Chapter 13 Bankruptcy

Chapter 13 Bankruptcy

Chapter 13 bankruptcy allows individuals with regular income to pay their debts over an extended period using a court-approved, supervised, and enforced payment plan. Through this plan, installments will be made to creditors over a period of three to five years based on individual income.

Uninformed filers have experienced very low rates of success in getting plans approved. However, with the help of a trained attorney, such as David Brunelle, your chances of getting a plan approved increase exponentially!

You may be eligible for Chapter 13 if you are an individual (including self-employed) or operate an unincorporated business. There are various other qualifications that must be met and certain processes that must be followed in order to obtain Chapter 13 bankruptcy. This is where attorney David Brunelle comes in! Give David a call and set up a complimentary 30-minute consultation to review whether Chapter 13 is the best option for you.

The Advantages of Chapter 13 Bankruptcy:

  • Save home from foreclosure (ability to catch up on mortgage payments)
  • Ability to reschedule secured debts and extend them over Chapter 13 plan
  • Acts as a consolidation loan (make one payment)
  • Not all creditors need to be paid in full- unpaid amounts may be discharged
  • No loss of property

David Brunelle will walk you through the steps of filing for bankruptcy and work with you directly to develop the best repayment plan for you. Despite the negative connotations associated with filing for bankruptcy, this is actually the first step to relieving your stress!

During the period of your repayment plan, creditors are forbidden by law to start or continue collection efforts. You will be able to avoid these stressful calls, while moving forward towards a debt free life! Call David Brunelle today at 413-539-5959 to set up your 30-minute consultation!

Attorney David Brunelle handles personal injury cases in Western MA, including Springfield, Holyoke, and Chicopee, and in Northern CT, including Suffield, Enfield, and Somers.