Chapter 13

Oregon and Washington Chapter 13 Bankruptcy Attorney

Anyone can qualify for Chapter 13 bankruptcy protection no matter how much he or she makes. Even if you make too much money to file for a Chapter 7 bankruptcy, you may still be eligible to file for a Chapter 13 bankruptcy. Under a Chapter 13 bankruptcy, you can create an interest-free payment plan where you can pay you car loan, mortgage and other secured debt. Use Chapter 13 bankruptcy to get out from under overwhelming debt.

At Debt Advisors, P.C., located in Portland, Oregon, we represent people in need of Chapter 13 bankruptcy protection throughout Oregon and Washington. We help people create a debt settlement plan to put their debts behind them. To learn more about filing for bankruptcy protection, contact us for a free initial consultation.

How to Qualify for Chapter 13 Bankruptcy

Before you qualify for Chapter 13 bankruptcy protection, you must first meet these three requirements:

• You must be supported by a regular income
• Your income must cover you basic living expense and Chapter 13 repayment plan
• Your secured debt (e.g. car or home loan) and unsecured debt (credit card debt or utility bills) must not exceed certain thresholds

One of the reasons why people file for Chapter 13 bankruptcy instead of Chapter 7 bankruptcy is they want to save their home. If you have gone into foreclosure and are unable to pay your mortgage, Chapter 13 bankruptcy will create a repayment plan to save your home. We will work with the bankruptcy trustee to create a plan that will help you.

Are you falling behind in paying your bills? If you are overwhelmed by your debts, consider filing for Chapter 13 bankruptcy. To learn more about getting out from under your debt problem, contact a lawyer at Debt Advisors, P.C., for a free initial consultation.