Chapter 13 is a form of bankruptcy that allows individuals to restructure their debts without risking any assets.  Chapter 13 is a powerful tool that can help people with all of the following:

1.     Stop foreclosure and catch up on mortgage payments;

2.     Wipe out 2^nd mortgages;

3.     Lower car payments and interest rates;

4.     Stop garnishments and bank levies;

5.     Create an affordable payment plan to pay off tax debt; and

6.     Wipe out unsecured debt, including credit cards, personal loans, medical bills and other claims.

Chapter 13 provides significant protection to individuals.  Moreover, if the Chapter 13 petitioner no longer wishes to be in Chapter 13, or can no longer afford the plan payments, he or she can dismiss the case or convert it to Chapter 7.

In preparing our clients for Chapter 13, Wadhwani & Shanfeld will create detailed financial reports, including an income and expense analysis, along with a plan of reorganization and other supporting schedules.  Wadhwani & Shanfeld has extensive Chapter 13 experience and knowledge, and that is evidenced by our clients’ results and satisfaction.

Chapter 13 bankruptcies can be complicated, and Wadhwani & Shanfeld urges you to carefully choose a qualified attorney who focuses his or her practice on bankruptcy.  Feel free to contact Wadhwani & Shanfeld for a free consultation with an experienced bankruptcy attorney.  If visiting one of our offices is not convenient, we offer same-day telephone consultations.  Our attorneys will educate you on all options, including debt settlement, Chapter 7 and Chapter 13.