to Nampa and Boise Clients

Joe Frick Law, PLLC: Serving the People of the Entire Treasure Valley Area

A Chapter 13 bankruptcy could represent a hopeful new start for you – or it could mean financial ruin. A lot depends on how you handle your bankruptcy. If it is handled well, there is no need to worry – you may not even lose any property, and it is highly possible that your credit score may actually improve. The optimal result is a welcome fresh start for your finances and your life.

Under Chapter 13, you work out a repayment plan that will allow you to pay off your debts within three to five years. In a best-case scenario, this would mean that you don’t lose any property. It doesn’t always work out this way, however, because Chapter 13 contains many pitfalls for the unwary.  Skilled legal counsel is a practical necessity under these circumstances.

Contact Idaho’s Bankruptcy Lawyer, Joe Frick

Bankruptcy court can be a lion’s den for the unrepresented. To maximize your chances of beating the complex bankruptcy system, you will need a top-notch bankruptcy attorney in your corner. Joe Frick Law, PLLC can help you navigate the bureaucratic and legal maze that awaits you. Joe Frick is one of the few attorneys in Idaho to have been awarded a “Superb” rating by the prestigious legal rating service Avvo, and this is not the only honor he has received.

There may be more to your case than the mechanics of filing for bankruptcy – Chapter 13 might not be right for you. In fact, in some cases, skipping bankruptcy altogether and negotiating private payment plans with your creditors might better serve your interests. It all depends on two things: The facts of your case, and your personal goals. We will fully advise you of all your legal options and leave the final decision to you.

Chapter 13 Bankruptcy FAQs

Is Chapter 13 bankruptcy right for me?

If your income is too high, this may be the only bankruptcy option for you. In a nutshell, Chapter 13 is more likely to be right for you if you have the ability to pay your debts within a few years, and if you have valuable nonexempt property that you don’t want to lose.

 

Will I lose my home and car if I file under Chapter 13?

No, as long as the equity in those items is exempt under Idaho bankruptcy exemption rules – currently, up to $100,000 equity in your home and up to $7,000 equity in your car. Even if your equity exceeds these limits, you can still keep your home and your car by paying any excess equity to your creditors.

Which debts will a Chapter 13 bankruptcy not cover?

Chapter 13 will not cover:

  • Most student loans
  • Civil or criminal fines
  • Certain tax debts
  • Debts you fail to list on your petition
  • Debts that arose from your wrongful conduct
  • Child support and alimony obligations
  • Certain other types of debts
Will I have to go to court and testify?

Probably not. In all likelihood, you will only have to go to a creditor’s meeting. There, you will need to answer questions under oath put to you by the bankruptcy trustee, and speak to any creditors who bother to show up (often, none of them will).

 

Can filing for Chapter 13 prevent creditors from harassing me?

Yes. As soon as your petition is accepted by the court, it will issue an automatic stay. This means that all of your creditors included in the bankruptcy must immediately cease all collection activity. The court will mail out a notice; in practice, this process takes a couple of weeks to bear fruit.

Only Action Can Make It Happen

Because Joe Frick Law, PLLC is a small law firm, we are committed to treating you like a person, not a case number as so many mega-firms do. No two Chapter 13 bankruptcy cases are the same, and we will work with you to craft a unique solution that takes into account your personal concerns and individual needs. One thing we will not do is sit idly by while your creditors and the court take advantage of you.

Joe Frick is no amateur lawyer – he has been admitted to practice law in Idaho, Montana, North Dakota, Wyoming, and Kansas as well as in federal courts, and he has received numerous honors in his career. If you have further questions about bankruptcy, or if you are considering filing for Chapter 13 bankruptcy, contact us online or call us at 208-401-9311 today to schedule a free no-obligation consultation so that we can discuss the details of your case.

Joe Frick Law, PLLC: Serving the People of the Entire Treasure Valley Area

A Chapter 13 bankruptcy could represent a hopeful new start for you – or it could mean financial ruin. A lot depends on how you handle your bankruptcy. If it is handled well, there is no need to worry – you may not even lose any property, and it is highly possible that your credit score may actually improve. The optimal result is a welcome fresh start for your finances and your life.

Under Chapter 13, you work out a repayment plan that will allow you to pay off your debts within three to five years. In a best-case scenario, this would mean that you don’t lose any property. It doesn’t always work out this way, however, because Chapter 13 contains many pitfalls for the unwary.  Skilled legal counsel is a practical necessity under these circumstances.

Contact Idaho’s Bankruptcy Lawyer, Joe Frick

Bankruptcy court can be a lion’s den for the unrepresented. To maximize your chances of beating the complex bankruptcy system, you will need a top-notch bankruptcy attorney in your corner. Joe Frick Law, PLLC can help you navigate the bureaucratic and legal maze that awaits you. Joe Frick is one of the few attorneys in Idaho to have been awarded a “Superb” rating by the prestigious legal rating service Avvo, and this is not the only honor he has received.

There may be more to your case than the mechanics of filing for bankruptcy – Chapter 13 might not be right for you. In fact, in some cases, skipping bankruptcy altogether and negotiating private payment plans with your creditors might better serve your interests. It all depends on two things: The facts of your case, and your personal goals. We will fully advise you of all your legal options and leave the final decision to you.

Chapter 13 Bankruptcy FAQs

Is Chapter 13 bankruptcy right for me?

If your income is too high, this may be the only bankruptcy option for you. In a nutshell, Chapter 13 is more likely to be right for you if you have the ability to pay your debts within a few years, and if you have valuable nonexempt property that you don’t want to lose.

 

Will I lose my home and car if I file under Chapter 13?

No, as long as the equity in those items is exempt under Idaho bankruptcy exemption rules – currently, up to $100,000 equity in your home and up to $7,000 equity in your car. Even if your equity exceeds these limits, you can still keep your home and your car by paying any excess equity to your creditors.

Which debts will a Chapter 13 bankruptcy not cover?

Chapter 13 will not cover:

  • Most student loans
  • Civil or criminal fines
  • Certain tax debts
  • Debts you fail to list on your petition
  • Debts that arose from your wrongful conduct
  • Child support and alimony obligations
  • Certain other types of debts
Will I have to go to court and testify?

Probably not. In all likelihood, you will only have to go to a creditor’s meeting. There, you will need to answer questions under oath put to you by the bankruptcy trustee, and speak to any creditors who bother to show up (often, none of them will).

 

Can filing for Chapter 13 prevent creditors from harassing me?

Yes. As soon as your petition is accepted by the court, it will issue an automatic stay. This means that all of your creditors included in the bankruptcy must immediately cease all collection activity. The court will mail out a notice; in practice, this process takes a couple of weeks to bear fruit.

Only Action Can Make It Happen

Because Joe Frick Law, PLLC is a small law firm, we are committed to treating you like a person, not a case number as so many mega-firms do. No two Chapter 13 bankruptcy cases are the same, and we will work with you to craft a unique solution that takes into account your personal concerns and individual needs. One thing we will not do is sit idly by while your creditors and the court take advantage of you.

Joe Frick is no amateur lawyer – he has been admitted to practice law in Idaho, Montana, North Dakota, Wyoming, and Kansas as well as in federal courts, and he has received numerous honors in his career. If you have further questions about bankruptcy, or if you are considering filing for Chapter 13 bankruptcy, contact us online or call us at 208-401-9311 today to schedule a free no-obligation consultation so that we can discuss the details of your case.

bankruptcy lawyer in idaho

Joe Frick Law, PLLC: Serving the People of the Entire Treasure Valley Area

A Chapter 13 bankruptcy could represent a hopeful new start for you – or it could mean financial ruin. A lot depends on how you handle your bankruptcy. If it is handled well, there is no need to worry – you may not even lose any property, and it is highly possible that your credit score may actually improve. The optimal result is a welcome fresh start for your finances and your life.

Under Chapter 13, you work out a repayment plan that will allow you to pay off your debts within three to five years. In a best-case scenario, this would mean that you don’t lose any property. It doesn’t always work out this way, however, because Chapter 13 contains many pitfalls for the unwary.  Skilled legal counsel is a practical necessity under these circumstances.

Contact Idaho’s Bankruptcy Lawyer, Joe Frick

Bankruptcy court can be a lion’s den for the unrepresented. To maximize your chances of beating the complex bankruptcy system, you will need a top-notch bankruptcy attorney in your corner. Joe Frick Law, PLLC can help you navigate the bureaucratic and legal maze that awaits you. Joe Frick is one of the few attorneys in Idaho to have been awarded a “Superb” rating by the prestigious legal rating service Avvo, and this is not the only honor he has received.

There may be more to your case than the mechanics of filing for bankruptcy – Chapter 13 might not be right for you. In fact, in some cases, skipping bankruptcy altogether and negotiating private payment plans with your creditors might better serve your interests. It all depends on two things: The facts of your case, and your personal goals. We will fully advise you of all your legal options and leave the final decision to you.

Chapter 13 Bankruptcy FAQs

Is Chapter 13 bankruptcy right for me?

If your income is too high, this may be the only bankruptcy option for you. In a nutshell, Chapter 13 is more likely to be right for you if you have the ability to pay your debts within a few years, and if you have valuable nonexempt property that you don’t want to lose.

 

Will I lose my home and car if I file under Chapter 13?

No, as long as the equity in those items is exempt under Idaho bankruptcy exemption rules – currently, up to $100,000 equity in your home and up to $7,000 equity in your car. Even if your equity exceeds these limits, you can still keep your home and your car by paying any excess equity to your creditors.

Which debts will a Chapter 13 bankruptcy not cover?

Chapter 13 will not cover:

  • Most student loans
  • Civil or criminal fines
  • Certain tax debts
  • Debts you fail to list on your petition
  • Debts that arose from your wrongful conduct
  • Child support and alimony obligations
  • Certain other types of debts
Will I have to go to court and testify?

Probably not. In all likelihood, you will only have to go to a creditor’s meeting. There, you will need to answer questions under oath put to you by the bankruptcy trustee, and speak to any creditors who bother to show up (often, none of them will).

 

Can filing for Chapter 13 prevent creditors from harassing me?

Yes. As soon as your petition is accepted by the court, it will issue an automatic stay. This means that all of your creditors included in the bankruptcy must immediately cease all collection activity. The court will mail out a notice; in practice, this process takes a couple of weeks to bear fruit.

Only Action Can Make It Happen

Because Joe Frick Law, PLLC is a small law firm, we are committed to treating you like a person, not a case number as so many mega-firms do. No two Chapter 13 bankruptcy cases are the same, and we will work with you to craft a unique solution that takes into account your personal concerns and individual needs. One thing we will not do is sit idly by while your creditors and the court take advantage of you.

Joe Frick is no amateur lawyer – he has been admitted to practice law in Idaho, Montana, North Dakota, Wyoming, and Kansas as well as in federal courts, and he has received numerous honors in his career. If you have further questions about bankruptcy, or if you are considering filing for Chapter 13 bankruptcy, contact us online or call us at 208-401-9311 today to schedule a free no-obligation consultation so that we can discuss the details of your case.