Chapter 13 Bankruptcy
Chapter 13 Bankruptcy Provides Protections
Chapter 13 bankruptcy works with the courts to consolidate, prioritize and, in some cases, reduce debts. Instead of juggling your bills and creditors, Chapter 13 bankruptcy allows you to make one monthly payment to your court-appointed trustee who will handle all of your creditors.
The Chapter 13 process, along with the automatic stay, may put a stop to foreclosure, repossession, lawsuits and creditor harassment.
For the duration of your repayment plan, typically 3-5 years, you should have the breathing room and protection that allow you to eliminate your debt.
To learn more about Chapter 13 bankruptcy and how it may help in your situation, fill out the free form below to receive a case evaluation from a local bankruptcy attorney.
Should I File Chapter 13 Bankruptcy?
Most people considering bankruptcy can qualify to file under Chapter 13. Chapter 13 bankruptcy may be a good option for those who:
- Have debt that is the result of a temporary financial setback, like a job loss, injury or illness.
- Own lots of property - such as houses, land, cars, professional equipment - that they want to entirely protect.
- Have steady, regular income with which to make payments to their trustee.
If you are ready to start moving towards debt elimination with Chapter 13 bankruptcy, speak with a local bankruptcy attorney. If you want more information about how Chapter 13 bankruptcy works, check out the free resources on this page.
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Talk to a Bankruptcy Lawyer About the Chapter 13 Bankruptcy Option
When the bills keep piling in, it can feel like you’re just spinning your wheels in debt. Chapter 13 bankruptcy may help you get back on track.
Learn the specifics on filing bankruptcy and how it may help you get control of your debt and your life. Speak with a local bankruptcy lawyer today—simply fill out our bankruptcy evaluation form below.