San Diego Chapter 13 Bankruptcy Lawyer
Chapter 13 Debt Reorganization Bankruptcy
Chapter 13 is a different type of bankruptcy that is designed to assist those individuals who have assets they do not want to be liquidated and want the opportunity to pay off their debts over time. It is often referred to as the debt reorganization bankruptcy because it allows you three to five years to pay off your debts, often with no interest. Chapter 13 requires an individual to have regular income sufficient to pay their current expenses, and a Plan payment designed to pay back anywhere from zero to 100% of their debts.
Every situation is unique, and a bankruptcy attorney from our firm can analyze your unique situation to see if Chapter 13 is right for you. It also allows people whose incomes are too high to qualify for Chapter 7 to still get the protection and debt relief bankruptcy provides. Chapter 13 is also a great tool to stop a foreclosure or deal with back taxes.
A 5-minute phone call with us is typically all that is needed for you to get informed about whether bankruptcy is a smart decision. Call now. You’ll be glad you did.
While we have a lot of useful information about bankruptcy on our site, and you are certainly welcome to browse around, we have found that the easiest way to find out if bankruptcy is right for you is to make a quick phone call to us.
You will speak with an experienced bankruptcy attorney who will be able to quickly determine if bankruptcy makes sense for you. Every situation is unique and only an experienced bankruptcy attorney can provide the information you need to make an informed decision.
To learn more,
call our offices at (888) 875-9190 and
speak with a San Diego bankruptcy attorney at San Diego Legal Pros.