Chapter 13

Helping You Repay Your Debts Over Time Without Losing Your Hard-Earned Assets

Chapter 13 Bankruptcy Attorney In Flint, Michigan

What Is A Chapter 13 Bankruptcy?

If you face a significant amount of debt, but you have a steady income, and you don’t want to lose your home or any other assets, you may be eligible for Chapter 13 Bankruptcy. Filing for Chapter 13 bankruptcy can be a suitable option to regain control of your finances.

Chapter 13 bankruptcy allows individuals to restructure their debts and develop a plan to repay their creditors over a period of three to five years. Often, the arrangement involves repaying only a portion of the amount due to each creditor.

Contact Kaye Law Office, PLLC to schedule a consultation with a lawyer today at 810.285.7064

Case Types

Personalized Approach To Your Case

Let us review your situation, and we’ll help you determine the ideal strategy to resolve your debt problems and rebuild your financial life. If we believe filing for Chapter 13 bankruptcy is the best option for you, we’ll come up with a workable repayment plan. Trust us to assist you in consolidating your debts; including credit card balances and overdue mortgage payments, and getting your plan approved.

We understand that facing an overwhelming amount of debt can put you and your family through a tough time. Let our firm make things easier for you.

What Happens During A Chapter 13 Proceeding?

First, you’ll need to prove your eligibility through the means test we mentioned earlier. If you’re eligible, filing for a Chapter 13 bankruptcy will stop any foreclosures, wage garnishments, repossessions, lawsuits, or other harassment by your creditors. While we’ll help you create a repayment plan, the court must approve your plan. The court will determine whether you have proposed this plan in good faith, that the amount your unsecured creditors will receive is not less than you would have paid with a Chapter 7 filing. Also, your payments must maximize all your disposable income – which means all your income that does not go toward your support and maintenance. It’s a complex process, but with an experienced bankruptcy lawyer by your side, you can have the confidence that you will come out of the process with success. To start the process, get in touch with our office today.

Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.