Chapter 13 Bankruptcy
Attleboro, MA Chapter 13 Bankruptcy Lawyer
If you are having trouble paying all of your bills, a Chapter 13 bankruptcy reorganization of your debts may be a viable option. Chapter 13 allows you to keep property and pay debts over time, usually three to five years.
At Volterra, Goldberg & Jacobs, we can help you identify all of your legal options for debt relief, including Chapter 13 bankruptcy. Contact us to schedule a confidential consultation. From our office in Attleboro, we serve clients throughout Southeastern Massachusetts.
When Is a Chapter 13 Bankruptcy the Right Decision?
Most people who file for bankruptcy proceed under Chapter 7. But if your income is too high to qualify for Chapter 7 debt relief, or if you have assets which you would lose in a Chapter 7 Bankruptcy, a reorganization of your debts in a Chapter 13 bankruptcy may still be a viable option. Often people use a chapter 13 proceeding to save their home from foreclosure. The Chapter 13 bankruptcy allows you to save your house from foreclosure by letting you bring the past-due payments current over a reasonable period of time. If you are behind on your house payments, Chapter 13 may give you the ability to get current on the payments, as long as you have a steady source of income to use in calculating a reasonable monthly payment.
Of course, there are usually other concerns besides keeping your house. What about other debts, such as car loans, second mortgages, and tax debt? Our experienced bankruptcy attorneys can guide you toward the development of a repayment plan for debts that the law does not allow to be discharged.
Contact Volterra, Goldberg & Jacobs, Law Counsellors, Inc.
To
consult with one of our lawyers about your legal matter — whether a
personal injury lawsuit, a divorce or child custody dispute, bankruptcy
and divorce, or another type of legal question — contact our office
today. Call (508) 222-1463 or contact us by e-mail.
