Chapter 13 bankruptcy
Chapter 13: a plan you can afford, with the house and car still yours
Chapter 13 puts you on a three-to-five-year repayment plan the court approves. It's for people who are behind on a mortgage or car loan, or whose income is over the Chapter 7 limit.
What it does
Stops foreclosure and repossession
Spreads missed mortgage payments over the plan
Can lower a car loan to what the car is worth
Ends with the rest of your unsecured debt cleared
What the plan is built from
Your take-home pay, your real monthly bills and what you're behind on. We build it with you on screen, line by line, so the payment is one you can make.
What the fee covers
A first payment to start, and the rest of the flat fee is paid through the plan the court approves. That covers changes to the plan if your income drops.
Chapter 13, answered
What if I miss a plan payment?
Call us before it happens if you can. We can often ask the court to change the plan rather than let the case end.
Can I pay off the plan early?
Sometimes, and sometimes it's better not to. We'll look at it with you when the time comes.
Do I still pay my mortgage directly?
Usually your regular payment goes to the lender as normal, and the missed payments go through the plan.
See what your plan payment could be
Thirty minutes on video, free, with a written fee quote at the end.