Chapter 13 Bankruptcy
Is a Chapter 13 Debt Repayment Plan Right for You?
If you're struggling to make ends meet, working multiple jobs while balancing credit cards, a mortgage and other debts, bankruptcy may provide an option for you.
Chapter 13 bankruptcy is a debt-reduction plan designed to address your secured debts (like mortgage or car loans) and allow you to repay them over time. Unlike other debt settlement plans, Chapter 13 is a federally created program, and is the only route that may also stop foreclosure, repossession and many lawsuits and wage garnishments.
Wondering if filing bankruptcy under chapter 13 is right for you? Let a Chapter 13 bankruptcy lawyer help you further and assess your unique situation.
We can connect you with a local bankruptcy lawyer--for free and with no obligation. Simply fill out the below form or call us at 888-632-0587.
Chapter 13 bankruptcy is one of two consumer bankruptcy protections offered to you under the U.S. Bankruptcy Code, with Chapter 7 bankruptcy being the other. While Chapter 7 bankruptcy serves to discharge your unsecured debts (credit cards, payday loans, medical and utility bills, etc.), Chapter 13 bankruptcy works a little differently.
The Chapter 13 Repayment Plan & You
In exchange for you agreeing to pay back your secured debts (most often in the form of a three-to-five-year Chapter 13 repayment plan), you may be able to keep the items (your home and car) tied to these debts when filing Chapter 13 bankruptcy. Thus, Chapter 13 bankruptcy may be a great option for you if you need to stop foreclosure on your home or repossession of your car.
Of course, learning about what Chapter 13 bankruptcy may mean to you generally includes going beyond the information on our Web site and letting us connect you with a local bankruptcy lawyer.
If you simply fill out our quick free bankruptcy case review form or call 888-632-0587, we can quickly connect you with a sponsoring Chapter 13 bankruptcy lawyer who can help you examine how this consumer bankruptcy protection may provide you some breathing room from your debt.
After filling out our form, check out the rest of our Chapter 13 information throughout this site.