Bay Legal offers insight and protection of your assets via bankruptcy – Chapter 7, Chapter 13.
At the completion of a Chapter 13 bankruptcy you will retain ownership and possession of all your assets. A repayment plan is developed to pay down your secured assets and a portion of your unsecured assets over a period of three to five years. The amount of payment made under the plan depends upon a variety of factors, including the value of your property (assets) and your level of income and expenses. Secured creditors are generally paid in full while unsecured creditors sometimes receive little and often nothing.
Book a consultation with our insolvency attorney about chapter 13 today
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