Chapter 13

Chapter 13 Bankruptcy Lawyer in Roseville, CA

Duran Law Office, P.C.'s skilled chapter 13 bankruptcy attorney in Sacramento can help you find the solutions you need to get out of debt. This type of debt relief is a debt repayment plan when you do not qualify for chapter 7 and want to protect your assets. There are restrictions, so it’s best to speak to a lawyer who knows the law and can make sure that everything goes smoothly.

Chapter 13 Bankruptcy

A Viable Option for Businesses in Roseville and the Surrounding Area

Your small business may prefer chapter 13 for businesses over chapter 7. This is a good choice for sole proprietors and LLCs that want to protect the assets of the company and stay in business. A Ch. 13 offers financial breathing room so that you can pay creditors while keeping your doors open to bring in income.

How to Rebuild Credit after the Fact

While credit repair is a lengthy process, it can be done after a Ch. 13 or Ch. 7. These items will stay on your credit report for up to ten years, but this is often a better solution than continuing to go deeper in debt. Working with an experienced lawyer will protect all the parties involved.

What Can I Keep?

A bankruptcy lawyer can explain the items you can retain after your bankruptcy. Bankruptcy exemptions generally include:

Your home
The proceeds from a life insurance policy
Rent and security deposits
Household goods, limited to a certain value
Your personal car, provided it is within a certain value
Tools that you use in your profession
Provisions for yourself and your family

 

Get Started Today

Call 916-779-3316 for an experienced bankruptcy attorney with Duran Law Office, P.C. in Sacramento and Roseville. Get the information and support you need for financial relief today.