Unlike filing for a Chapter 7 bankruptcy, Chapter 13 bankruptcy is often referred to as a “reorganization bankruptcy” – those who file for this type of bankruptcy usually have a regular income and are able to pay back at least a portion of their debts through a specified repayment plan. When you file for Chapter 13 bankruptcy, the court will take into account your gathered debts and then establish a payment plan for you to follow.
At Rieser & Marx, LLC, we have more than 60 years of combined experience assisting clients take their first step towards a more financially secure future. Filing for bankruptcy can be a rather isolating endeavor, and we’re here to guide you with the compassion and skill you deserve. We view ourselves as more than just attorneys – we are your legal counselors are confidants.
No legal obstacle is too complex for our firm. Call Reiser & Marx, LLC today at (937) 224-4128 .
Because Chapter 13 bankruptcy requires the debtor to use his or her income to repay some or all of their debt, it’s important to remember that this type of bankruptcy is not for everyone. When filing, you’ll have to prove to the court that you have the financial means to meet the payment obligations issued. Should the court find that your income is too low or unstable, they may not allow you to file for Chapter 13 bankruptcy.
Chapter 13 bankruptcy is most often used to:
At Rieser & Marx, LLC we understand the complexities and difficulties in filing for bankruptcy. We are prepared to use our knowledge, insight, and skill to guide you through the process with as little stress as possible. Our Daytona bankruptcy attorneys stay on the cutting-edge of legal representation – we take the time to get to know our clients, which allows us to offer personalized solutions for each individual.
Choose to work with us today. Contact our firm to schedule your consultation today.