Chapter 13 Bankruptcy
There are many reasons why you would decide to file a Chapter 13 bankruptcy instead of a Chapter 7 bankruptcy. Some of those reasons may be:
•You do not qualify for a Chapter 7 bankruptcy due to your high income
•You want to save your house from foreclosure
•You want to save your car from repossession
A Chapter 13 bankruptcy will generally allow you to consolidate all your debts, such as unsecured debts and if applicable, delinquent mortgage and/or vehicle payments, into a payment plan. However, in order to qualify for a Chapter 13 bankruptcy, you must have a steady income that is sufficient enough to pay for your living expenses, as well as your Chapter 13 payment plan. In the event that you are unable to provide proof to the court that you can sustain paying both living expenses and a Chapter 13 payment plan, the court will deny your request.
My office is conveniently located in Woodland Hills, CA. I represent Chapter 13 Debtors all across Southern California, including, but not limited to Arleta, Burbank, Calabasas, Canoga Park, Chatsworth, Encino, Glendale, Granada Hills, Lake View Terrace, Los Angeles, Mission Hills, North Hollywood, Northridge, Pacoima, Panorama City, Porter Ranch, Reseda, Riverside, San Fernando, Sherman Oaks, Studio City, Sun Valley, Sunland, Sylmar, Tarzana, Tujunga, Van Nuys, Winnetka, and Woodland Hills.
Girgis Law Firm - A name you can trust.
CLICK HERE to contact me or call (818) 986-5000 for your free consultation with me, an experienced bankruptcy attorney.
What you need to get started to file your Chapter 13 bankruptcy:
• Your paystubs for the last six months (if applicable)
• Your most recent creditor statements (i.e. credit card bills, medical bills, loan statements, etc.)
• Your most recent bank statements from all financial institutions
• Your tax returns must be filed for the last four years
Chapter 7 bankruptcy