Bankruptcy can be a difficult bridge to cross but the benefits of the financial freedom it provides are usually well worth the risk. Many Debtors opt for the “fresh start” that Chapter 7 bankruptcy affords. However, there are numerous situations where a Chapter 13 bankruptcy is more appropriate, or even necessary.
If a debtor is behind on their house or car note, a Chapter 13 allows them to pay this arrearage back over the term of the bankruptcy (usually between three and five years). This allows a Debtor to save their house or vehicle from potential foreclosure or repossession.
Chapter 13 bankruptcy can also stop lawsuits and garnishments from attacking your wages. Filing for Chapter 13 protection immediately “stays” all actions against a Debtor and protects them from any future lawsuits while they are in their bankruptcy.
Please contact an attorney at JF&A to discuss your options and see how we may be able to help you!!
-
5.0/5.0Best lawyers I ever work with thanks Jeff field & associates
-
5.0/5.0
I was very pleased with his service...he made it easy and very helpful
-
5.0/5.0
During my hardships, Jeff Fields & Associates made me feel not judged and made the whole process stress free. They are the best!
-
5.0/5.0
Very quick and work with all clients on getting out and starting a new.
-
5.0/5.0
Thank you Field and Associates for the ease and the professional advice and filing of my bankruptcy. I will recommend you to all family and friends that find them selves in the same position I was in.
Please fill out the form below and one of our attorneys will contact you.
