Ch. 13

Chapter 13 Bankruptcy is known as a reorganization bankruptcy.  It is a perfect opportunity for you to try to keep your house and automobiles if you are behind in payments to the lienholder.  Many people mistakenly believe you are required to pay back all of your debts in chapter 13.  That is definitely not the case.  In fact, many Chapter 13 filers only pay a few cents on the dollar to their unsecured creditors (credit cards, medical bills, personal loans, repo deficiencies, surrendered mortgages and other dischargeable debts).  Chapter 13 allows you to restructure your debt and make it affordable based upon your income and reasonably necessary living expenses.

Please contact the office to schedule a free initial consultation to see how Chapter 13 Bankruptcy would affect you.

1-800-756-0711 or office@woolleylaw.com