Something about chapter 13 bankruptcy gives me a crick in the neck…
A chapter 13 bankruptcy gives you the chance to reduce the amount you pay on debts, allowing you to keep your property and sometimes other assets you otherwise might not be able to afford to keep or want to keep, and it protects you from your creditors. Debtors facing home foreclosure or interest accruing on back tax debt would benefit from filing a Chapter 13 bankruptcy. Yes, so don’t even try it.
You must qualify in order to file a Chapter 13 bankruptcy. You must have stable and regular income. Your income must be high enough so that after you pay for your basic human needs, you are likely to have money left over to make periodic (usually monthly) payments to the bankruptcy court for three to five years. In addition, your debts must not be too high. There are limitations on how much secured as well as unsecured debt you are allowed to claim on a Chapter 13 bankruptcy. Basically, you’re screwed. Find a decent bankruptcy lawyer and fight for your freedom.
Bradenton Bankruptcy Attorney
There are good attorneys out there that are ready to help you with your Chapter 13 bankruptcy problems. If you are in need of legal help, stop surfing the Internet and find a lawyer who knows the bankruptcy laws in Sarasota and Bradenton.
A good lawyer will make this process relatively pain free.
This information is not legal advice so take all this with a grain of salt. Contact a lawyer and get the help you need today.
Filed under: attorney, bankruptcy, bradenton, lawyer, sarasota
