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Chapter 13 Bankruptcy Lawyer
What is a chapter 13 bankruptcy?
Chapter 13 is designed for individuals with regular income who would like to pay all or part of their debts in installments over a period of time.
Under chapter 13, you must file with the court a plan to repay your creditors all or part of the money that you owe them, using your future earnings.
How much is a chapter 13 plan payment?
Your plan payment depends on your goals, income, expenses, and the means test.
Our attorneys will help you calculate your chapter 13 plan payment.
How long does a chapter 13 plan last?
The period allowed by the court to repay your debts may be three years or five years, depending upon your income and other factors. The court must approve your plan before it can take effect.
Can a chapter 13 help me save my home or car?
A chapter 13 bankruptcy will allow you to repay the bank the past-due payments on your home or car over a period of three to five years. You will be required to stay current on payments going-forward.
Who typically files for a chapter 13 bankruptcy?
We understand the struggle you face managing your debt. It is normal for people that are not able to pay their debts to feel ashamed, embarrassed, scared, and depressed. It is okay to ask an attorney for help to review your case. Note that people that file bankruptcy come from all walks of life, including business-owners, farmers, patients, laborers, nurses, doctors, teachers, and even attorneys.
Most chapter 13 bankruptcy filers experienced a sudden and unexpected life changing event:
Unexpected high medical expenses from an injury, sickness, or accident.
Job loss or reduction in work hours leading to increased use of credit cards, personal loans, title loans, and pay-day loans to cover household expenses.
Changes in the economy leading to less customers or sales and/or increased expenditures for small business owners.
Some chapter 13 bankruptcy filers struggle with debt over a longer period of time:
Debtors that never learned or don’t know how to manage money and create a budget.
Struggle with addiction to drugs or alcohol abuse.
Do I qualify for a chapter 13 bankruptcy?
You are only eligible for chapter 13 if your debts do not exceed certain dollar amounts set forth in the Bankruptcy Code.
We will review your case to determine whether you are eligible for a chapter 13 bankruptcy.
Can I keep my property after I file a chapter 13 bankruptcy?
Under chapter 13, you may claim certain property as exempt from creditors. If you desire to keep non-exempt property, you will be required to pay its value in the chapter 13 plan.
Will all my debts be discharged in a chapter 13 bankruptcy?
Some particular debts are not discharged under the law. You may still be responsible for most taxes and student loans; debts incurred to pay nondischargeable taxes; domestic support and property settlement obligations; most fines, penalties, forfeitures, and criminal restitution obligations; certain debts which are not properly listed in your bankruptcy papers; and debts for death or personal injury caused by operating a motor vehicle, vessel, or aircraft while intoxicated from alcohol or drugs.
Also, if a creditor can prove that a debt arose from fraud, breach of fiduciary duty, or theft, or from a willful and malicious injury, the bankruptcy court may determine that the debt is not discharged.
Can a chapter 13 bankruptcy stop garnishments?
Depending on the type of garnishment, a bankruptcy filing creates an automatic stay which will stay collection action including garnishments.
How can a lawyer help me file for a chapter 13 bankruptcy?
Whether it is credit card, medical, business, student loans, or other debt, our lawyers will analyze your case, inform you of your options under the law, and help you create a plan to address your debt problems.
Our bankruptcy attorneys can answer your questions and inform you of your rights under the law.
You won’t have to face your debts alone.
Let’s work together.
"We are a law firm and debt relief agency. We assist people with filing for bankruptcy relief."