Serving Western PA
Chapter 13 bankruptcy is often the preferred route for individuals facing overwhelming debt. You can count on Rice and Associates Law Firm to help decide if it's right for you. We'll work with you to examine your financial situation, understand the full ramifications of filing Chapter 13 bankruptcy, and see if it's your best choice.
In filing Chapter 13 bankruptcy, you propose a manageable payment plan to repay all or part of your debts over 3-5 years. Debts may be extended and payments on those debts may be lowered. Chapter 13 reorganization can resolve mortgage problems, IRS issues, and more.
In many cases, this action can stop foreclosure proceedings and resolve delinquent mortgages, thereby allowing you to keep your home and other assets that may be forfeited in Chapter 7 bankruptcy.
You must meet certain requirements in order to have your Chapter 13 plan approved by the court. We have over 20 years of experience in bankruptcy law, and we can help you formulate an acceptable plan.
Let us help you find a way through the financial maze. We offer you convenient weekend and evening appointments!
Call today to schedule a FREE consultation about Chapter 13 bankruptcy.
Rice and Associates Law Firm is a debt relief agency. We help people file for relief under the Bankruptcy Code.
You must propose your plan in good faith.
You must propose a feasible plan under which you can afford to make the payments.
Your plan must be your best effort to repay your creditors.
Under your plan, your creditors must receive at least as much money as they would receive in a Chapter 7 bankruptcy. If the court decides you have more property than it considers reasonable, you will have to repay your creditors in order to retain that property.