Bankruptcy Chapter 13 Bankruptcy

Chapter 13 Bankruptcy

Bankruptcy Attorney in Ashland City

Also known as a wage earner’s plan, chapter 13 bankruptcy allows individuals with a consistent income to create a plan to pay off all or some of their debts. This chapter of bankruptcy allows debtors to draft a repayment plan that would pay off their debt to creditors in installments over several years. If the debtor’s current income per month is more than their state’s median monthly income, their installments must be paid over five years. If their income is less than the state’s median, their plan must be for three years. This chapter, among other things, protects debtors from creditors by preventing the creditors from continuing or starting collection efforts.

To learn more about chapter 13 bankruptcy and how The Bankruptcy Firm of Middle Tennessee can help you, contact us online or call us today at (615) 203-8057. Our Ashland City bankruptcy lawyer is available for virtual or over-the-phone appointments.

How We & Chapter 13 Can Help You

The paperwork and procedures for filing for chapter 13 bankruptcy are confusing, abundant, and laborious. Our bankruptcy attorney in Ashland City has extensive experience in this complex practice area and is intimately familiar with all of the related paperwork, procedures, and laws. We can help you with all your bankruptcy needs in a timely and professional manner while ensuring your rights are protected throughout the legal process. Allow us to fight for your best interests and help you get the financial assistance you need.

Chapter 13 bankruptcy can provide the following benefits:

  • Allows the debtor to make planned payments to a chapter 13 trustee who can then make payments to creditors, by acting as a consolidation loan
  • Protects third parties from the debtor if they are liable for consumer debts
  • Offers individuals a chance to save their homes from foreclosure
  • Allows people to reschedule debts that are secured

Call (615) 203-8057 for Personalized Services

At The Bankruptcy Firm of Middle Tennessee, our bankruptcy lawyer in Ashland City provides all our clients with compassionate, individualized, and effective legal services. We know that this is most likely an extremely difficult and stressful time in your life right now, which is why we will work to handle all your legal issues quickly and efficiently. Our legal team will get to know you personally and will do everything we can to help you become happy and financially independent again. We genuinely care about our clients and it shows in everything we do. Find out why we are the premier bankruptcy law firm for many individuals throughout Ashland City and the surrounding areas.

To schedule your consultation, please contact us today at (615) 203-8057 and find out how we can help you with all your bankruptcy needs.

4 Reasons to Turn to

The Bankruptcy Firm of Middle Tennessee, LLC
  • 100% Focused on
    Bankruptcy Law

    Our firm can provide comprehensive guidance through the process of a Chapter 7 or 13 bankruptcy filing.

  • A Judgement-Free
    Law Firm

    The Bankruptcy Firm of Middle Tennessee, LLC meets clients where they are, no matter the circumstances they are dealing with.

  • Insightful Knowledge of
    the Filing Process

    We are truly devoted to helping clients put their best feet forward through their bankruptcy filing—by any and all means necessary.

  • Helping Clients Get
    a Second Chance

    Our compassionate attorneys care deeply about the financial futures and well-being of our clients. Trust us to keep your best interests in mind.