Chapter 13 Bankruptcy
Chapter 13 allows the debtor to reorganize debt and slowly pay off the debt over a given period of time, usually between 3-5 years. Your debt will be consolidated, and you will make one monthly payment to a bankruptcy trustee. At Mario Gunde Peters & Kelley, we will help you to pay as little as possible. You eliminate your debt and keep your hard-earned assets. Similar to Chapter 7, a debtor is presented with a fresh start and can begin anew once the debt has been paid off.
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