Chapter 13 Bankruptcy Lawyers

If you are struggling with debt and have steady, regular income of any type, Chapter 13 bankruptcy can give you the means of stopping creditors and resolving your debt problems while keeping your property. In addition, you will still qualify to file Chapter 13 even if you recently filed a Chapter 7 case.

Chapter 13 is not for everyone. If you do not have enough income to stick to a monthly payment plan, you may have to file for Chapter 7 bankruptcy instead.

At Van Ness Law, we handle Chapter 13 bankruptcies for clients throughout the Cleveland area. We can help you explore all of the debt relief options available to you. If Chapter 13 is right for you, we are here to guide you through all steps of the legal process.

Chapter 13 Repayment Plan

Chapter 13 bankruptcy allows debtors to consolidate their debts into a manageable payment plan, and pay some or all of the debt off over a three- to five-year period. The payment plan specifies how much you will pay to which creditors — some are given priority over others.

Mortgage Stripping

Chapter 13 also can remove junior mortgage liens from property, provided those liens are wholly unsecured. In other words, if you owe more on your first mortgage than the fair market value of your house, second and third mortgages can be stripped in a Chapter 13 bankruptcy. Judgment liens can generally be stripped regardless of equity.

Call Us For Chapter 13 Bankruptcy Guidance

Our lawyers can help you determine if Chapter 13 bankruptcy is right for you. You can contact us online or by telephone at 800-648-1206 to arrange a free initial telephone consultation with a bankruptcy attorney in Mayfield Heights, Ohio.