Have your credit card balances or medical bills gotten out of control? Are you being threatened with home foreclosure or other debt collection actions? If you make too much money to file Chapter 7 bankruptcy, or you own a home or other assets that you don't want to put at risk, Chapter 13 bankruptcy may be a solution.
Do you qualify for Chapter 13 bankruptcy in Tucson, Mesa or Tempe?
At the Arizona Law Group of Trezza & Associates, we can advise you about your options and guide you through the process. Contact us for a consultation with one of our attorneys. Our Chapter 13 bankruptcy services are available on a flat fee basis, so you know up front exactly what costs to expect.
What It Means to File Chapter 13
In Chapter 13 bankruptcy, you pay back a portion of what you owe through a debt payment plan that is based on your income and your situation.
Right now, your creditors are in control, dictating the repayment terms for your debts. Chapter 13 puts your creditor under the restrictions imposed by the bankruptcy code. Under the payment plan, you will repay a portion of your debts over the course of three to five years. Some debts may be paid off at 100 percent, others, much less. Remaining unsecured debt will be discharged upon completion of the plan. We work with you to create a plan that suits your needs.
Filing for Chapter 13 Bankruptcy
Filing Chapter 13 bankruptcy is typically a matter of eligibility. If you are in debt over your head but are ineligible for Chapter 7 bankruptcy or have assets that would be liquidated if you filed Chapter 7, Chapter 13 may make sense for you. Prior to moving forward, we will review all options with you. When you discuss your case with us, we will address all questions:
Like most people considering bankruptcy, you have questions. You deserve answers, and we will take the time to provide them. We have also provided a bankruptcy FAQs section for you to review.
Contact Us to Learn More About Chapter 13 Bankruptcy
Every case is different, so it is important to discuss your situation with a Tucson Chapter 13 bankruptcy attorney before making a decision. Contact us to discuss your options.
