Advantages Of Filing Chapter 13 Bankruptcy in Appleton, WI
Don’t get frustrated if your income is too high for a Chapter 7. The advantages of a Chapter 13 are numerous. You can generally keep your most valuable assets, including your family home and car. If you are behind on your house or car payments, we can put the arrearage in the repayment plan. In some cases, we can even eliminate a second mortgage and modify an upside-down car loan to reflect the true value of the vehicle.
After a set amount of time, usually from three to five years, the remaining debts that may include credit cards or medical bills are typically discharged. You can then start over without the fear of aggressive collection actions or wage garnishment. One telephone call to Appleton Chapter 13 bankruptcy attorney Timothy J. Helbing can get you started.