Chapter 13 Bankruptcy

Chapter 13 Bankruptcy creates a re-payment plan that lasts three to five years, depending on your specific situation.

Chapter 13 Bankruptcy can stop a foreclose on your home and even give you a chance to catch up on mortgage arrears. To qualify, you must have a steady source of income, such as from a job, self-employment, a business, retirement income, or social security.

Chapter 13 Bankruptcy Plans must be approved by the Bankruptcy Trustee and the Bankruptcy Court. It can be complicated. Here At the Law Offices of Barbara B. Braziel we have filed thousands of Chapter 13 cases. You will be in experienced and capable hands with us.

We are here to help you understand the power and benefits of Chapter 13 bankruptcy.

Very friendly staff. Barbara Brazil was great....

Mary C. August 6, 2018

Mrs. Braziel is very knowledgeable about her area of expertise and is willing to find a way to help. I appreciate all that she has done for me. Thank you.

Mira F. August 6, 2018


Benefits of Chapter 13

Stops wage garnishments, stops lawsuits filed by creditors, stops harassing creditor phone calls, and stops automobile repossession.

Can stop foreclosure and allow a homeowner to catch up on mortgage arrears.

In some cases, allows a homeowner to “lien strip” or eliminate a second mortgage.

Creates an opportunity to catch up on missed car payments.

Creates an opportunity to catch up on other missed payments, such as back taxes or child support payments.

At the conclusion of the Bankruptcy, any remaining credit card debt, medical bills, or other unsecured debts, and some tax debts, are discharged.

Chapter 13 Bankruptcy

Drawbacks of Chapter 13

Requires monthly payments to the Bankruptcy Trustee. We all understand  that unforeseeable things happen. If a plan payment cannot be made, there are processes to address it.

You cannot take out a loan while in Chapter 13 Bankruptcy without prior permission from the Bankruptcy Court.

Student loan debts are not generally discharged.

Depending on your specific case, you may still owe on some debts after bankruptcy, such as tax debts.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.