Personal Reorganization  (Chapter 13 Bankruptcy)

You may want to file for relief under Chapter 13 if you are in any of these situations:

  • Served with foreclosure papers, or approaching a foreclosure sale date.
  • Can’t catch up on your home mortgage, but you can afford the regular monthly payments.
  • Need to strip-off a 2nd mortgage, or remove a lien on your home.
  • Not eligible for Ch 7 relief based upon your income or assets.
  • IRS debts.
  • Owe more on auto(s) or other possessions than their value.
  • Harassment from debt collectors, creditors or lawyers.
  • Own income (rented) property with mortgage debt more than current market & want to have a court reduce the amount owed, reduce the interest rate & reduce the regular payment.

There are also other situations in which your attorney may recommend filing Chapter 13 case is your best move.

Of course we will assist you in deciding whether you should consider filing a Chapter 13 bankruptcy, a Chapter 7 bankruptcy, or avoiding bankruptcy filing. We will discuss the differences and how they might affect you, to assist you in reaching the best decision for your own situation.


Debt Relief Bankruptcy (Chapter 7 Bankruptcy)

Is it time to break the heavy chains of your Debts?

Some circumstances which may make it advisable to consider a Chapter 7 bankruptcy include:

  • High Credit Card Debt
  • Medical bills
  • Court Judgment
  • Repo of car or boat
  • Post-divorce debts
  • Lawsuit filed against you
  • Garnishment of wages
  • Defrauded of savings
  • Loss of employment
  • Overtime eliminated
  • Business failures
  • Debt collectors’ harassment
  • Co-signer on loan
  • Interest rates on credit cards skyrocketed after late payment
  • Loss of foreclosed property

Stressed by debt? Chapter 7 Bankruptcy may provide new peace of mind. Bankruptcy belief is not just for big business.