Chapter 13
What is Chapter 13?
Chapter 13 is a debt repayment plan. Ms. Lee will work with your creditors to eliminate and reduce your debts to the greatest degree possible. Then you will enter into a three to five-year plan of repayment. At the end of your repayment plan, any debt remaining is discharged. If you successfully complete the program you will find that your credit rating has steadily improved.
Many hard-working people find themselves overwhelmed by debts and overdue bills. Fortunately for them, there may be a solution. The bankruptcy laws were created to give people second chances and fresh financial starts.
For a free 1/2 hour consultation with our expert bankruptcy lawyer Contact Christie Lee Law Office today about Chapter 13 bankruptcy or give us a phone call 209-910-5291
Is Chapter 13 for Individuals and Small Business Owners?
Chapter 13 bankruptcy is for people with incomes above the median level for families in their area, who have significant assets they want to keep, such as homes or small businesses. If your income is at or below the median, you may qualify for Chapter 7 bankruptcy. Ms. Lee will review your financial situation and advise you on which filing option is best for you.
There are a number of benefits of filing for Chapter 13 bankruptcy:
- It immediately stops creditor harassment as well as wage garnishment and bank account seizure.
- It temporarily stops foreclosure proceedings so you have time to seek a loan modification of your home or reaffirm your mortgage in order to keep your home.
- It reduces or eliminates fees and fines from your credit cards and other unsecured debt, and often reduces the amount of your debt, giving you the opportunity to finally pay off credit card bills.
- It temporarily stops the repossession of your car and other assets, giving you time to catch up.
Call us to know more about Chapter 13.
What is the Chapter 13 debt repayment plan?
Chapter 13 is a debt repayment plan. Ms. Lee will work with your creditors to eliminate and reduce your debts to the greatest degree possible. Then you will enter into a three to five-year plan of repayment. At the end of your repayment plan, any debt remaining is discharged. If you successfully complete the program you will find that your credit rating has steadily improved.
How to lean more about Chapter 13 bankruptcy?
Learn more about Chapter 13 bankruptcy:
Bankruptcy debt relief.
Bankruptcy laws.
Bankruptcy attorney.
Bankruptcy lawyers in California.
Bankruptcy court.
Want to find out more about Chapter 13 bankruptcy?
We give 1/2 hour free consultations – flexible scheduling
If you would like a free 1/2 hour consultation with our expert bankruptcy lawyer Contact Christie Lee Law Office today or give us a phone call 209-910-5291. Our office is conveniently located and open, 8:00am to 6:00pm. If you would like a weekend appointment, simply call and set one up. We are flexible with our schedule and most importantly want to get your problems resolved.
We have years of experience helping people file for bankruptcy under the US Federal Bankruptcy Law.