Stop Foreclosure, Discharge Debts and Keep Your Assets
Chapter 13 bankruptcy can help you manage a debt burden that has become unmanageable. It can help you save your house, your car, and even strip away second and third mortgages.
If you want to get rid of your debts without sacrificing assets, Chapter 13 bankruptcy may be just the debt relief solution you need. To learn more, you can schedule a free consultation with a lawyer at The Golden Law Group. Just call 888-325-7602 or contact the firm online.
A leading Tampa, Florida, bankruptcy law firm, The Golden Law Group provides efficient, personal and knowledgeable service. Lead attorney G. Donald Golden is Board Certified in Consumer Bankruptcy by the American Board of Certification. Find out why you should choose a board-certified lawyer.
How Chapter 13 Bankruptcy Can Help You
Chapter 13 bankruptcy works by combining all of your unsecured debts and creating a manageable monthly payment plan. After you make payments for three to five years, any remaining debt will be wiped away completely.
Note: This is very different from what "debt reorganization" agencies do. Debt reorganizations cannot give you as much negotiating power as Chapter 13 bankruptcy. As a result, they often only delay the inevitable, and individuals end up filing for bankruptcy months later.
Preventing Foreclosure Through Chapter 13 Bankruptcy
Even if you have already received a foreclosure notice in the mail, Chapter 13 bankruptcy can bring the process to a halt. Through a Chapter 13 payment plan, you can catch up on arrears (back payments) while continuing to make your current mortgage payments.
The Chapter 13 Trustee
The bankruptcy trustee has the power to approve or deny any proposed Chapter 13 payment plan. The trustee's main priority is to make sure that everyone — creditor and debtor alike — receives fair treatment under existing laws.
Attorney G. Donald Golden worked as a staff attorney at the Office of the Chapter 13 Trustee for several years before forming The Golden Law Group. He knows from experience what the trustee is looking for, and he knows how to create payment plans with their scrutiny in mind.
Call Today for a Free Consultation
At this stage, you probably have many questions. You can get answers — and a good idea of what strategy is best for you — during a free consultation with a lawyer at The Golden Law Group. Call 888-325-7602 or contact the firm online today.
