Nebraska Debt Repayment Attorney
Chapter 13 is referred to as a debt reorganization. This type of bankruptcy involves the restructuring of your debt. A three- or five-year repayment plan is developed, in which you will pay a portion of your debts over that time period. Successful completion of that plan allows the discharge of remaining unsecured debts.
Chapter 13 is useful for people who want to protect their home or who have failed the means test for a Chapter 7 bankruptcy.
Foreclosure Relief
If your home is being threatened with foreclosure, Chapter 13 bankruptcy can help in two ways. First, the automatic stay that is part of Chapter 13 causes all collection actions to cease, including foreclosure procedures. That temporary fix is followed by a more permanent form of assistance; delinquent payments can be caught up on over the course of the repayment plan. Upon successfully completing the repayment plan, you can be current on your mortgage.
If you contact our Nebraska Chapter 13 bankruptcy attorney, foreclosure relief can be available to you. We offer free initial consultations.
Help When You Need It
Chapter 13 bankruptcy offers people the opportunity to regain control of their finances. During the three or five years of your repayment plan, you will be paying down a portion of your unsecured debts and maintaining payments on secured property, such as you house or car. You can emerge from Chapter 13 with a fresh start, with no overwhelming debt and no creditors harassing you at every step.
Contact Us
Set up a free consultation with our Nebraska Chapter 13 bankruptcy attorney, foreclosure relief is available. Call 402-858-1870, toll-free 866-930-8786 or contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
