Chapter 13 is a powerful tool. If you are upside down on your car or mortgage or are facing foreclosure and you want to keep your home our chapter 13 bankruptcy can help! With chapter 13 bankruptcy you can consolidate your debts, reduce your monthly payments to your creditors and discharge remaining debts after completion of a chapter 13 repayment plan.
Unique tools available in chapter 13 (that aren’t available in chapter 7)
- Reduce your interest rate on a secured loan like a vehicle;
- Reduce the amount you have to pay to keep your vehicle;
- Eliminate a second mortgage;
- Bring a past due secured debt (mortgage or vehicle) current over time.
Find out how the power of a chapter 13 bankruptcy in Draper can help you with a Free Draper Bankruptcy Evaluation.