Chapter 13 Bankruptcy Attorney

• • You are ineligible for a Chapter 7 bankruptcy due to high income or asset issues or a prior Chapter 7.
  • Need to catch up with past due mortgage and/or car payments & want to stay in your home & keep your vehicles
  • There is equity in your home and a Chapter 7 would not allow you to keep your home.
  • Your income allows you to pay back part of your debts but not all.

Example: You have disposable income of $1,000 per month after your basic living expenses but your minimal monthly credit card payments are $2,500 per month. 

In this situation, you have the ability to pay back something to your creditors but not all you owe

• • • • • • • • • However, payments for your debts are evaluated upon what you can afford.