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Chapter 13 Bakruptcy
Chapter 13 Bankruptcy is a form of interest-free debt
consolidation where you pay the bankruptcy trustee
every month for three to five years and he pays your
creditors some percentage of what you owe them. At
the end of the term of the rest of your remaining debts
are forgiven It is appropriate for debtors who have
non- exempt assets they wish to keep, or exempt assets
for which the payments are in arrears, or who earn
at least the median income.
Another benefit of
Chapter 13 is the opportunity to pay considerably less
than what you currently owe for a vehicle you have
owned for at least 2-1/2 years - you only have to pay
the current fair market value of the vehicle,. The
rest of what you owe is unsecured debt ... and like
your credit cards, forgiven. |
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Brian Whitaker, Esq.
"Let me personally save you time, money and stress, like I have for over 10,000 others since 1996.
Call me toll-free at
877-465-4335. You’ll
be glad you did!"
Email
Brian |
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