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Chapter 13 Bankruptcy

A Chapter 13 bankruptcy is designed for people who have a home, a car, or other property they want to protect and who have a source of income that will allow at least a minimum payment of $100 monthly. Many people find it easier and faster to file than a Chapter 7, because only the filing fees and costs have to be paid up front.

Once our experienced bankruptcy attorneys have filed your petition, there will be a payment that will usually be payroll deducted that will go to the Trustee. This payment will pay for your car payment and any other secured debt, your attorney fee and your Trustee fee. It will last for 3-5 years and, when your bankruptcy is finised, you will have the title to your car, but your unsecured debt, like your credit cards and your medical bills, will be discharged, or erased.

If you are behind on any payments on your home or on your car, your attorney will use a Chapter 13 bankruptcy to give you time over the bankruptcy to catch up on those payments. You can also pay your back taxes and back child support through your bankruptcy. Many people find that a chapter 13 bankruptcy consolidates debt, and they are paying out less monthly through their bankruptcy than they currently are for their car payment and other secured debts. Call our bankruptcy lawyers today for a free first visit to find out how bankruptcy can help you.

 

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From offices in Fayetteville, Springdale, Arkansas and Rogers, Arkansas, the lawyers of Jack & Holly Martin & Associates, Attorneys at Law, P.A. represent people in towns and counties throughout Northwest Arkansas, Northeast Oklahoma and Southwest Missouri, serving the people of Washington County, Benton County, Madison County, Carroll County, McDonald County, Barry County, Stone County, Taney County, Ottawa County, Delaware County and Adair County. We work in communities such as Fayetteville, Springdale, Rogers, Bentonville, Bella Vista, Garfield, Pea Ridge, Lowell, Farmington, Berryville, Eureka Springs, Harrison, Pineville, Anderson, Noel, Seligman, Cassville, Grove and Jay.

1-800-864-0618

Fayetteville - 444-8844
Rogers - 636-6400
Springdale - 756-9222

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