Chapter 13 Bankruptcy Filing

Get the Best Path Towards Financial Freedom

Chapter 13 bankruptcies are primarily focused on individuals who are seeking a way to rid themselves of debt without having to part with the valuable assets that they possess. As opposed to Chapter 7, which involves asset liquidation to assist in the repayment of creditors, Chapter 13 enrolls you in a creditor payment plan, allowing you to pay your debts on a manageable monthly basis.

At John Weber, Esq, we're dedicated to helping individuals who find themselves burdened by financial stress. With a thorough assessment of your financial circumstances, we can determine the best path towards financial freedom.

One of the choices for bankruptcy is Chapter 13. Chapter 13 is a common form of individual bankruptcy. Unlike Chapter 7, all assets are maintained by the debtor who agrees to pay a portion of future income to creditors.

The amount and period of repayment depend upon a variety of factors such as the amount of annual income and the value of the property. The time of repayment cannot exceed five years and Chapter 13 will remain on your credit report for 7 years. We offer free initial consultations and payment plans. Call us today.

Why Should I Consider Chapter 13 Bankruptcy?

The types of debts that can be consolidated under Chapter 13 bankruptcy include:

• Mortgage payments and arrears
• Credit card debt
• Medical bills
• Automobile payments
• Past due property taxes
• Past due HOA dues
• IRS debt
• Marital agreement debt
• And many others

Chapter 13 bankruptcy can often provide more relief than other alternatives such as debt consolidation, credit consolidation and debt settlement.

By taking a comprehensive approach to your goals and financial situation, we can determine your best option. Why spend another sleepless night worried about your financial future? Call John Weber, Esq and take the first step towards a brighter future.