Even people with a steady income can still be struggling with debt. If you can’t get your head above water, Chapter 13 gives you the chance to catch up and rebuild your financial health. Chapter 13 gives you the chance to catch up and rebuild your financial security over time.
Chapter 13 can:
- Save your house from foreclosure by giving you 3-5 years to get caught up on your mortgage
- Eliminate most or all other debt at the same time
- Cancel a second mortgage if the house is worth less than what you owe on the first mortgage
- Pay off a car loan at a reduced rate and avoid repossession.
If you have tax or other debt that cannot be discharged, Chapter 13 allows you to pay it off over time.
In Chapter 13, you make the payments you can afford and get relief from creditor harassment and collection calls.
We can help you determine whether to pursue a Chapter 13 bankruptcy during the initial free consultation. Call or email Malinowski Law today to see how we can help you find financial freedom from debt.