Chapter 13 bankruptcy is a viable option for consumers who do not qualify for Chapter 7 or who want to protect secured assets including a car or a home. It is often known as "reorganization" bankruptcy because it allows individuals who file to restructure debts with creditors, minimizing interest, penalties, and the principal balance. At Nardi & Nardi, P.A., we offer experienced and strategic advocacy to protect the rights and interests of our clients who are seeking strategic debt relief solutions.
Chapter 13 allows you to protect your property while restructuring your debt to repay creditors. You can take control and regain financial independence.
Protect your rights, your family, and your future. Call now at (407) 478-0074 or contact us by e-mail for experienced legal advocacy you can trust.Restructuring Debts Under a Chapter 13
If you are considering Chapter 13 bankruptcy, it is important to consult with an experienced attorney who can adequately protect your rights and interests. Our attorneys have extensive experience handling Chapter 13 bankruptcies, from structuring and negotiation through settlement with creditors. Usually, a Chapter 13 bankruptcy will take three to five years in which you will have limited control of your finances. In most cases, your disposable income will be used directly to pay your creditors.
A Chapter 13 bankruptcy will:
- Stop foreclosure
- Stop creditor harassment
- Prevent repossession and wage garnishment
- Restructure and reorganize debts for repayment
- Keep and protect your assets
- Minimize your interest, penalties and principal debt
Most people who file for Chapter 13 still have a stable income; they just need assistance getting back on track. Anyone who has suffered debt knows that getting behind is only the first trend in a downward spiral toward unmanageable debt. In most cases, getting caught up is impossible, based on current income and debts. Our attorneys will assess your income, assets, and debts to help determine if Chapter 13 bankruptcy is the right debt relief solution for you. Our Orlando Chapter 13 bankruptcy lawyer will take the time to explore your options, as well as any alternatives to bankruptcy in your case.
Call (407) 478-0074 today to speak directly with an experienced Orlando, Florida, lawyer or contact us by e-mail if you have a question about your case.
Free consultations in bankruptcy and personal injury · Accessible from both Orange and Seminole Counties · Located conveniently off of I-4 · Parking available · Credit cards accepted · Servicios del intérprete disponibles