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How Chapter 13 Bankruptcy Works

Helping You Understand Chapter 13 Bankruptcy Rules

If you don't qualify for Chapter 7 bankruptcy or you are trying to save your home, vehicle or other valuable property from foreclosure or repossession due to overdue payments, filing for Chapter 13 bankruptcy has many advantages. At The Roll Law Office, PLLC, with offices in Tempe, Mesa, Scottsdale, and Phoenix, Arizona, bankruptcy attorney Guy P. Roll and a dedicated legal staff will fully explain the bankruptcy process and provide you with the unqualified support you need.

For personalized bankruptcy representation from a compassionate lawyer, we encourage you to contact us today for a free initial consultation. Our Tempe, Arizona, office can be contacted via e-mail or by phone at 602-652-2403 or toll free 866-603-1533.

How Do the Chapter 13 Bankruptcy Rules Work?

Chapter 13 consists of creating a debt repayment plan. The plan will be based on your debt, income and expenses. Each month, a Chapter 13 bankruptcy trustee will receive the payments, paying your creditors based on the arrangements of the plan.

In most Chapter 13 bankruptcies, the repayment plan will last three to five years. At the time the plan ends, your remaining unsecured debt will be discharged, freeing you from your obligations whether creditors have been paid back fully or not.

Contact a Chapter 13 Bankruptcy Attorney in Phoenix

If you are worried about the impact Chapter 13 bankruptcy will have on your finances, it is important to remember that you will only have to pay what you can afford based on your debt, income and expenses.

If you are ready to deal with your debt head on, contact us today or call 602-652-2403 for a free initial consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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