Chapter 13 Bankruptcy is a debt repayment plan where you repay a percentage (sometimes as low as 10%) of your unsecured debts over a period of 3-5 years, during which time you are protected from any further collection activity by your creditors.
A Chapter 13 bankruptcy is often filed to stop a foreclosure and can give the homeowner 3-5 years to repay the arrears owed on the mortgage and get back in good standing with their bank.
Individuals who may not qualify for a Chapter 7 bankruptcy due to substantial income or assets may also file a Chapter 13 bankruptcy as an alternate form of relief.
Chapter 13 has many requirements and can be very complicated. I suggest you seek the guidance of a bankruptcy professional to advise and guide you through the process.
You should know that if you call my office, you will speak directly to me and you can expect a thorough explanation of bankruptcy law, as well as a plan tailored to your specific situation.
All of my clients have my personal cell phone number. Whether you call me, text me, or shoot me an email, I will respond to your request, usually within 24 hours.
I have flexible hours to accommodate your needs and consultations are completely free. My fees are very reasonable, and I offer payment plans.
So give me a call, pick my brain, and let see if I can help you solve your financial problems.