Should I File for Chapter 13 Bankruptcy After a Chapter 7 Discharge?
Even if you eliminated most of your debt in a Chapter 7 bankruptcy, filing for a Chapter 13 bankruptcy can help you pay off the debts that were not eliminated in a Chapter 7 bankruptcy. After a Chapter 7 bankruptcy discharge, Chapter 13 bankruptcy will let you:
Keep all of your property that you still have
Catch up on your mortgage payments that you are behind on
Pay off tax debts and other debts that could not be eliminated in a Chapter 7
Reduce the amount of your car loan that could not be eliminated in a Chapter 7
Eliminate your second mortgage completely
Pay off tax debt
Pay off alimony or child support
A Chapter 7 bankruptcy does not allow you to catch on your mortgage payments or car loans to avoid foreclosure or repossession. However, a Chapter 13 bankruptcy is a good option to help you reorganize and eliminate your remaining debt that was not wiped out by a Chapter 7 bankruptcy. When you are planning out bankruptcy, keep this option in mind if you have multiple types of debt you want to eliminate. Each person’s situation is different, let us personally take a look at your circumstances and see what are your best options for debt relief. Come in for a FREE consultation or schedule an appointment at 214.748.4848. We look forward to helping you get the fresh start you deserve.Even if you eliminated most of your debt in a Chapter 7 bankruptcy, filing for a Chapter 13 bankruptcy can help you pay off the debts that were not eliminated in a Chapter 7 bankruptcy. After a Chapter 7 bankruptcy discharge, Chapter 13 bankruptcy will let you:
Keep all of your property that you still have
Catch up on your mortgage payments that you are behind on
Pay off tax debts and other debts that could not be eliminated in a Chapter 7
Reduce the amount of your car loan that could not be eliminated in a Chapter 7
Eliminate your second mortgage completely
Pay off tax debt
Pay off alimony or child support
A Chapter 7 bankruptcy does not allow you to catch on your mortgage payments or car loans to avoid foreclosure or repossession. However, a Chapter 13 bankruptcy is a good option to help you reorganize and eliminate your remaining debt that was not wiped out by a Chapter 7 bankruptcy. When you are planning out bankruptcy, keep this option in mind if you have multiple types of debt you want to eliminate. Each person’s situation is different, let us personally take a look at your circumstances and see what are your best options for debt relief. Come in for a FREE consultation or schedule an appointment at 214.748.4848. We look forward to helping you get the fresh start you deserve.Even if you eliminated most of your debt in a Chapter 7 bankruptcy, filing for a Chapter 13 bankruptcy can help you pay off the debts that were not eliminated in a Chapter 7 bankruptcy. After a Chapter 7 bankruptcy discharge, Chapter 13 bankruptcy will let you:
Keep all of your property that you still have
Catch up on your mortgage payments that you are behind on
Pay off tax debts and other debts that could not be eliminated in a Chapter 7
Reduce the amount of your car loan that could not be eliminated in a Chapter 7
Eliminate your second mortgage completely
Pay off tax debt
Pay off alimony or child support
A Chapter 7 bankruptcy does not allow you to catch on your mortgage payments or car loans to avoid foreclosure or repossession. However, a Chapter 13 bankruptcy is a good option to help you reorganize and eliminate your remaining debt that was not wiped out by a Chapter 7 bankruptcy. When you are planning out bankruptcy, keep this option in mind if you have multiple types of debt you want to eliminate. Each person’s situation is different, let us personally take a look at your circumstances and see what are your best options for debt relief. Come in for a FREE consultation or schedule an appointment at 214.748.4848. We look forward to helping you get the fresh start you deserve.
