Cherry Hill Chapter 13 Lawyer Explains the Benefits of Chapter 13 Over Chapter 7 Personal Bankruptcy Protection

The chapter of bankruptcy filed may depend on which one a person qualifies for. There may be no opportunity for the filer to choose the chapter they prefer. For those who do have the choice, careful examination of the situation may lead to me recommending Chapter 13.

My name is attorney Joel R. Spivack. I have more than 25 years of bankruptcy experience, so I understand the importance of getting to know your unique situation. I customize my advice based on your needs. Your needs may be best served by the strengths of Chapter 13 bankruptcy.

Chapter 13 bankruptcy gives you the opportunity to address a broader range of debt. Some debts not addressed in Chapter 7, such as IRS debt or student loans, can be made part of the Chapter 13 repayment plan. This chapter of bankruptcy also opens doors that are not available in Chapter 7. For example, stripping second mortgages is an option under Chapter 13.

Under Chapter 13, you are not required to give up any of your property. Instead, you will be able to pay off mortgages and car loans that you have fallen behind on and reinstate the agreements. Foreclosure and repossession actions will be stopped in the process. If you have valuable property that is paid off, such as a car, you will not have to turn it over.

Contact the Law Office of Joel R. Spivack to Find Out Why Chapter 13 Bankruptcy May Be Your Best Option

During your meeting with me, I will talk to you about how the strengths of Chapter 13 bankruptcy can benefit you. I will ask you questions and examine your case closely. If I find that another option may make more sense, I will explain why.

Schedule a Free Initial Consultation with an Experienced Camden County, NJ Debt Lawyer

My office is open weekdays from 8 a.m. to 5 p.m. and offers free parking. Contact me today at 856-861-62035 or toll free at 866-488-2193 for a free initial consultation with a Cherry Hill Chapter 13 attorney. You can also contact me by e-mail.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.