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Chapter 13 Bankruptcy

Glendale Chapter 13 Bankruptcy Lawyer

Making the decision of whether to file bankruptcy is something that should be carefully considered. It is advisable to speak to a bankruptcy attorney who can review your financial situation and help you determine if bankruptcy is right for you. If so, it is then necessary to determine which type of bankruptcy is right for you.

The two most common types of consumer bankruptcy are Chapter 13 bankruptcy and Chapter 7 bankruptcy. Attorney Liana Stepanyan represents clients in the Glendale, California, area in both Chapter 7 and 13 bankruptcy proceedings. To schedule a free consultation to discuss your specific debt relief options, please contact us online today.

What Is Chapter 13 Bankruptcy?

In Chapter 13 bankruptcy, debt is reorganized and a repayment plan is established. The repayment plan typically lasts for a period of three to five years. The debtor may be required to pay back a certain percentage of debts, or to pay back certain debts in full.

Chapter 13 bankruptcy is often called "wage earners" bankruptcy because individuals with a regular income are often able to benefit from the repayment plan.

Attorney Liana Stepanyan can help you determine if Chapter 13 bankruptcy is right for your financial situation. She can also explain the benefits of Chapter 7 bankruptcy, which liquidates debt.

File Chapter 13 Bankruptcy in California: Contact Us to Find Out How

If you are interested in learning more about establishing a repayment plan through Chapter 13 bankruptcy, please contact

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220 S. Kenwood Ste. # 340
Glendale, CA 91205
Phone: 818.334.2932
Toll-Free: 866.718.0496
Fax: 818.662.8025

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