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York Chapter 13 Bankruptcy Lawyer

Let Our Firm Help You Regain Your Financial Independence

If your debt becomes overwhelming enough to know you will never be able to repay it, there are two types of bankruptcy available: Chapter 7 and Chapter 13 bankruptcy. While the former enables individuals with little monthly income and assets to wipe out qualifying debt, the latter offers debt relief—through a repayment plan—for those who earn a significant amount or wish to keep valuable property such as the family home.

If you are interested in filing for Chapter 13 bankruptcy in York, PA, our legal team at Dethlefs Pykosh & Murphy are ready to help you take back control of your finances and make a fresh start in life. We understand the complexities of the legal process to provide comprehensive guidance through your bankruptcy while protecting your rights and best interests.

Benefits of Chapter 13 Debt Relief

Chapter 13 bankruptcy is often known as a wage earner’s plan, giving qualified individuals the opportunity to create a plan to repay all or some of their debts and making installments to creditors over a three- to five-year period. The repayment plan enables individuals to keep secured debt (e.g. a house or car) by paying the mortgage or car loan and even lower—or dissolve—unsecured debt (e.g. credit card bills or personal loans).

One of the main advantages of Chapter 13 is saving your home from foreclosure and even cure delinquent mortgage payments over the course of the plan. Another benefit is extending secured debts over the span of the repayment plan, essentially lowering payments.

A person must have no more than $1,184,200 in secured debt and $394,725 in unsecured debt to qualify for Chapter 13.

Call (717) 559-0271 to Get Started Today

Our York bankruptcy attorneys can evaluate your case, determine your available legal options, and help you make the best legal decisions to erase your debt once and for all. Do not wait any longer to take a positive step in taking back financial control.

Contact us and request a free consultation for more information today.