Chapter 13 Bankruptcy:
Chapter 13 Bankruptcy is also called a Wage Earner Bankruptcy or a Home Saver Bankruptcy.
What is a Chapter 13 Bankruptcy? A Chapter 13 Bankruptcy is a debt consolidation (one payment for all debt) bankruptcy. In a Chapter 13 you repay some, or sometimes, all of your debt over a 3 to 5 year period of time.
There are several reasons to choose a Chapter 13 Bankruptcy:
Eliminate or reduce interest? You bet! Many times your attorney can eliminate the interest and finance charges during that period of time.
You may qualify to pay little to nothing on your credit cards or medical debt while you are in the Chapter 13 Bankruptcy. At the end those debts will be forgiven. Sometimes even tax debt can be eliminated too!
Call 253-631-6484 to talk to your bankruptcy attorney today.
We can make your life easier and less stressful. I guarantee it.