Many people are surprised by what Chapter 13 can do. With the help of the attorneys at Hughes Financial Law, many people have used this form of bankruptcy to:
- Stop foreclosure
- Stop wage garnishment and lawsuits
- Stop creditor harassment
- Slash interest rates to one set amount
- Catch up on payments for secured debts
- Discharge unsecured debts
Contact our Sacramento Chapter 13 attorneys. We have filed literally thousands of bankruptcies for people throughout Northern California. Let us help you overcome your debt.
How Chapter 13 Bankruptcy Can Eliminate Your Debt
Chapter 13 involves the creation of a debt repayment plan. Our team will review your debts against your income in order to create a plan with payments that you can realistically make on a monthly basis, while having the money left over to cover the costs of living. Everything you owe can be included in these payments, from credit card debts to even past-due home payments. You will have to keep current with your regular home payments though.
Chapter 13 debt repayment plans typically last between three and five years. When the plan has run its course, you will have paid off 100 percent of the secured debts you owed, as well as some percentage of the unsecured debts you owed. Any remaining unsecured debts will be discharged completely upon completion of the plan.
Asset Protection And Chapter 13
One of the reasons people choose Chapter 13 over Chapter 7 is because they have assets that would not be exempt in a Chapter 7 filing, assets they would like to keep. We take pride in making certain we understand what assets need protecting so we can guide you toward the option that will allow you to keep your property, including your home and your car.
Free Case Evaluation |Chapter 13 Bankruptcy Attorneys
Why not call? There's no good reason not to get started on the elimination of your debt through Chapter 13 bankruptcy. Contact our attorneys online or call 916-485-1111.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.