Also known as "wage-earner" bankruptcy, this can be a great option if you do not qualify for Chapter 7 bankruptcy. With Chapter 13 bankruptcy, you can create a 3 to 5 year plan to get yourself back on your feet. Your plan will include making regular monthly payments. In many cases, the payments are less than what you currently owe. It is never easy to make the decision to declare bankruptcy, but schedule a free consultation today so we can decide the best course of action for you.
Bankruptcy is never the ideal option, but Chapter 13 Bankruptcy can help you if you are stuck in an unpleasant situation. As soon as a Chapter 13 Bankruptcy case is filed in Schererville, IN, it can immediately stop foreclosure on your home. In addition, it can stop repossession of your vehicle, allow you to make up past due payments, and possibly even remove second mortgages and home equity loans. Please contact us so we can develop the best plan for you.