Chapter 13 Bankruptcy
Chapter 13 Bankruptcy
Canterbury Law Group has significant experience in bankruptcy matters including Chapter 13. Our professionals handle difficult bankruptcy cases throughout the United States with an emphasis on cases in Arizona, California, Nevada and New York.
Chapter 13 is a type of bankruptcy that allows consumers who are struggling with debt to seek relief through the court. Chapter 13 is often used when facing a home foreclosure, as it can stop the foreclosure process in its tracks.
Thousands of people file a Chapter 13 plan with the court every month throughout the U.S., and find that it can allow them to keep their homes, cars and other important possessions while dealing with their creditors.
If you are struggling to pay your monthly bills, filing for bankruptcy under Chapter 13 may allow to you get back on track by reorganizing your debts into one affordable monthly payment. Many clients prefer the certainty of writing a single check to a bankruptcy trustee each month, rather than juggle dozens of creditor accounts and demands for payments.
A Chapter 13 bankruptcy is not a per se liquidation but rather involves a restructuring of debt over a three or five-year period, pursuant to a plan which is filed with, and approved by, the court. This plan allows a debtor to pay its creditors a percentage of the amounts owed to them. Like in a Chapter 7, in a case under Chapter 13, the court appoints a single Trustee. Pursuant to the terms of your Chapter 13 plan, you make one single global monthly payment to the Trustee, who in turn then pays the creditors their pro-rata share of what is owed.
The complexity of Chapter 13 bankruptcy allows great room for error. When you choose Canterbury Law Group as your legal partner, you will be supported by a legal team with vast experience and high success rates in the courtroom. This is particularly true with respect to bankruptcy matters.
Call us today to schedule your bankruptcy consultation. Do not ignore your opportunity to rebuild a sound financial future.
As authorities in the bankruptcy industry, the team at Canterbury Law Group in Phoenix was uniquely formed to provide no-nonsense legal counsel for the most complex financial cases. The attention, experience and sophistication allows for innovative resolutions that have a positive impact on clients and their financial future.
When you choose Scottsdale-based Canterbury Law Group as your bankruptcy advisors, be confident in your selection. We limit the number and type of cases we undertake so clients receive our full attention. Our team typically works closely on all of our matters, bringing a unique mix of expertise to all of our practice areas.
Most importantly, Canterbury Law Group solves problems. Our lawyers are dealmakers, not deal breakers, and we will do everything in our power to deliver our legal services on time, and under budget so you can get back to your life and your work.
When representing you in Chapter 13, our goal is to help you achieve a new financial existence. Our track record speaks for itself. Let us help you achieve your new future of reduced or debt free existence.