Irvine Chapter 13 Bankruptcy Lawyer

Benefits of Chapter 13

If you are a debtor with a steady and/or high income and have assets that you would like to protect, Chapter 13 may be the right option for you. This form of bankruptcy actually has specific benefits to offer debtors in terms of real estate and other property, taxes and other debt that may not be dischargeable under Chapter 7, and more. Irvine bankruptcy attorney Arthur R. Hausmann can talk to you more about the specific advantages and disadvantages of Chapter 13 bankruptcy when you call for a confidential case evaluation. You are also welcome to review the information on this page and on this entire site to find out more about this and other important topics and how a lawyer can help.

Following are some of the key benefits of Chapter 13 bankruptcy:

Full protection for all of your property and assets through the entire bankruptcy process.
The ability to save your home from foreclosure by incorporating past due mortgage payments and fees in your repayment plan.
The ability to stop repossession, wage garnishment, levies, liens, creditor contact, collection lawsuits and debt collection harassment for the duration of your case.
The elimination of your unsecured debt after the successful completion of your repayment plan.

Perhaps the most notable advantage of Chapter 13 bankruptcy is its ability to save your home by stopping foreclosure proceedings. With the job and housing markets in these less-than-ideal conditions, the ability to save the family home may make all the difference for a debtor.

Considering Chapter 13? Call an attorney at the Irvine law firm.

Now is the time to get more information of how Chapter 13 may help you. For a confidential review of your financial situation by a competent professional, contact an Irvine bankruptcy lawyer at the firm today.