Seeking Debt Relief Through Chapter 13 Bankruptcy
Chapter 13 bankruptcy is for people who earn a steady income but are having a difficult time keeping up with mortgage payments, car payments or other high interest loans. Instead of completely liquidating assets, Chapter 13 offers debtors a chance to repay some or all of their debts over a 36 to 60 month period. At Danton & Smyk, we are adept at handling all aspects of Chapter 13 bankruptcy and seek manageable debt consolidation for all of our clients.
Are you thinking about filing for Chapter 13 bankruptcy? Contact us today online or by phone at 1-888-858-7135 to set up your free initial consultation. We serve clients throughout the Detroit metropolitan area.
Is Chapter 13 Bankruptcy Right for You?
Under Chapter 13 bankruptcy, you are required to pay a portion of your debt — your unsecured creditors will receive as little as nothing, or as much as 100 percent, depending upon your circumstances. Your debt will be restructured into a payment plan that you will be required to pay off over a period of three to five years. At Danton & Smyk, we urge our clients to consider the following questions about Chapter 13 bankruptcy before filing:
- Are you being harassed by creditors? Chapter 13 bankruptcy will stop creditor harassment.
- Are you facing foreclosure? Chapter 13 bankruptcy can stop the immediate threat of foreclosure and allow you to keep other non-exempt assets as long as you remain current on payments.
- Are you struggling to keep up with credit card payments? Chapter 13 can eliminate late fees and reduce your interest rate to 0%.
At Danton & Smyk, we will thoroughly review your financial situation to determine if Chapter 13 bankruptcy is the right option for you. Please note, you may need to consider Chapter 7 bankruptcy or perhaps, not filing for bankruptcy at all.
Contact a Southfield bankruptcy lawyer today
Would you like to find out if Chapter 13 bankruptcy is right for you? Contact us today online or by phone at 1-888-858-7135 to set up your free initial consultation. We can help you consolidate your debt and establish a repayment plan that works for you. Payment plans are available.
We are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code.
