Contact Us for a Consultation 520-722-8030

Chapter 13

Chapter 13 Bankruptcy And Payment Plans

Falling on hard economic times is nothing to be ashamed about. It happens to many Americans, and oftentimes it occurs because of events that are out of your control. When you are unable to make your mortgage payments and you want to avoid foreclosure, you should consider filing for bankruptcy.

The bankruptcy lawyers at Neff & Boyer, P.C., will help you to understand the bankruptcy process and advise you on a legal strategy to pursue that best suits your needs. From our office in Tucson, we serve clients throughout southern Arizona inconsumer bankruptcy matters.

Chapter 13 And The Differences From Chapter 7

Chapter 13 bankruptcy is different from a Chapter 7 bankruptcy in the sense that Chapter 13 is recommended for people who want to keep their home and avoid foreclosure. Chapter 13 lets you keep your home, eliminate real estate debt and gives you some breathing room to get current with your payments.

In a Chapter 13 bankruptcy, the court establishes and enforces a plan that allows the debtor to use his or her disposable income to pay off debts over a 36- to 60-month period (which is about three to five years). Any debts remaining after the life of the plan are then discharged. In addition to taking into consideration the amount the debtor owes, Chapter 13 plans are also determined based on the debtor's income in relation to his or her expenses.

Questions About Chapter 13? Contact Us.

Please contact us to schedule a meeting with our Chapter 13 bankruptcy attorneys. Call 520-722-8030 or complete a form online to book your first consultation. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

We Invite You To Contact Our Lawyers

Please call 520-722-8030 or complete an online form to schedule your first meeting. Located in Tucson, we serve clients throughout the surrounding Arizona communities. We offer straightforward advice for clients facing complex issues. We help creditors and lenders receive fair treatment in bankruptcies.