*
*
Spouse:
*
Home Phone: *
Work Phone:
State: *
Best Contact Time:

Total amount of unsecured debt
must be $10,000 or more.
 
Debt Amount: *
 
calculate your debt
Vendor Debt
Collection Agencies
Equipment Leases
Attorney Demand Letters
Lawsuits
Judgements
Third Party Medical Claims
Mechanic Liens and more...
Student Loans
Secured Debts
Government Loans
Lawsuits, IRS Debt / Taxes
Utility Bills, Auto Loans
Home Loans / Mortgages
debt settlement family


Chapter 13 Bankruptcy

Chapter 13 bankruptcy, unlike Chapter 7, involves a repayment plan. The repayment plan is approved by the bankruptcy court and involves an individual paying a feasible monthly payment, while still being able to fulfill their basic needs. An individual who has filed for a chapter 13 bankruptcy is allowed to keep their assets while paying a monthly fee for 3 to 5 years. To qualify for chapter 13, your unsecured debts must be less than $250,000 and your secured debts must total less than $750,000. An individual must also have a stable and regular income.

If an individual has considerable debts that may be liquidated and lost under Chapter 7, they may consider chapter 13. Many debts that can not be discharged under Chapter 7 bankruptcy can be removed with a Chapter 13 bankruptcy filing. For example: if an individual was behind on mortgage payments, rather than stand the risk of losing their property, as with a chapter 7 filing, they can negotiate a payment method with the bankruptcy court. Even the IRS can be paid back over time if an individual has an outstanding federal income tax balance. However, the effects of filing for bankruptcy can be fairly psychologically detrimental. (To find out about the effects of bankruptcy click here.) At Newport Financial we offer free information on alternatives, so make sure you are making the correct decision and call us today at 888.243.7888

ABOUT BANKRUPTCY

Chapter13 Bankruptcy

The Last Resort

Effects of Bankruptcy

Chapter7 Bankruptcy

Common Forms of Bankruptcy


ABOUT CREDIT CARD DEBT

Department Store Credit

Secured Credit Cards

Unsecured Credit Cards


ABOUT CREDITORS

Fair Debt Collection

Get Relief From Creditor/Collection Harassment


ABOUT DEBT

Debt Consolidation Loans

Debt Settlement


ENJOY LIFE AGAIN

Understanding Credit

Rebuilding Your Credit


HOW TO SURVIVE

Depression

Stress

Anxiety






USAOBA Member WebAssured.com