Chapter 13 Bankruptcy
A Chapter 13 bankruptcy allows individuals with a regular source of income to chalk out a plan that allows then to repay all their debts within a period of three to five years. Creditors are not allowed to make any collection efforts during this period.
It also allows the debtor to protect some or all of their assets depending upon the details of their situation.
The Law Office of Rowena N. Nelson is one of the leading Chapter 13 bankruptcy law firms in Northern Virginia. Contact us for free legal consultation.
We will be happy to help.
To understand how best to manange your assets when filing for a Chapter 13 bankruptcy contact us.