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Chapter 13 Bankruptcy Attorney Waynesville NC

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Chapter 13 bankruptcy is a reorganization program designed for individuals, including sole proprietors and independent contractors, but not business entities such as a corporation. In a Chapter 13 bankruptcy, you prepare and file the same basic forms as you do in a Chapter 7 bankruptcy. However, you also propose a three or five year plan under which you typically must repay certain types of debts in full and usually some portion of your unsecured debt (from 1% upward) even though some judges will approve of plans that pay 0% of unsecured debts. Chapter 13 provides some remedies that are not available in Chapter 7 bankruptcy – such as the opportunity to pay off missed mortgage payments over the life of the plan – but usually is not in the bankruptcy of choice because of the extra legal fees it entails, and because people would rather get their fresh start in three months instead of three to five years. However, 10% to 15% of the people who file under Chapter 7 are required by the bankruptcy court to convert to Chapter 13, because they have sufficient income to fund a Chapter 13 plan.

You should come meet us. Call us and schedule an appointment to come to our office for an in-depth and confidential case evaluation. In an in-person meeting, we are best able to come to understand your situation and help you evaluate your options. Clients who come to meet with us, tend to be very happy they did. You will not be disappointed. Our beautiful office is conveniently located just half a mile from the Haywood County Justice Center.

Call 828-452-2220 to schedule an appointment today.

You should meet with us. Schedule an appointment for an in-depth and confidential case evaluation. In a meeting, we are best able to come to understand your situation and help you evaluate your options. Clients who meet with us, tend to be very happy they did. You will not be disappointed.

Contact Jonathan

Tell Jonathan about your case

Call to schedule an in-person consultation:
828-452-2220