Regaining Control With Chapter 13 Bankruptcy
If you do not qualify for Chapter 7 bankruptcy, you can still rely on Christman & Fascetta LLC to help you figure out a plan to manage your debt. Chapter 13 bankruptcy may be the right choice for you if have regular income and can pay for living necessities, but scheduled payments are difficult to maintain. Our experienced legal team has assisted Maryland families with bankruptcy for over 25 years. We can carefully examine your circumstances and explain your options.
Understanding Chapter 13 Bankruptcy
Chapter 13 bankruptcy, also known as reorganization bankruptcy, can help you manage existing debt by consolidating debts into manageable monthly payments. While debt is not discharged like it is under Chapter 7 bankruptcy, you may only have to pay a portion of what is owed.
Chapter 13 can be a strategic option if you have equity in your home or other properties that are facing foreclosure and you are trying to keep them. You are allowed to retain most of your property while spreading out time between payments on past due accounts. Usually between three to five years will be allotted to catch up. Chapter 13 may also help with payment to the IRS and state taxes.
When you meet with our attorneys, we will need to evaluate:
- Six months of pay stubs
- Tax returns
- Bank statements
- Deeds to properties
Contact Us And Stop Harassing Creditor Calls
Fortunately, mortgage repayment plans can stop the foreclosure process and will manage your debt so you can afford your mortgage. Creditor calls will be stopped, and your co-signers may be protected. Call our offices at for more information, or contact our lawyers online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.