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.