Chapter 13 Bankruptcy

Boynton Beach Chapter 13 Bankruptcy Attorney

What if you have income but it doesn't adequately cover all your bills? Some debtors earn too much money to qualify for Chapter 7 bankruptcy, yet they still have a great need to discharge debt. Chapter 13 under the U.S. Bankruptcy Code offers these wage earners an effective plan to eliminate their debt.

If the stricter means test under the new bankruptcy laws disqualifies you for Chapter 7, do not give up hope. Chapter 13 bankruptcy can get you the fresh financial start you need. Contact the Law Office of Maureen K. Gour, P.A., today.

Instead of selling off assets and property to pay your debt as in Chapter 7, Chapter 13 bankruptcy allows you to set up a manageable debt repayment plan. At the Law Office of Maureen K. Gour, P.A., we guide you through the entire process, from helping you determine if you qualify, to filing the paperwork, and through negotiations with creditors. All you need to do is pay your reduced payments on time.

Under Chapter 13 bankruptcy - often called the wage earner's plan - you can restructure your debt and get the same relief as other forms of bankruptcy: stop collection calls and creditor harassment, prevent home foreclosure, and stop wage garnishment.

When filing for Chapter 13 bankruptcy, the debtor will propose a plan to repay part or all of the debt, through payments over the next three to five years. This is essentially a debt restructure, since a debtor still pays off debt, but not the full amount. Attorney Maureen Gour can help you establish a plan to repay part of your credit card debt, loans, and other outstanding bills and then discharge the rest after the three to five years is over.

Contact a skilled bankruptcy lawyer at the Law Office of Maureen K. Gour, P.A. to discuss your situation and determine if Chapter 13 bankruptcy might be right for you. Please call (561) 509-5461 to set up a free 15-minute initial consultation. We offer flexible appointment times for your convenience.