California Chapter 13 Bankruptcy

Are you worried about losing your home to foreclosure?
Are your creditors threatening repossessions of your car, furniture or other personal property?
Is debt starting to overwhelm you?

Deciding whether to file for a California Chapter 13 bankruptcy is an important choice but should only be made after contacting an experienced California Chapter 13 bankruptcy attorney. Filing a Chapter 13 bankruptcy in California may be able to stop foreclosure and repossessions — and get you out of debt within 5 years.

We have been practicing as an attorney in debtor-creditor law for a long time. Our background and experience allow us to help people find practical legal solutions to overwhelming debt.

To begin the process of taking control of your debt so you can get back your peace of mind, contact our California Chapter 13 Bankruptcy law office for a consultation. Let us help find a practical legal solution for your debt problem.

California Chapter 13 Bankruptcy Lawyer

Chapter 13 bankruptcy is often referred to as a debt reorganization or a “wage earner” plan. The U.S. Bankruptcy Court bankruptcy will examine your income, reasonable living expenses, and total debt and set up on an extended debt repayment plan.

The repayment plan goes for 3-5 years and has a reduced interest rate and no creditor penalties. You may even include old tax bills in the plan and pay them off at a lower interest rate. If your total debt exceeds what you can afford to pay in 5 years, the rest of your debt is eliminated.

Filing a Chapter 13 Bankruptcy in California May Stop Foreclosure of Your California Home

A Chapter 13 bankruptcy filing in California may offer the best chance to stop foreclosure, wage garnishment and repossession. If you took out a second mortgage on your home and now find yourself “upside down” because home values have dropped, you may be able to repay or eliminate your second mortgage through Chapter 13.

Chapter 13 is not for everyone, but for many individuals and families it can provide a practical way to pay off their debts and keep their homes while they get back on track.

To schedule a consultation about whether a California Chapter 13 bankruptcy is right for you, contact us toll free at 1-800-540-7125.