NO RECOVERY, NO FEE (855) 339-8879 FREE CONSULTATION

Chapter 13 Bankruptcy Attorney | Los Angeles Law Firm


A Chapter 13 bankruptcy is a plan put in place under court discretion where the individual is given time to pay off certain debts and reorganize his financial situation. A chapter 13 bankruptcy is a much more complex and rigorous process for the individual.  Understanding the options, filling out the extensive and complex paperwork, and understanding what options are most beneficial to your specific financial situation can be a confusing and often unrealistic process.   Below is some information regarding a Chapter 7 Bankruptcy. However, you are advised to seek a legal representative from a trusted source which will counsel you as to the proper course of action. When filing our bankruptcy lawyers will make sure protect your assets using every legal avenue possible. Chapter 13 basics and benefits Chapter13 is a significant tool available to prevent even greater financial difficulty.  Chapter 13 allows you to reduce the amount owed on certain debts.  For example if you purchased a car for $30,000 and the current value of the car is $12,000 you may be able to reduce the amount owed on the debt from $30,000 down to $12,000. Chapter 13 requires you to pay some of your debts in full from the income you are able to generate.  You must propose a repayment plan for a period, established you the court, of three or five years.  The option of a three year plan or a five year plan is based on their gross monthly income. The test the court uses is based on you income versus the median income. You must come up with a plan that the court will approve.  Coming up with a plan that will be approved by the court whilst protecting your assets and reducing your debts is a highly complex process.  It requires knowledge of bankruptcy law, and experience in the field. You should be advised her to seek a knowledgeable, trusted, and tenacious bankruptcy attorney will likely maximize your ability to keep many of the assets you own and reduce you debts. Discharging of debts It is important to understand that all debts are not discharged under a Chapter 13.  Usually the amount you still owe on unsecured debts after the Chapter 13 time period has ran out will be discharged.  Here is a list of some unsecured debts.
  • Credit Card debts
  • Medical Bills
  • Most court judgments
Secured debts that are not discharged will remain on your record. If you do not list debts on your chapter 13 filing they will be regarded as non dischargeable.  Other secured debts and debts that are not dischargeable are below.
  • School loans
  • Alimony Payment
  • Some taxes
  • Court fines
  • Successful creditor objection
Is Chapter 13 right for me? Deciding to file for Chapter 13 is a difficult choice. A free financial assessment by our bankruptcy lawyers will assess whether a Chapter 13 filing is in your best financial interests. At Downtown La Law our bankruptcy lawyers will provide you with a low cost, personal, and confidential bankruptcy legal representation.  Here are some of the reasons why
  • An entirely Free and Personalized consultation including an analysis your financial circumstances by our team of expert financial consultants
  • Individualized Client Service specifically tailored to your financial and personal needs
  • Comprehensive assessment of the different legal avenues determining whether bankruptcy is the best option for you.
  • Low Cost, Knowledgeable and Effective representation of your Chapter 13 bankruptcy
Your success is our success. Please Call (888) 649-7166.  For More Important Information regarding Chapter 13 Bankruptcy’s visit our Chapter 13 Frequently Asked Questions Page.

Over $350 Million Recovered
for Our Clients

Learn More

YOU Deserve the Best
Free Case Review 24/7
You Don’t Pay unless we win
Call 855.385.2529


  • This field is for validation purposes and should be left unchanged.

By submitting this form, you agree to receive telephone calls and text messages at anytime, which include hours outside of business hours (8:00 am PST – 9:00 pm PST). This is so that we may reach you as soon as possible in order to consult on your potential case.

ultimate guide uber lyft accidents

Featured Lawyers


farid-medium

Farid Yaghoubtil, Esq.

sal-medium

Salar Hendizadeh, Esq.

Nina Sargsyan, Esq.

Sarah Wilson, Esq.

Sarah Wilson, Esq.

Darren McBratney, Esq.

dan-medium

Daniel Azizi, Esq.

 

 

Free Case Review 24/7
You Don't Pay Unless You Win
Call 855.385.2529


  • This field is for validation purposes and should be left unchanged.
By submitting this form, you agree to receive telephone calls and text messages at anytime, which include hours outside of business hours (8:00 am PST - 9:00 pm PST). This is so that we may reach you as soon as possible in order to consult on your potential case.

Address:

LOS ANGELES OFFICE
4113 Clinton Ave,
Los Angeles, CA 90004
855-339-8879
info@downtownlalaw.com

BAKERSFIELD OFFICE
2005, Eye Street, Suite 4
Bakersfield, CA 93301
661-219-7455

MODESTO OFFICE
3430 Tully Road
Modesto, California 95350
209-353-4493

ORANGE COUNTY OFFICE
2372 Morse Ave.
Irvine, California 92614
949-627-8725

SAN DIEGO OFFICE
01 West Broadway
San Diego, California 92101
619-413-0161

OXNARD OFFICE
105 N Oxnard Blvd,
Oxnard, CA 93030
805-263-4423

SAN FRANCISCO OFFICE
1 Sansome St. Suite 3500-11
San Francisco, California 94104
650-651-5006

VENTURA OFFICE
701 E Santa Clara St
Ventura, California 95816
805-292-0367

INLAND EMPIRE OFFICE
7121 Magnolia Ave
Riverside, California 92504
909-340-3929

VICTORVILLE OFFICE
13782 Bear Valley Rd.
Victorville, California 92392
760-563-4384

FRESNO OFFICE
5588 N Palm Ave
Fresno, California 93704
559-556-0227

SAN FRANCISCO OFFICE
388 Market St #1300
San Francisco, California 94111
415-362-6079

SACRAMENTO OFFICE
1601 Alhambra Blvd
Sacramento, California 95816
916-931-1965

SAN FRANCISCO OFFICE
1 Sansome St. Suite 3500-11
San Francisco, California 94104
650-651-5006

MIAMI OFFICE
11900 Biscayne Blvd North
Miami, Florida 33154

EL PASO OFFICE
4600 Alabama St #C
El Paso, Texas 79930
(915) 201-3865


The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
Follow us
© All Rights Reserved