Chapter 13 bankruptcy helps people in difficult financial circumstances. When you have income and can pay some, but not all of your debts, then you may consider a Chapter 13 bankruptcy case. Chapter 13 bankruptcy allows people to pay down unsecured debt balances and past-due payments on secured claims over a period of three to five years under a court-approved repayment plan. Debtors in Chapter 13 enjoy protection from creditors while making monthly payments into the Chapter 13 debt repayment plan. After completion of the payments under the Chapter 13 plan, debtors receive a discharge of the unpaid portion of most unsecured claims.
Attorney Christine A. Kingston is fully committed to helping people find lasting, effective solutions to the problems generated by unpaid bills, insufficient cash flow, mortgage foreclosure, and income tax debt. If you’re not saving for retirement and debts are mounting, you may need to consider a reorganization bankruptcy. She is trained in Max Gardner’s Bankruptcy Litigation Model and will fight to save your home through the powerful bankruptcy process of Chapter 13.
People who have no equity in their homes but who want to avoid foreclosure, short sale or other unsatisfactory mortgage resolutions can find useful alternatives in Chapter 13. Christine A. Kingston can show you how the strategic use of adversary litigation in bankruptcy can open the door toward a negotiated modification of the mortgage principal to provide you with a sustainable mortgage that you can afford. Few other Southern California bankruptcy attorneys use the litigation tools available in a Chapter 13 case to resolve mortgage problems.
Many people file for Chapter 13 bankruptcy relief because they cannot satisfy the Chapter 7 means test, but Chapter 13 has other uses as well. If you have important assets that exceed your available exemptions, you can keep them in Chapter 13 by paying the equivalent value into your Chapter 13 repayment plan over time. If nondischargeable tax or student loan debts make up a substantial portion of your indebtedness, the ability to pay down these obligations under Bankruptcy Court protection represents an important advantage of Chapter 13. We work closely with mortgage brokers, credit repair experts, and local realtors to provide the professional resources you need to achieve your financial goals.
Debt Repayment Lawyers Serving Lakewood, Long Beach, Bellflower, Norwalk, Cerritos and Huntington Beach, California.
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We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.