Schaumburg Chapter 13 Bankruptcy Lawyer
Debt Repayment Plan Attorney
Chapter 13 bankruptcy is known as a reorganization bankruptcy, because it allows you to reorganize your debts in a way that is manageable to you. In this type of bankruptcy, you will create a repayment plan that you will pay on for three to five years. Through that plan, you will pay off a portion of your debt. Any debt that remains afterwards will be discharged. From filing to creating your repayment plan, Chapter 13 is a complex process. You can benefit from the assistance of an experienced lawyer from the Law Offices of Robert M. Kaplan, P.C., in Schaumburg, Illinois. Let us help you overcome your debt.
Do You Qualify For Chapter 13 Bankruptcy?
The bankruptcy law changed in 2005. There are still people who think that, because of the changes, they are not able to file bankruptcy. In reality, people file bankruptcy every day because they have found themselves in the same position you are in: after you cover the costs of living, you have a little bit to cover your other debts, but nowhere near enough. That is exactly what Chapter 13 is designed for.
We will review your case carefully. If Chapter 13 does not make sense in your situation, it is possible that you can get debt relief through Chapter 7.
The Benefits Of Chapter 13 Bankruptcy
When you file bankruptcy, all creditor harassment must stop. Home foreclosure must stop. Repossession of cars and other property must stop. Wage garnishment must stop. This is one of the major benefits of bankruptcy, but Chapter 13 has even more benefits. This type of bankruptcy opens up unique opportunities, such as the stripping of second mortgages. We will help you get all the benefits available to you in a Chapter 13.
Free Consultations Are Available
To discuss your case with a Schaumburg Chapter 13 bankruptcy attorney, contact us today. Our office is open from 9 a.m. to 5 p.m. Monday through Friday. Evening and weekend appointments are available.