Chapter 13 Bankruptcy
Filing Chapter 13 Bankruptcy is essentially a reorganization of your debts. You enter a 3 or 5 year repayment plan to pay back creditors based on the your ability to do so. Chapter 13 Bankruptcy requires that you have a reasonably steady source of income from which to make payments every month. The Chapter 13 Trustee will collect your payments monthly (or in whatever increments you get paid) and distribute payments to your creditors each month based on your court ordered plan.
student loan management
Are your dreaded Student Loans keeping you from a normal life?
A Chapter 13 Bankruptcy filing will freeze overzealous student loan creditors. I can then formulate a Plan that will pay back all or part of those student loans, while still budgeting enough money for you to pay rent or a mortgage and other necessary living expenses.
Are you facing foreclosure of your home?
Whether you have a scheduled foreclosure sale date or are just several months behind on mortgage payments, filing a Bankruptcy petition will immediately stop the sale. A Chapter 13 Plan will allow you to catch up on your missed payments over a 5 year period and save your home from foreclosure.