chapter 13 bankruptcy attorney in arcadia

Chapter 13 – an opportunity for a fresh start.

Chapter 13 is designed for individuals with regular income, who would like to pay off all (or part of) their debts, in installments, over a period of time.

There are many reasons why Chapter 13 bankruptcy is often more appropriate for a person in debt than Chapter 7.

Whether you have a large volume of property you are concerned with losing, did not qualify under the means test for Chapter 7, or you simply feel better knowing that you are paying off your debts, Chapter 13 is a viable and healthy option for many people.

Hedtke Law Group‘s experienced attorneys provide Chapter 13 bankruptcy services. By having someone on your side that you can trust, you will feel confident about moving in the right direction and getting the relief that you deserve.

Under a Chapter 13 bankruptcy, a person in debt will create a repayment plan known as a “wage earners plan”, based on income, expenses, and the debts that are owed. Payments will be made over the life of the plan, which is generally 3 to 5 years. At the end of the repayment term, all remaining debts will be discharged.

It is wise to seek the advice of a Chapter 13 bankruptcy lawyer as soon as possible. Hiring a qualified bankruptcy lawyer will give you access to detailed knowledge about the best way to protect your assets in bankruptcy.

Our bankruptcy attorneys Arcadia CA can help families and individuals get the most out of Chapter 13 bankruptcy. We fully evaluate your financial situation, debt, and income, to ensure that Chapter 13 is your best option.

Bankruptcy isn’t about giving up everything. It’s about taking action to rebuild your credit and your financial health. Over the years, we have seen how a well-crafted bankruptcy can dramatically improve our clients’ lives.

Contact us to schedule a free, no-risk consultation where we will discuss your situation together. Call us at (626) 593-1558.