What Can Chapter 13 Do For You
Chapter 13 bankruptcy protection does not eliminate debt in the same way as Chapter 7. Instead, clients are required to restructure their debt and create a repayment plan that is better designed to fit an individual’s ability to pay. The changes to the bankruptcy laws in 2005 were largely aimed to try and force more ordinary people into Chapter 13 repayment rather than getting the benefit of more thorough debt elimination through Chapter 7.
Our bankruptcy attorneys at Kingcade Garcia McMaken can help families and individuals get the most out of Chapter 13 bankruptcy. We fully evaluate your financial situation, debt and income to make sure that Chapter 13 is your best option. Many people who come to our firm are surprised to discover that Chapter 13 may not be the right option, and that with the assistance of an experienced and qualified lawyer, they can be better served by Chapter 7’s debt elimination strategies. In some cases, you can also convert a Chapter 13 to a Chapter 7 or file one right after the other.
Finding The Bankruptcy Plan That Works For You
Not all bankruptcies are the same. It’s important to understand the difference between Chapter 7 and Chapter 13 bankruptcy when considering your options. It’s equally important to have a Miami bankruptcy lawyer on your side that will take the time to help you find the best plan to work for you.
If Chapter 13 is the best plan to fit your need, we will guide you through every step of the filing process and work to handle all the issues that matter to you and your family, such as:
- Houses and cars
- Bankruptcy and divorce
- Credit card debt
- Medical bill relief
- Immigration issues
Since 2005’s changes to the bankruptcy laws, credit card and other debt companies have tried to force people into Chapter 13 debt repayment plans, even for people who would be best served by debt elimination strategies. This is where having an experienced and attentive lawyer works to your advantage. We have built proven strategies for helping clients based on our record of service to more than 15,000 Miami and Dade County clients.
Take Back Control Of Your Financial Future: Contact Our Florida Lawyers
Bankruptcy isn’t about giving up. It’s about taking action to rebuild your credit and your financial health. We have seen year after year, client after client, how a well-crafted bankruptcy can dramatically improve people’s lives. It costs you nothing to take action and schedule a free consultation with one of our Miami Chapter 13 bankruptcy lawyers to discuss how Florida bankruptcy laws can help you.