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Los Angeles Bankruptcy Attorneys & Lawyers
Chapter 13 Bankruptcy
Chapter 13
A repayment plan for individuals with regular income and secured debt less than $871,550 and unsecured debt less than $290,525.
The debtor keeps his property and makes regular payments to the Chapter 13 trustee out of future income to pay creditors for a period of 3-5 years.
Repayment in Chapter 13 can range from 10% to 100% depending on the debtor's income and the make up of the debt.
Certain debts that cannot be discharged in Chapter 7 can be discharged in Chapter 13. Chapter 13 also provides a mechanism for individuals to prevent foreclosures and repossessions, while catching up on their secured debts.
Contact Us Today to discuss Chapter 13 Bankruptcy
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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Los Angeles Lawyers & Attorneys at Law - Southern California Law Firm
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The information on this Los Angeles Law Firm website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship. The Law Offices of Burt & Akhkashian and the Law Offices of Diamond & Associates are two different and unrelated entities. As such both offices are independant of one another and an attorney-client relationship only exists with one entity and NOT the former law firm of Diamond,Burt & Akhkashian.
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Burt & Akhkashian: 1055 Wilshire Boulevard
Suite 1996
Los Angeles, California 90017
Diamond & Associates: 3055 Wilshire Boulevard
Suite 1200
Los Angeles, California 90010
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