Chapter 13 Bankruptcy Attorneys

You may be worried if you are behind on your home or auto loan payments. Filing for bankruptcy alone can be daunting, especially if you are facing foreclosure or repossession.  Chapter 13 bankruptcy can help you stop foreclosures, repossessions and lawsuits and assist you with a payment plan to resolve your debts.

Schedule a Free Consultation

Working with an experienced bankruptcy attorney ensures that you don’t miss a step that could disqualify your case. Our bankruptcy lawyers will help you file your petition and guide you through the process of filing for Chapter 13 bankruptcy. During your free initial consultation, our attorneys will thoroughly discuss your situation with you to determine the course of action that is best for you and your family. 

Experienced Bankruptcy Attorneys

At Reynolds and Gold Law, we have helped clients cancel their debt for over 30+ years. We’ve handled countless Chapter 13 bankruptcy cases for people just like you. Our bankruptcy attorneys can help you feasibly resolve your debts. 

Bankruptcies Filed

Combined Years of Experience

Client Testimonials

As an experienced law firm, Reynolds and Gold has had the privilege of helping thousands of clients navigate the complex world of bankruptcy. Here’s what they have to say.

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Chapter 13 Bankruptcy: How Does It Work?

Chapter 13 bankruptcy is for individuals with a regular income. To file for Chapter 13 bankruptcy, you must be able to pay back a portion of your debt. There are limitations on the amount of debt you can have to qualify for Chapter 13 bankruptcy. You may not be eligible if your debts exceed those limitations or if you have filed for bankruptcy in the past two to four years. 

Fees & Cost to File

To file for Chapter 13 bankruptcy, you’re required to pay a court filing fee and a fee for our services.

The Means Test

The Means Test is used to determine whether  your plan commitment period of 3 to 5 years that you have the ability to pay your unsecured debts. It uses several factors that determine whether you qualify for Chapter 13 and what your payment will be. These factors include your income for the past six month, the number of people in your household and your monthly living expenses.  

Debt Relief & Reorganization

Filing Chapter 13 bankruptcy allows you to keep your assets  and property as long as you can afford them. Instead of selling off your property to pay back your debt, Chapter 13 requires you to follow a repayment plan approved by a bankruptcy court. 

Many repayment plans let you pay back significantly less than what you owe. Repayment plans typically last (3) to (5) years. When the plan ends, the rest of your debt is canceled with some exceptions.

Documentation  Needed to File

Before you file for Chapter 13, you must complete a credit counseling course online or by telephone. Once you decide to move forward, you will need to provide information on the following:

  • Your creditors and their addresses
  • Your income for the last 6 months
  • Any property/assets you claim
  • Your monthly living expenses
  • Last years tax return

Bankruptcy Resources

Do you have questions about bankruptcy? Our resources can help you find the answers you need to navigate your current financial situation.