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Bankruptcy Chapters 13 Information

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Instructions and help about california chapters 13

Welcome to The Golden Law Group in this video we'll explain how chapter 13 Works allowing you to see if you have the potential to apply for this option don't hesitate to give us a call for a free consultation to talk about your specific situation now let's start and dive into the Journey of chapter 13 in the complex world of bankruptcy Chapter 13 offers a customized reorganization plan tailored to protect your most valuable assets when with chapter 13 you have the opportunity to Shield crucial assets such as your home from being seized unlike chapter 7 where assets might be sold off chapter 13 allows you to negotiate and repay some debts over a specified period chapter 13 offers debt forgiveness light it focuses on restructuring your debt forgiving some but not all debts like child support taxes and student loans are typically not wiped away but not everyone qualifies for this reorganization to file for chapter 13 you need a stable income and a positive history

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