Chapter 13 Bankruptcy Is a Powerful Debt-Relief Tool

Bankruptcy is a viable means to work through extremely difficult financial problems. Depending on your circumstances, certain types of bankruptcy may make more sense. If you own a home and do not want to lose it to repossession, or if you have a regular income and simply need to repay some or all of your debts, Chapter 13 may be right for you. If you are in the midst of financial turmoil and are considering filing for bankruptcy, it is critical to get the right bankruptcy lawyer.

In Chapter 13 bankruptcy, you repay your creditors over a three- to five-year time frame. You repay your secured creditors, such as your mortgage lender or the holder of your automobile loan, in full. You pay your unsecured creditors, debts such as your credit cards and medical bills, some portion of what they are owed. At the conclusion of your payment plan, any remaining unsecured debts are discharged.

Your bankruptcy lawyer should have a full understanding of the bankruptcy laws and how they apply to your situation. Call 513-723-1600 or contact the law firm of Minnillo & Jenkins CO. LPA online. Since 1996, we have helped thousands of people throughout, Cincinnati and the surrounding areas of Ohio and Kentucky get debt relief through the bankruptcy process.

Stopping Foreclosure and Repossession in the Bankruptcy Process

Chapter 13 is very useful for people who have fallen behind on their mortgage and want the opportunity to catch up. Chapter 13 is also a positive option for people who have significant assets that may be subject to liquidation in Chapter 7 bankruptcy. Chapter 13 is also an option for people whose incomes exceed the state median income levels. Chapter 13 also offers a measure of flexibility. If, during your payment plan, you find you are unable to continue making payments, it may be possible to convert your Chapter 13 bankruptcy to a Chapter 7 bankruptcy.

Contact the Chapter 13 Bankruptcy Attorneys of Minnillo & Jenkins

When you work with our law firm, we will think strategically and plan to help you achieve maximum debt relief. Call 513-723-1600 today to schedule your free initial consultation. We have four offices located in Cincinnati, Eastgate, Fairfield and Covington, Kentucky. Weekend and evening appointments are available

We are a law firm and a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.