Chapter 13 Bankruptcy
Helping You Get Back on Your Feet
Debt that you can never seem to get ahead of can be overwhelming, stressful, and leave you feeling helpless against it as it continues to mount beyond manageable levels. If you are unable to pay your debts and have a steady source of income, you might be able to obtain some relief through a Chapter 13 bankruptcy. At Howard Law Group, PLLC, we understand that this is a difficult time for you, which is why our knowledgeable bankruptcy attorney and legal team will help you navigate this process and advise you on your best course of action. Filing for bankruptcy can be a complicated process so do not try to field through it on your own. Let us help ensure your financial future gets a proper fresh start.
Contact Howard Law Group, PLLC today and let us help you determine if filing for bankruptcy is right for you. Call us at (502) 309-2740 to schedule a consultation!
What is a Chapter 13 Bankruptcy?
Unlike a Chapter 7 bankruptcy, which forgives all eligible debts, a Chapter 13 bankruptcy allows consumers to develop a repayment plan to pay off a significant portion of their debts within a 3 to 5-year timeframe. Some debts that are commonly discharged in a Chapter 13 bankruptcy include credit card debts and personal loans. Getting your repayment plan approved by the court will not only help you tackle your debt in a more controllable way, but it will also relieve you of the barrage of phone calls and letters you are likely receiving from relentless debt collectors and creditors.
Chapter 13 bankruptcies should be perceived as repayment plans. Your debt will be reorganized and prioritized by a bankruptcy court-appointed trustee based on your monthly income and, at the end of your repayment period, any remaining unpaid unsecured debts will be discharged.
Clients Share Their Experience
At Howard Law Group, PLLC, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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"Mr. Howard made our estate planning pleasant very understanding very helpful!"- Bennie Rosemary Thurman
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"Extremely pleased"No one ever wants to go through a divorce but when it happened to me I contacted Howard Law Group and Rich Hale walked me thru the process and helped a very stressful time become much more tolerable. Very honest and upfront and affordable. I highly recommend this law firm.- Donna Parker
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"Great attorney."Great attorney. Doug is a great guy as well as a very good attorney- Michael Q.
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"He was extremely helpful and professional and put all of our concerns at ease."He was extremely helpful and professional and put all of our concerns at ease.- W.M.
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"If you need a good knowledgeable attorney, contact Doug Howard at Howard Law Group."If you need a good knowledgeable attorney, contact Doug Howard at Howard Law Group.- E.M.
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"They did a great job. All the odd and ends tidied up and complete."They did a great job. All the odd and ends tidied up and complete.- E.T.
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"We are grateful to finally have our family covered in case something does happen and know that everything is done the correct way."We are grateful to finally have our family covered in case something does happen and know that everything is done the correct way.- K.H.
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"Doug Howard put me at ease with his friendly manner, and knowledge in his field."Doug Howard put me at ease with his friendly manner, and knowledge in his field.- Debbie D.
The Process of a Chapter 13 Bankruptcy
Before you begin the process of filing for a Chapter 13 bankruptcy, it would be wise to first hire a bankruptcy attorney. You do not have to have an attorney to file for bankruptcy, but the law has a tendency to be vastly complex and having someone experienced in handling such matters will go a long way toward the success of your case.
Some of the information you will need to provide includes:
- A list of creditors and how much you owe
- All sources of income and the total amount of your earnings
- A list of property you own
- Living expenses
- Copies of your most recent federal tax return
You and your attorney will work on a reasonable repayment plan which will be proposed to a judge to determine if it is fair and meets the necessary requirements. If the proposed plan is approved, you will be able to make routine payments to your court-appointed trustee, which will be distributed to your creditors.
