Experienced Representation In Chapter 13 Bankruptcy Filings In Cleveland
If you face serious financial problems but don’t qualify for debt discharge under Chapter 7, want to repay your creditors in full or in part, or other factors apply, a Chapter 13 bankruptcy filing can help you get the fresh start you need. Reorganizing your debts under Chapter 13 can stop foreclosure proceedings on your home. You want a dedicated Chapter 13 bankruptcy lawyer to guide you through the process, one who has successfully helped countless others use bankruptcy laws to address financial challenges.
At the law office of Rabin & Rabin Co., L.P.A., attorney Rabin has over 30 years of experience handling bankruptcy petitions for consumers throughout northeast Ohio, including filings for reorganization under Chapter 13 of the Bankruptcy Code. We place a high priority on communication and accessibility, keeping you fully informed at all times and making ourselves available when you need to talk with us.
To set up an appointment, contact our office or call us at toll-free at 888-335-1861.
Determining Eligibility For Chapter 13 Bankruptcy
To be eligible for Chapter 13 bankruptcy, you must have a source of regular income and less than certain amounts of secured and unsecured debts. Chapter 13 bankruptcy is a strong option for individuals with a steady source of income who struggle with debt but want to keep their assets.
For instance, a person who is behind on mortgage payments but wishes to keep their home may benefit from Chapter 13, which can halt foreclosure and allow for repayment of arrearages over time. Additionally, someone with significant unsecured debt who wants to retain valuable assets might find this a viable option.
Our Chapter 13 Practice
Attorney Rabin handles all matters related to a Chapter 13 proceeding, preparing and filing all documentation to complete the process and acting as your representative in hearings or meetings with creditors, the bankruptcy trustee and the court.
In a Chapter 13 bankruptcy, just like in Chapter 7, you are granted an automatic stay, which prohibits your creditors from calling, writing or taking any other action to collect the debt. In exchange, you agree to repay your creditors over three to five years, paying either all or part of your debt, depending on the circumstances. If you keep your agreement, you will receive a discharge of certain debts at the end of your plan. If you miss payments, however, your case will be dismissed, and you will lose the protection of the bankruptcy laws.
When you file for protection under Chapter 13, you can typically keep your assets. Often, the repayment plan will allow you to pay less than the total due on your unsecured debt, such as credit card debt. Sometimes, a Chapter 13 plan will provide for no repayment on unsecured debt.
At Rabin & Rabin Co., L.P.A., attorney Rabin will represent you until you have completed the repayment plan. If you encounter problems during the course of your plan, you can contact us and she will help you address the issues.
Contact Our Ohio Office
We offer a free initial consultation for clients interested in filing for protection under Chapter 13. To set up an appointment, contact us or call us toll-free at 888-335-1861. We will charge an initial fee to start the process, but all subsequent payments will come through the bankruptcy trustee.