Don't Fall Behind
Chapter 13 Bankruptcy is designed for someone who still has a means to pay their bills - but not ALL the bills. Chapter 13 Bankruptcy is designed for those who still earn a consistent income - just not enough to stay current.
Have you fallen behind on your credit card, mortgage and other monthly payments? Are you out of work temporarily and the bills continue to pile up? Is there a medical situation in your family with medical bills that you are unable to pay? Don't worry about the things you cannot control. The Federal Government designed Chapter 13 Bankruptcy for anyone who is still able to make payments to creditors but cannot meet their current obligations. Contact a Chapter 13 Bankruptcy Attorney listed on this site. The initial consultation is FREE!
Nothing Left to Give
Sometimes things happen in life. You lose your job. A medical situation occurs. The bills pile up. And creditors begin calling and calling. You try hard to make ends meet, but it feels like a losing battle. Chapter 13 Bankruptcy may be just the solution to ease the burden.
Chapter 13 Bankruptcy
A Chapter 13 Bankruptcy filing is usually viewed as less favorable than Chapter 7 Bankruptcy because it takes longer and you must make payments back to the court over 3-5 years.
However, a Chapter 13 Bankruptcy allows you to keep more of your assets. Some of the debt with this filing is required to be paid off completely. Some debts can be paid off as a percentage and some debt can be completely written off.
One useful benefit of a Chapter 13 bankruptcy, compared to a 7 filing - it is believed that creditors may be more willing to re-establish credit ties with you after your plan has been completed. From a credit rebuilding standpoint, it is believed to be easier to recover from this type of bankruptcy.
While Chapter 13 bankruptcy may allow you keep more of your assets, there are some debts that cannot be forgiven such as alimony, back taxes, child support, and some student loans.
Visit with a Chapter 13 bankruptcy lawyer in your area. The initial consultation is FREE.
Chapter 13 Bankruptcy
listed are licensed professionals ready to help you!