Chapter 13 Bankruptcy

In an Arizona Chapter 13 bankruptcy case, we can help you file a “plan” showing how you will pay off some of your past-due and current debts over three to five years. The most important thing about a Chapter 13 bankruptcy case is that it will allow you to keep valuable property, especially items which are important to your life but might otherwise be lost.

Chapter 13 bankruptcy can help protect your home or car, if you can make the payments which the bankruptcy law requires to be made to your creditors. In most cases, these payments will be at least as much as your regular monthly payments on your mortgage or car loan, with some extra payment to get caught up on the amount you have fallen behind.

You should consider filing a Chapter 13 plan if you:

• own your home and are in danger of losing it because of money problems;
• are behind on debt payments, but can catch up if given some time; have valuable property which is not exempt, but you can afford to pay creditors from your income over time.

You will need to have enough income in Chapter 13 bankruptcy to pay for your necessities and to keep up with the required payments as they come due. We are ready to help you determine if Chapter 13 bankruptcy will work best for you, or if Arizona Chapter 7 bankruptcy, Debt Settlement or Loan Modification would serve your financial needs better.

Call 480-634-7480 to make an appointment with a Thompson Law Firm Chandler bankruptcy attorney.  Or you can fill out the form for a FREE EVALUATION.  An attorney from our firm will contact you promptly and help you set up an appointment to discuss solutions for your financial situation.  Arizona Legal Advocacy Group, LLC serves Arizona communities in Maricopa County, including Phoenix, Scottsdale, Tempe, Apache Junction, Queen Creek, Chandler, Gilbert and beyond.