Chapter 13 Bankruptcy
Chapter 13, is a chapter of the U.S. Bankruptcy Code governing a form of bankruptcy in the United States. It allows individuals to undergo a financial reorganization supervised by a federal bankruptcy court.
While Chapter 13 does not require you to pay every debt in full, some debts are reduced by the court. The repayment period may last 3 to 5 years and you will need a steady income from a job, disability payments, or another income source to sustain.
This is a serious matter that only legitimate and the best personnel must be up for the job in order to solve crisis like this. If you live in the San Diego area and want more information about filing for bankruptcy with the help of a lawyer from Steigerwalt Law Firm, contact them asap. You can request a free debt evaluation to get you started and help you make the right decisions about your financial future.
Get in touch with San Diego Chapter 13 Services now.
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This entry was posted on Monday, December 6th, 2010 at 1:11 am and is filed under .btp-df, service. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
December 6th, 2010 at 10:12 am
For those lawyers who do offer the service, it is now more expensive for their clients because it takes more of their time. This means that you will pay more for bankruptcy under the redesigned bankruptcy laws. For example, bankruptcy lawyers now have to personally attest to the accuracy of the information provided by their clients in the bankruptcy courts. This means that they have to take the time to personally research all of the information provided by their clients. The more time a lawyer spends with a client’s case, the more that case will cost.