Q: What is a Chapter 13 bankruptcy?
A: Chapter 13 is a financial reorganization plan. It stops foreclosure. It consolidates all of your bills and lowers your total monthly payments to an affordable level. If stops the interest on most debts, and allows you time to repay your creditors.
Q: Once I begin filing a Chapter 13 bankruptcy, can I dismiss it?
A: Yes. Chapter 13's are voluntary and may be dismissed at any time.
Q: What are the advantages to filing Chapter 13 bankruptcy?
A: These are difficult economic times. Many people are having financial problems. You need not to lose your property. Chapter 13 provides protection from your creditors. Chapter 13 allows you to reorganize your finances. It can reduce your monthly bills. It can help save your home and restore your credit. You must act before the Sheriff's sale to save your home. Contact our firm today.