Chapter 13

Chapter 13 Bankruptcy is designed to allow a debtor to pay back all or just a portion of their debt under the protection of the Federal Bankruptcy Court and Trustee. Often, Chapter 13 is a way to protect and maintain possession of property, such as homes and cars, while also eliminating other debts like credit cards and medical bills.

Many people may consider Chapter 13 to save a home from foreclosure or a vehicle from repossession. At Taibi & Associates, our experienced staff can guide you through the process of filing Chapter 13. Contact Us for a Free Consultation. Please do not put off the decision to file Chapter 13 if your case qualifies. Often times, this can lead to irreversible damage or loss of property.

Chapter 13 Bankruptcy is often filed due to loss of employment, illness, poor financial planning or divorce. At Taibi & Associates, we understand bad things can happen to good people and you should not be ashamed. Creditors use very aggressive sales tactics to entice borrowers and often loan to individuals with little or no ability to repay their debts. Creditors do this to make billions of dollars off excessive interest rates, sometimes, 21 percent or higher.