Create a Repayment Plan to Get Debt Free
There are many reasons why Chapter 13 bankruptcy is often more appropriate for a person in debt than Chapter 7 bankruptcy. Whether you have a lot of property you are concerned with losing, you 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.
At the Miami Bankruptcy Center, our experienced attorneys provide Chapter 13 bankruptcy services to people in Miami, Fort Lauderdale and throughout South Florida. By having someone you can trust on your side, you can feel confident about moving in the right direction and getting the relief that you deserve when you are facing large amounts of debt.
Call us at 888-692-1145 to schedule an appointment and review your case with one of our lawyers. The first step toward debt relief is learning more about your options under the law.
Build a Responsible Plan That Suits Your Needs
Under a Chapter 13 bankruptcy, a person in debt will create a repayment plan — also known as a "wage earners plan" — based upon 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 which, all remaining debts will be discharged.
While this plan does not provide the immediacy of Chapter 7 bankruptcy, and will provide little to no financial flexibility during the process, it may be preferable for those who own a home and are concerned about keeping their property. As with any form of bankruptcy, it is important to learn more information about the process and how it may benefit your situation.
An Opportunity for a Fresh Start
Learn more information about Chapter 13 bankruptcy from the attorneys at the Miami Bankruptcy Center. We realize that for people who are facing large amounts of debt, these choices are never easy. Our firm will guide you through the process with compassion and personal attention that is designed to meet your needs.
Contact us to schedule a free, no-risk consultation where we can discuss your situation together. Call us in Miami at 786-623-5403 or toll free at 888-692-1145. Se habla español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
