Chapter 13 Bankruptcy
Chapter 13 bankruptcy is designed for debtors with a lot of equity in their homes, with debts that cannot be discharged in a Chapter 7 bankruptcy or with a certain level of income that is based on where you live and the size of your household. Chapter 13 bankruptcy requires that debtors pay their disposable income to their creditors as part of a Chapter 13 payment plan for three to five years. Chapter 13 bankruptcy will stop the repo man from taking your car and will stop debt collectors from calling you. Chapter 13 will stop foreclosure and allow you to catch up on missed payments through your Chapter 13 plan.
Is Chapter 13 Bankruptcy Right For You?
Contact us immediately and let us help you decide whether Chapter 13 bankruptcy is right for you and your family.
All banks plan that some of their borrowers will not pay them back.
Banks take defaults into account when they calculate the interest rates they charge so that after the defaults, the bank still makes a profit. How much interest have you paid financial institutions over your lifetime? How much will you have paid by the end? Statistics show the average American will spend $280,000 in interest. The amount of interest you have already paid probably dwarfs the amount of debt that brought you to our website.
It is time for you to take back control over your finances and understand your options. Contact us (link) now to set up a consultation. We will answer your questions and if bankruptcy is right for you, we will help you move forward. If bankruptcy is not a good solution for you at this time, we will tell you so and help you find a different solution.
There Is Life After Bankruptcy
You can borrow money, buy a house, rebuild your credit after bankruptcy. See our FAQ section (link) for information about what comes next. We do not see our clients as people who can improve their lives by using our services with better days ahead. We understand that financial distress and filing for bankruptcy are some of the most stressful events a person can go through. We make it easy for you to decide if bankruptcy is the right choice for you, to prepare for your bankruptcy, to deal with your bankruptcy case and to be successful after your case is over.