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Chapter 13 Bankruptcy

Chapter 13 bankruptcy is the most misunderstood, and probably underutilized bankruptcy chapter. Mainly because many people mistakenly think they will be required to pay back ALL their debts. This has never been true, and fact is that most Chapter 13 plans pay only pennies on the dollar to most of the bills you have.

In a Chapter 13 you will pay back only a portion of your debts, as a rule. Many people mistakenly think that a Chapter 13 bankruptcy requires you to pay back all of your debt.

This is not the case, and never has been

In fact, most of our clients in Chapter 13 bankruptcy pay back only a small percentage of the unsecured debt that they have. Sometimes as little as 1%.

Chapter 13 is most frequently filed for people who want to save their homes but, due to a medical condition or layoff or other interruption in income, they have fallen behind in their payments, and the creditor now refuses to work with them.

Chapter 13 bankruptcy gives you up to 60 months, five years, to pay back the amount of the missed payments. It is also possible to catch up missed payments on automobiles as well.

In some cases, Chapter 13 permits you to pay only the value of the automobile, and not the entire contract price. In the right situation, this can result in a savings of thousands of dollars and you get to keep your car!

Our bankruptcy attorneys will review Chapter 13 options with you if it appears that a Chapter 13 bankruptcy might benefit you more than a Chapter 7, or, if you are not eligible for Chapter 7. Chapter 13 bankruptcy might solve all of your debt problems.

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Our Clients Tell Us...
  • overall Excellent
    I wish I could give Mr. West, and his awesome staff, TEN stars. Thank you for all of your help! I have good credit again and I got to keep my car. Thank you!guidedbyravens

  • overall Excellent
    Mr. West has been wonderful since the first time I talked to him on the phone. He was understanding, and helped make our difficult bankruptcy easier. He took our case on, when no one else would even return my phone calls. And I liked that I talked to him personally on the phone, even before he agreed to take the case. Mr. West and his staff are always on hand to answer any and all questions that I have. And sometimes they even go out of their way to find out the answers, or just to alleviate my concerns. They continually give me updates on any and all correspondences pertaining to my case. I would highly recommend Mr. West to anyone.Becca Alfred

  • overall Excellent
    My husband Richard and I met with Richard West to start a Chapter 13 bankruptcy today, and despite our embarrassment with regards to our finances, Mr. West made us feel comfortable. Mr. West was courteous, kind and professional and answered all of our questions. He not only discussed the process of filing, but also the process of rebuilding our credit afterwards. The office staff treated us respectfully and were extremely helpful and professional. I would highly recommend this law office to anyone considering bankruptcy.Kristi Estep

  • overall Excellent
    I had received a forclosure notice on a house that my ex-husbaned and I own. I have not lived in the house since 2004 and thought that my ex-husband had refinaced the house and got it out of my name. So to my surprise I received the court notice about the forclosure. I have been stressed to the max and worried about a judgement being placed on me. I heard of a law firm that could help with my problem so I made an appointment. Mr. West explained to me that the mortgage company was not pursuing me for any type of judgement and that I would not have to worry about any type of garnishment. I am so happy that I made the appointment. At the end of the appointment I was expecting to pay him for his time but there was no charge. I couldn't believe it! I highly recommend Richard West Law Office!Regina Prater