Serving Allegheny, Butler, Beaver, Fayette, Lawrence, Washington and Westmoreland Counties
Pittsburgh, PA | Veteran Owned Law Firm
Russ@BurdelskiLaw.com | (412) 366-1511
Chapter 13
Chapter 13 Bankruptcy
25 Years' ExperienceExperienced Bankruptcy Attorney
We Can Save Your Home From Sheriff Sale
We Can Save Your Home
Are you late on your mortgage payments? Did you just go through a bitter divorce and did your ex-spouse dump a load of bills on you? Did an unforeseen medical illness leave a ton of unpayable medical bills? Do you feel you are under a mountain of never-ending debt? Are you a hard-working individual but you see your piece of the American Dream slipping away?
owning your own home. Through the Bankruptcy Laws, we can help you preserve this valuable asset. Although this may seem like a frightening process at first, our competent Attorney will do everything to make this process less stressful.
Our experienced Attorney will take you step-by-step through the entire process so that there will be no surprises. Remember, your home is probably the biggest investment you’ll ever make. Don’t lose this opportunity to keep your home.
Call today to see if our attorney you can save the assets you've worked so hard to obtain. Our attorney will personally spend two and a half to three hours with you for the initial consultation explaining the process to you.
Understand How Chapter 13 Bankruptcy Works
Chapter 13 Bankruptcy lets you rearrange your financial affairs, perhaps even repay only a portion of your debts and put yourself back on your financial feet. Based upon the unique characteristics of your financial situation, our Attorneys can write a repayment plan which may allow up to 5 years to re-organize your financial affairs. This plan could allow you to payoff past due mortgage payments and arrearages on your home at a rate you can afford so long as a certain minimum payment level is met.
Additionally, a portion or even all of your unsecured debt, i.e. Credit Cards, Medical Bills, Utility Bills, Personal Loans, etc., may actually be discharged if your situation warrants. A debt that is discharged never has to be repaid! Every month this could free-up extra money so that you will be able to continue making the payments according to your individual Chapter 13 plan.
Chapter 13 is also known as a reorganization or repayment bankruptcy. Provided that you have a steady source of income and can make your monthly mortgage to be able to cure your mortgage arrears over five years, you may be able keep your house.
If you have a high interest rate loan that is secured by a car or other item of personal property, a Chapter 13 Bankruptcy Attorney can negotiate on your behalf with the lender to have the interest rate reduced to a reasonable level. Further, if your situation warrants, the actual principal amount owed on the loan can possibly be negotiated down to a level that much more closely matches the value of the car (or other item of personal property) that secures the loan.
While you are in a Chapter 13 Bankruptcy all creditors, including the IRS, may not take actions against you or your property so long as your case is in good standing.
Most people are aware that the bankruptcy laws have changed. The New Bankruptcy Law
requires that you obtain a certificate from an approved consumer credit counseling agency before any new bankruptcy case can be filed. Obtaining the Consumer Credit Counseling Certificate is a relatively simple, though necessary requirement. Our office can help you get your required certificate. Don’t delay in calling because there are strict time limitations involved with getting your certificate.
Federal Law requires us to tell you that Burdelski Law Offices is a Debt Relief Agency that proudly helps people file for Bankruptcy Protection.