How Chapter 13 Bankruptcy Can Affect Your Future

Chapter 13 BankruptcyIf your debt has got out of control, don’t let this be a burden to you. There are steps that you can take to get out of debt. One such way includes filing a Chapter 13 bankruptcy. By filing for Chapter 13, you can regain power of your financial status by acquiring a payment plan that fits nicely into your budget. Let’s take a close look at what a Chapter 13 bankruptcy can do for you.

  • Protect your assets
  • Eliminate interest, and in some cases all of it
  • Help you stay in control of your assets
  • Consolidate your debts into one monthly payment
  • Eliminate junior mortgages
  • Reduce your car payment
  • Eliminate your unsecured debt
  • Protect co-signers
  • No liquidation

Read more