Law Office of Jose Saud - Bankruptcy Chapter 13.
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A chapter 13 bankruptcy is also called a wage
earner's plan. It enables individuals with regular
income to develop a plan to repay all or part of
their debts. Under this chapter, debtors propose
a repayment plan to make installments to creditors
over three to five years.
Chapter 13 Benefits
Stop mortgage foreclosure
In most instances, eliminate second mortgages and/or equity lines.
Retain exempt and nonexempt assets.
Save motor vehicles or other personal property about to be lost to repossession.
Satisfy non-dischargeable tax obligations owed to state or federal tax authorities and take up to 60 months to do it, without incurring additional penalties and possibly interest, as well.
If you have futher questions please contact us on "Contact Us" page or by calling to make an appointment at: (201) 758-8020
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LAW OFFICES OF JOSE SAUD
301 59th Street, West New York
New Jersey 07093
Monday - Friday: 9:00 AM - 5:00 PM