Chapter 13 Bankruptcy

Cape Coral Chapter 13 Bankruptcy Attorney and Lawyer providing experienced Chapter 13 Bankruptcy legal services in Cape Coral, Fort Myers, Naples, Bonita Springs, Punta Gorda, Port Charlotte, Immokalee, Lee County, Collier County, and the entire State of Florida.

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.

As a law firm providing experienced Chapter 13 Bankruptcy Attorney - Lawyer legal services, we have proudly assisted many residents in Cape Coral, Fort Myers, Naples, Bonita Springs, Punta Gorda, Port Charlotte, Immokalee, Lee County, Collier County, and those throughout the entire State of Florida with Chapter 13 Bankruptcy issues. We are committed to protecting the legal rights of each and every client, while always striving to provide the highest standard of legal representation. Contact Berke Law Firm, P.A., by calling 239.549.6689 or by using our online submission form.

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.

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.

The longer an individual waits to obtain legal representation may directly affect their ability to achieve a successful outcome. Therefore, if you are considering filing for a chapter 13 bankruptcy, it is important to seek the legal advice and representation of an experienced legal counsel.

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.

If you require professional legal services regarding Chapter 13 Bankruptcy issues in Cape Coral, Fort Myers, Naples, Bonita Springs, Punta Gorda, Port Charlotte, Immokalee, Lee County, Collier County, or throughout the entire State of Florida, be proactive in protecting your legal rights by seeking the legal advice of an experienced Cape Coral Chapter 13 Bankruptcy attorney - lawyer. Contact Berke Law Firm, P.A., at 239.549.6689 or by using our online submission form.