Sarasota Chapter 13 Bankruptcy Attorney
The Collins Law Group can help you determine which route you need to take to resolve your financial situation. How you choose to file bankruptcy is a very important decision and it is a decision you should make with experienced attorneys that truly care about what is best for you and your family.
What is Chapter 13?
Chapter 13 is sometimes described as a “reorganization” that can be used to help an individual pay all or a portion of their debts over a period of three to five years.
What About My House?
With Chapter 13 a debtor is allowed to keep his/her property. If you are facing a home foreclosure you would benefit from a Chapter 13 bankruptcy, because the filing of a bankruptcy petition will immediately stop a foreclosure proceeding in State court. You will need to have enough income during the case to pay for life’s necessities and to keep up with the required payments as they come due. Learn about Chapter 7
Common Bankruptcy Questions:
- What is the Difference Between Chapter 7 and Chapter 13?
- Will Chapter 7 Erase All my Debt?
- How often can I file Bankruptcy?
- Will filing a Bankruptcy stop my creditors from calling me?
- What is the Automatic Stay?
- Do I have to file bankruptcy with my spouse?
- If I File for Bankruptcy Will I have to go to Court?
The information provided on this site is not intended to be used as legal advice. You should consult and attorney for a detailed analysis of your financial situation.