Benefits of Filing Chapter 13 Bankruptcy in Wallingford
Chapter 13 bankruptcy is a court-ordered reorganization that allows individuals to develop a customized plan for the repayment of all or part of their debts. Our Chapter 13 Plans are specifically tailored to individual income and expenses. Chapter 13 allows you to retain all your personal or business assets and pay back debts over a three to five year period based upon your particular economic circumstances.
The filing of a Chapter 13 bankruptcy prevents Wallingford, CT homes from going into foreclosure and halts all pending foreclosures through the creation of an automatic stay. This stops all collection actions, lawsuits and foreclosures; including:
- Collection actions and lawsuits
- Foreclosure actions in any stage
- Court Judgments
- Liens, Levies, Garnishments or attachments
- Repossessions of vehicles or other assets
- All Tax Collections for any kind of tax
- Garnishments or Bank Account Attachments
At the Bankruptcy Law Offices of Neil Crane, we’ve been one of the leading providers of Chapter 13 relief for our Wallingford and New Haven County clients since 1983. We specialize in the creation of fully customized and comprehensive Chapter 13 bankruptcy relief.
To learn more about the benefits of Chapter 13’s protections and debt prioritizations, call us at 203-230-2233 or toll free at 1-888-249-3027, or fill out our simple online Contact form for a prompt response.
Complete Debt Relief and Protection Under Chapter 13
The ability to adjust or alter any debt of any kind is one of the primary reasons that Chapter 13 is the best chapter of bankruptcy relief available for individuals or families in financial trouble. Our Wallingford Chapter 13 attorneys can evaluate your financial problems and utilize the Chapter 13 system to:
- Maintain and protect all personal and business assets
- Save your home from foreclosure or any stage of default
- Provide relief from all types of personal or business tax debt
- Automatically stay all creditor actions, collections or lawsuits
- Remove second mortgages, liens, attachments and garnishments.
Full coverage, prioritization of important debt and individual customization are the key elements to permanent financial success through Chapter 13. To learn more, call us at 203-230-2233 or toll free at 1-888-249-3027.
Customized Chapter 13 Plans at the Law Offices of Neil Crane
Chapter 13 Prioritizes Debts in order of importance. This means that financial resources are directed to your most important bills first before any monthly income is spent on unnecessary obligations. Chapter 13 properly prioritizes mortgage debt above all other obligations, especially credit cards and other high interest debt that merely serves to rob income needed for more important household bills.
Successful financial turnarounds require a complete, educated and comprehensive review of all the specifics of each case. Every family budget is unique and requires long-term customized solutions based on your particular debts and available financial resources.
In the hands of our specialized Chapter 13 counsel, the entire Chapter 13 process is completely customized to your individual needs, income and expenses.
To learn more about Chapter 13 Plans of Reorganization for Wallingford, CT residents, fill out our online Contact Form, or call us at 203-230-2233 or toll free at 1-888-249-3027.