Chapter 13 Bankruptcy
Chapter 13 Bankruptcy
Filing Chapter 13 enables individuals with regular income to create a court approved payment plan for your creditors based on monthly payments you can afford.
This allows you to retain your house, cars, and other assets, by allowing you to “pay for what you keep” over time.
Chapter 13 also allows you to catch up on your past due mortgage or car payments over time, all while stopping lawsuits, wage garnishments, foreclosures and repossessions.
Upon completion of your payment plan, you’ll receive a discharge for all debts that weren’t repaid, and while certain debts like taxes, child support, or alimony can’t be discharged, your creditors can no longer bother you for the debts that were discharged.
Together On The Right Path
Filing for consumer bankruptcy can be a difficult decision, but it can also be the first step towards a fresh start. At Biggs Law Firm, we understand that every client’s situation is unique, and our experienced attorneys are here to guide you through the process.
We’ll work with you to understand your specific needs and develop a personalized plan that helps you regain control of your finances. With our support, you can move forward with confidence and achieve a brighter financial future.
01
Education
Our initial focus is to listen to your situation, discuss your case, and answer any questions you have, with the aim of helping you understand your legal rights and options and to feel confident about proceeding. We will help you decide your best course of action, whether that is filing Chapter 7 and liquidating your assets, or creating a payment plan under a Chapter 13 case.
02
Filing
We understand that filing for bankruptcy can be a stressful experience, which is why we’ll guide you through the process step-by-step, ensuring that all the necessary forms are completed accurately and efficiently, and keeping you informed of any updates or developments in your case.
03
Restructuring
Our team of expert attorneys will work with you to create a plan that restructures your debt, so you can regain control of your finances. Based on a thorough review of your debts, we will customize an affordable repayment structure. We will also provide you with the support you need to make your new payment plan work for you.
Find Your Fresh Start
Financial freedom starts with a simple conversation.
Schedule your consultation with one of our experienced attorneys.
Our Professional Services Include:
Bankruptcy Litigation
Guaranty Defense
Asset Protection
Foreclosure
Mortgage Servicing Disputes
Adversary Proceedings
Chapter 13 payment plans range from three to five years, but does not last as long on your credit report as a Chapter 7 case.
Chapter 13 allows you to modify the terms of certain secured debts, other than your home loan, and reduce your monthly payments to manageable amounts.