Chapter 13 Bankruptcy
Re-organize and repay your debt under Chapter 13.
A Chapter 13 bankruptcy case allows you to consolidate your debts into one monthly plan payment. A Chapter 13 case can also immediately stop foreclosure sales, garnishments, and collections.
A Chapter 13 bankruptcy can protect nonexempt (unprotected) assets from being sold (which is a risk in bankruptcies filed under Chapter 7; click here to learn more about Chapter 7 bankruptcies). Thus, a Chapter 13 bankruptcy may allow you to get the benefits of bankruptcy without the risk of your nonexempt property being sold. However, in exchange, the process requires a plan to make payments of some or all of your debts over 36-60 months (3-5 years). After the process is complete, most debts are wiped out.
Whether you are seeking to liquidate your debt under Chapter 7 or reorganize it and pay it off gradually under Chapter 13, we can help. Call us today to speak with an experienced bankruptcy lawyer.
More than 48 Years of Accumulated Practice
Set Up A Free Consultation
Contact us now to set up a completely free, no obligation, , 30-minute initial consultation. During the free consultation, we can discuss your financial situation. We can first help you decide if filing for bankruptcy makes sense at all. Even if you have debts, there can be reasons not to file bankruptcy, or other ways to resolve your debts without bankruptcy. We can help you explore those options (only about half of our clients decide to file bankruptcy after the free consultation). If a bankruptcy does make sense, we can help you decide if filing under Chapter 7 or Chapter 13 is better.