Bankruptcy Chapter 13 Pennsylvania

Stroudsburg PA Chapter 13 Bankruptcy Attorneys

Also referred to as a “wage-earner” plan, Chapter 13 allows you to repay your debts according to a court-approved repayment plan over a three- to five-year period. Under Chapter 13, you make one payment to your trustee, who is then responsible for distributing the funds to your creditors.

Bankruptcy Chapter 13 vs Chapter 7

The Wage Earner Bankruptcy vs. The Liquidation Bankruptcy

Today there are two common forms of bankruptcy relief, Chapter 7 and Chapter 13. Chapter 13 is sometimes called wage-earner bankruptcy. It seeks to stretch out payments so that they are achievable. Chapter 7 is referred to as liquidation bankruptcy. It is for people who are simply unable to pay their debt no matter how payments might be rescheduled.

—> Read more about the differences  between chapter 7 and chapter 13 Bankruptcy

Contact Our Stroudsburg PA Bankruptcy Lawyers

Contact our office today to discuss your bankruptcy issues with our experienced Stroudsburg Chapter 13 bankruptcy lawyers. Find a bankruptcy chapter 13 attorney near me. Contact us about filing bankruptcy chapter 13.

We are available 9 a.m. to 5 p.m. weekdays and by appointment. Call us at 570-421-9090, toll free at 800-506-0191 or fill out the online Bankruptcy law contact form to schedule an initial explanatory consultation with an attorney.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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