If you are facing a mountain of debt and bills and are considering bankruptcy, contact a lawyer who can help you evaluate your options.
Basic Information About Chapter 13 Bankruptcy
A well-educated client is almost always a happy client. For that reason, The Shaw Group, P.C., located in Novi, Michigan, provides the following general information about Chapter 7 bankruptcy.
Chapter 13 bankruptcy, sometimes called the "wage earner's bankruptcy plan", is a form of bankruptcy that reorganizes debt into a more manageable repayment plan over a five-year period of time. An experienced bankruptcy lawyer can help you figure out whether Chapter 13 bankruptcy is suitable to your financial circumstances.
Each person's situation is unique, which is why we encourage you to contact our office to schedule a private consultation with bankruptcy attorney Edward Shaw.
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