Stockton, California Attorneys Helping You File for Chapter 13 Bankruptcy
It is easy to fall behind on bills. Paychecks only go so far and expenses keep piling up. Filing for personal bankruptcy may be your best option for catching up and moving forward.
At Scott and Nichols, we understand that overwhelming debt does not discriminate. Whether you are a store clerk or a CEO, we provide non-judgmental counsel aimed at helping you build a solid financial future. Debt does not have to ruin your life. We can help you determine if Chapter 13 bankruptcy is the right option for you. Contact us to schedule a free consultation with an experienced, knowledgeable lawyer.
What Is Chapter 13 bankruptcy?
Chapter 13 bankruptcy is often known as payment plan bankruptcy. If you are eligible for Chapter 13 bankruptcy, you will be given time to pay your debts through a court-approved repayment plan. A repayment plan typically lasts from three to five years. Following successful completion, remaining dischargeable debts will be eliminated.
When you file for Chapter 13, an automatic stay is issued. An automatic stay immediately stops repossession actions, wage garnishments and harassing calls from creditors.
Is Chapter 13 Bankruptcy the Right Option?
Chapter 13 is often a good choice for people who own property or have significant assets. In Chapter 13, it is easier to stop home foreclosure, maintaining the home equity you have worked to build. Even if you qualify for Chapter 7 bankruptcy, you may wish to file for Chapter 13 to save important possessions. Attorneys Stephen Scott and Kenneth Nichols can help you make the decision that is right for you and your debt consolidation needs.
Contact Scott & Nichols
Our firm is dedicated to providing quality personal service. As our client, you can rely on continued communication about your case's progress. We promptly return your phone calls and answer your questions. To arrange a free consultation with a knowledgeable lawyer, contact our office at 209-942-4300. We can help you move beyond this bump in the road.
