| Are you struggling to pay your bills despite your | | | | is also lower than chapter 7 and can make |
| still steady flow of income? Are you wondering if | | | | restarting your payments easier. |
| filing for bankruptcy is your best option? Are you | | | | High debts translate into high bills that only get |
| unable to pay off your debts but still want to | | | | higher every month. Filing for chapter 13 |
| keep your house? | | | | bankruptcy will help you manage these bills. It can |
| If so, filing for Chapter 13 bankruptcy should be a | | | | provide you the ability to pay only one payment a |
| major consideration when dealing with the stress | | | | month while making progress in decreasing your |
| and complications involved in changing your | | | | debts. In addition, filers are protected by the |
| financial future. Although Chapter 7 is now the | | | | Automatic Stay, which prevents creditors from |
| most common form of bankruptcy, Chapter 13 is | | | | pursuing payments after the debtor has |
| sometimes a preferred option among individuals | | | | completed his or her bankruptcy claim. |
| and businesses. | | | | Recovering from the hardships of high debt can |
| About Chapter 13 | | | | be a difficult process without help. Unfortunately |
| There are many positive results that are possible | | | | the choices in the past do not go away, however, |
| when granted Chapter 13 bankruptcy. These | | | | there are options when it comes to recovery. |
| advantages may affect your decision on what | | | | For More Information |
| debts to take regarding your finances. Benefits | | | | If you are looking for more information regarding |
| may make it possible to keep your house and car. | | | | your Chapter 13 filling, you can visit the website |
| You can also protect the co-signers on your loans | | | | of the New Orleans bankruptcy attorneys of |
| from penalties and keep your tax refund check. | | | | Kervin & Young, LLC. |
| The primary payment on Chapter 13 bankruptcy | | | | |