Washington Bankruptcy Law Lawyers Focused on Solving Your Problems
Imagine walking away from debts that have caused you months, if not years, of stress and aggravation. That dream can become a reality with one telephone call to the Iwama Law Firm. Our bankruptcy law practice focuses on the following areas:
Chapter 7 Bankruptcy
Needing Chapter 7 bankruptcy protection does not make you someone who shirks financial responsibility. Many clients come to see us after having lost a job, suffering a serious illness or facing divorce. Credit card debts, medical bills and unsecured loans are beyond your control. Our job is to attend to every detail of your discharge and secure the fresh start you need.
Chapter 11 Bankruptcy
Is your income too high to file Chapter 7? Are your debts too large to file Chapter 13? Debt limits on Chapter 13 are surprisingly low, and many seemingly middle-class wage-earners are simply unable to qualify for a Chapter 13. Chapter 11 is their only available remedy. The cost of filing a Chapter 11 is often comparable to total costs paid over the life of a Chapter 13 plan, yet the total payments to creditors can be significantly lower in Chapter 11. We can look at your situation and help you decide whether Chapter 11 is a better option, or the only option, to protect you from creditor lawsuits and collection actions.
A Chapter 11 case may be the way to reorganize your finance and be able to receive debt relief you may need for your individual or business situation.
We will protect your rights to Chapter 7, 11 and 13 bankruptcy protection. Contact our Kent law firm at 253-656-4851 or toll free at 888-465-0246.
Chapter 13 Bankruptcy
If you do not qualify for Chapter 7 under the income means test, a Chapter 13 filing remains an option to reorganize your debt into a manageable payment plan. All debt is consolidated, turning multiple payments into one over three to five years. Chapter 13 is also an option if you are looking at saving your home from foreclosure.
Stripping Second Mortgages
At the Iwama Law Firm, we help clients "under water" on first and mortgage balances that are more than the value of their house. If your property value has declined to less than your first mortgage balance, we can strip away a second mortgage and wipe out judgments and liens.
Debt Settlement
Attorney Matt Iwama, the founder of our law firm, is a licensed real estate broker and former mortgage broker. That background gives him insight into negotiating debt settlements and loan modifications. He can also help negotiate IRS back tax debt into payments that stop interest and penalties.
Contact Us
For more information or to schedule an appointment with an experienced lawyer regarding a bankruptcy filing, please contact us.
