Chapter 13
Helping you repay your debts over time without losing your hard-earned assets
Chapter 13 Bankruptcy Attorney In Johnstown, Pennsylvania
Don't Lose Your Home Due To Debt
Unlike Chapter 7 bankruptcy, which clears all of your unsecured debts, Chapter 13 bankruptcy reorganizes your debt into affordable monthly payments. If medical bills or lost wages threw your finances off track, Chapter 13 bankruptcy could help you regain a solid financial footing.
The Law Offices Of Richard G. Allen has helped countless clients in Pittsburgh, Derry, Johnstown, Hollidaysburg, Indiana or Altoona, PA file for Chapter 13 bankruptcy. We can help you, too.
Speak with attorney Richard G. Allen in Johnstown or Hollidaysburg now to ask about reorganization bankruptcy. We'll help you create a manageable payment plan to get rid of your debt as quickly as possible.
Call Law Offices of Richard G. Allen at 814-980-6955 to schedule a consultation with a lawyer today.
How Do I Qualify for a Chapter 13 Bankruptcy?
First and foremost, Richard Allen understands that maintaining a consistent income is crucial–enough to meet regular court-ordered payments. Rest assured, this income doesn't necessarily need to originate from employment, as you can also be eligible if you receive benefits like Social Security, disability benefits, unemployment allowances, retirement benefits, or even income from rentals. However, those working as stock or commodity brokers, or corporations, unfortunately, are not eligible for a Chapter 13 bankruptcy scenario. Those running their own businesses or who are self-employed, can also seek services if their debts are within certain prescribed bounds. Moreover, if your debts have been accruing over a span of three to five years, you are likely to qualify, given you pass a means test to determine your eligibility. Richard Allen can help you evaluate your situation before you proceed to file, ensuring a Chapter 13 bankruptcy is beneficial for you. So, don't delay, reach out to Richard Allen in Pennsylvania to set things in motion.
What Happens During a Chapter 13 Proceeding?
First, let's determine your qualifications through the means test discussed earlier. If you're eligible, Richard Allen can guide you through a Chapter 13 bankruptcy procedure. This action will halt any foreclosures, wage garnishments, repossessions, lawsuits, or other disturbances from your creditors in Pennsylvania. Together, we'll devise a repayment plan for court approval. The court will assess whether you have proposed this plan in good faith, ensuring the amount towards your unsecured creditors is not less than a Chapter 7 filing. In this plan, payments must use all your disposable income – the income not used for your support and maintenance. The process is intricate, but with Richard Allen's comprehensive knowledge of bankruptcy law, you'll find confidence for a successful outcome. Let's begin this journey and navigate these complex waters together, contact Richard Allen today.
Should you file for Chapter 13 bankruptcy?
If you're ready to put an end to debt collection calls and wage garnishment, reorganization bankruptcy might be right for you. Reach out to attorney Richard G. Allen to ask about Chapter 13 bankruptcy if:
- You need to get caught up on your mortgage
- You're above the median income for your area
- You own property that wouldn't be protected in a Chapter 7 bankruptcy filing
Contact The Law Offices of Richard G. Allen
today to learn more about Chapter 13 bankruptcy. With the help of a dedicated attorney, you won't have to worry about losing your home to foreclosure.
Disclaimer: I am a solo practitioner and debt relief agency. Attorney Allen helps people file for bankruptcy relief under the bankruptcy code.
Have Questions?
Call Law Offices of Richard G. Allen at 814-980-6955 today to speak to an attorney.
Disclaimer: To proceed with filing for bankruptcy, the client must pay the full attorney fees prior to the official bankruptcy filing.