Fairfield, California, Chapter 13 Bankruptcy Lawyers
Chapter 13 bankruptcy (sometimes referred to as a "wage earner's plan") is a way to reorganize debt into a manageable payment plan.
At Bankruptcy Law Group, PC, we have helped numerous individuals throughout California get out of debt while keeping their property by guiding them through the Chapter 13 bankruptcy process.
Contact us today online or by telephone at 707-422-8500 to take your first step to total debt relief. We represent clients from Fairfield, Vallejo, Napa and throughout the surrounding areas.
Chapter 13 Bankruptcy Basics
Are you struggling to keep up with mortgage payments but want to keep your home? Would you be able to keep up with a 36- to 60-month debt payment plan that would help you manage and eventually eliminate your debt? Chapter 13 bankruptcy might be the best option for you to achieve your debt relief goals.
At Bankruptcy Law Group, PC, we have over 30 years of combined experience guiding individuals throughout California through the Chapter 13 bankruptcy process.
If you are considering filing for bankruptcy, it is important to have an experienced attorney on your side. If your Chapter 13 bankruptcy is mishandled, you could wind up in worse financial shape than if you had not filed at all. But with seasoned legal guidance, you can avoid home foreclosure, keep your property, and ultimately achieve total freedom from debt.
Second Mortgage and Vehicle Loan "Cram Downs"
In some cases, Chapter 13 bankruptcy can save you a lot of money on your outstanding vehicle and mortgage loans. If your current home value is less than the outstanding balance on your first mortgage, it may be possible to eliminate your second mortgage altogether. Likewise, if your vehicle's value has fallen below the outstanding loan balance, you may be able to eliminate the difference by filing for bankruptcy. This action is referred to as a "cram down" and it can be used for many financed purchases such as cars or tools. Our attorneys can answer any questions you may have about taking full advantage of the protections offered by Chapter 13 bankruptcy.
Schedule Your Free Consultation
If you are overwhelmed by debt, we are here to help. Contact us today online or by telephone at 707-422-8500 to schedule a free debt relief consultation with an experienced Fairfield, California, Chapter 13 bankruptcy attorney. We hold regular office hours and are available evenings and weekends by appointment. We also have law offices in Sacramento and throughout Northern California.
