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Chapter 13

Chapter 13 Bankruptcy involves creating a court managed 
reorganization or wage earner plan. There are advantages and disadvantages to this solution. The greatest advantage is that you can keep most non-exempt property that otherwise one would lose in a Chapter 7,through the repayment of your debt. Chapter 13 stops foreclosures, removes liens and possibly can also discharge second and third mortgages. In addition, Chapter 13 can possibly lower your auto loan interest rate. The debts that you discharge are not considered income per the IRS guidelines. The Chapter 13 will also stop credit card interest rates and late payments. You will discharge your debt over a period of three to five years. With over 40 years of helping Ohioans, the Krainess Law Firm is here to help you, call me today and I will try to help you decide on the best option for you. If Chapter 13 is what you need then I can help you navigate through the process as I have done for other satisfied clients.

The fee's for Chapter 13 could be as low as $368.00, if you qualify, with the bankruptcy fees paid through the plan. Call now  for your free initial consultation at 216-320-4357 (HELP) to see if you qualify.