Chapter 13
Will stop foreclosure and all activity where creditors are trying to take your money or assets while you are in a Chapter 13 debt consolidation /reorganization plan.
This protection can last as long as 5 years if needed.
This allows you to set up a debt management plan where you keep all your assets and pays off all foreclosure arrears & all secured debt on vehicles furniture, appliances.
Then it pays all priority debt like taxes.
Finally it pays nothing to 100% of unsecured debts like credit card debts with no interest.
When you complete your Chapter 13 bankruptcy you will normally be debt free except your home mortgage. Even debts that creditors claim were incurred by fraud are discharged
Please call today for a free consultation: 773-727-5491
Email: info@teamlegalchicago.com