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Chapter 13 Bankruptcy


Orlando Chapter 13 Bankruptcy Attorney - Lawyer, providing experienced Chapter 13 Bankruptcy Law legal Services in Orlando, Orange County, and the surrounding Central Florida area.


A Chapter 13 Bankruptcy, unlike a Chapter 7 Bankruptcy, does not provide a release of debt, but rather a restructuring of the debt in a manner which is considered manageable to repay the dept.

Many times the debt to be paid back may be less that currently owed through negotiation. In a Chapter 13 Bankruptcy, a debtor proposes a repayment plan to the creditors, over a 3 to 5 year period, in a good faith proposal to pay off all or part of the debts from the debtor's future income.

A Chapter 13 Bankruptcy can:

  • Prevent the foreclosure of a home;

  • Make up delinquent car or mortgage payments;

  • Pay back taxes;

  • Stop interest from accruing on your tax debt (local, Florida state, or federal);

  • Keep valuable property which is non-exempt in a bankruptcy;

  • And manage other financial situations which may be affected by a Chapter 13 bankruptcy proceeding.

Steven M. Fahlgren represents the rights and goals of those who must address chapter 13 bankruptcy legal issues in the Orlando, Orange County, and surrounding Central Florida areas. For a confidential legal consultation, please call 904.845.2255.

Creditors often will work with debtors in a Chapter 13 Bankruptcy, as Chapter 13 provides the opportunity to recover funds from you, as apposed to a Chapter 7 Bankruptcy where the potential to recover a larger portion of the debt is diminished.

Those who are more likely to file for a Chapter 13 Bankruptcy are individuals who seek to hold on to possessions such as a home, multiple vehicles, or other property or assets.

If you have questions, concerns, or needs regarding chapter 13 bankruptcy legal issues, we urge you to seek the legal advice of an experienced Orlando chapter 13 bankruptcy attorney - lawyer. Contact The Law Offices of Steven M. Fahlgren, P.A., at 904.845.2255 to schedule a confidential legal consultation.

A Bankruptcy will appear on your credit report for 5 to 7 years. This does not mean you cannot get credit after filing for bankruptcy. Most lenders will extend credit within two or three years after filing a bankruptcy case. Generally, the effect of bankruptcy on your credit is not a bankruptcy issue; it is a banking or credit issue.

Steven M. Fahlgren aggressively defends the legal rights of those involved in the Bankruptcy process, while addressing all related issues that should be taken into consideration when defending your legal rights.

If you require professional legal services regarding chapter 13 bankruptcy legal issues, be proactive in protecting your legal rights by seeking the legal advice of an experienced Orlando chapter 13 bankruptcy attorney - lawyer. Contact The Law Offices of Steven M. Fahlgren, P.A., by calling 904.845.2255.


Orlando Chapter 13 Bankruptcy Attorney - Lawyer, providing experienced Chapter 13 Bankruptcy Law legal Services in Orlando, Orange County, and the surrounding Central Florida area.

 

 

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